Unemployment rates in April in the European Monetary Union continue to rise, as the overall EMU rate is moving up to 12.2% in April from 12.1% in March. The March rate was steady at the same pace as in February. Over three months the [...]
Introducing
Robert Brusca
in:Our Authors
Robert A. Brusca is Chief Economist of Fact and Opinion Economics, a consulting firm he founded in Manhattan. He has been an economist on Wall Street for over 25 years. He has visited central banking and large institutional clients in over 30 countries in his career as an economist. Mr. Brusca was a Divisional Research Chief at the Federal Reserve Bank of NY (Chief of the International Financial markets Division), a Fed Watcher at Irving Trust and Chief Economist at Nikko Securities International. He is widely quoted and appears in various media. Mr. Brusca holds an MA and Ph.D. in economics from Michigan State University and a BA in Economics from the University of Michigan. His research pursues his strong interests in non aligned policy economics as well as international economics. FAO Economics’ research targets investors to assist them in making better investment decisions in stocks, bonds and in a variety of international assets. The company does not manage money and has no conflicts in giving economic advice.

Publications by Robert Brusca
Global| May 31 2013EMU Unemployment Continues to Rise
Global| May 30 2013EU Indices largely improve in May.
The indices of sentiment and confidence in the EU area, for the Monetary Union sub-set, as well as for their key individual members, showed surprising resilience and strength in May. The overall EU index rose as the sentiment index [...]
Global| May 28 2013EMU-Era Low in French Confidence
Household confidence in France took a sharp step down in May dropping to a level of 79 from a level of 83 in April. The drop this month in the INSEE survey index has fallen to its lowest level since the monetary union was formed. [...]
Global| May 24 2013IFO Rebounds; Beer Remains Protected
IFO gauge of German real sector activity shows a pickup in May compared April. This is the first rise following two months of declines. In the table and in the chart we present the IFO data on diffusion readings. This is the same sort [...]
Global| May 23 2013Flash PMIs gain ground in Europe: so what?!
In May the purchasing managers indices that assess the manufacturing and services sectors in the European Monetary Union are showing that both sectors continue to decline but that the rate of decline has been reduced for both [...]
Global| May 22 2013EMU Current Account Spurts...Oh My!
The European Monetary Union (EMU) current account surplus jumped to 25.9 billion euros in March from 14.6 billion euros in February. The surplus is the largest on record since the Union was formed. While there are some countries in [...]
Global| May 21 2013UK and EMU Inflation Drop
UK inflation broke sharply lower in April, falling by 0.5% after rising 0.4% in March. The twelve-month growth rate for the harmonized consumer price index in the UK is at 2.3% down from a pace of 3% one year ago. Inflation is closing [...]
Global| May 17 2013e-Zone Car Sales Show Some Life, EU Car Sales Show Even More
Automobile registrations are improving their rising trend for the European Union in April despite s small set back in the month. They are off by1.4% after a sharp gain of 7.2% in March. Over three months EU registrations are up at an [...]
Global| May 15 2013EMU GDP Drops Again; Light at the End of the Tunnel?
GDP growth in the European monetary union fell by 0.9% quarter-to-quarter expressed at an annual rate. This is a slightly reduced pace of decline compared to the -2.3% annual rate drop registered in the fourth quarter of 2012. Year- [...]
Global| May 14 2013Zew Index Notches Down the Heat as Pew Poll Turns it Up
The Zew index that surveys financial experts in Germany moved lower in April compared to March for both its current and its expectations readings. The current reading notched down to a 9.2 net reading from 13.6 in March. The [...]
Global| May 10 2013Japan's Economy-Watcher's Index Rises
Japan's economy-watchers index moved up sharply in March to a level of 57.3 from 53.2. It has reached its highest mark since early 2000 when the index was launched. The rise in the economy-watchers index has been particularly sharp in [...]
Global| May 09 2013UK IP Perks Up, but Still Drops in Quarter
Industrial production in the UK rose by 1.1% in March, building on a gain of 0.6% in February, and struggling to make a net gain compared to January's 1.9% drop. In March output saw increases for consumer durable goods, consumer [...]
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