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- [...]
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 15 2013EMU GDP Drops Again; Light at the End of the Tunnel?
- Global| May 14 2013
Zew 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 2013
Japan'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 2013
UK 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 [...]
- Global| May 08 2013
German IP Rises; Makes Gain in Q1
German industrial production surprisingly rose by 1.2% in March building on a gain of 0.6% in February. These are the two first back-to-back gains in industrial production since April and May 2011 - and these gains are larger. These [...]
- Global| May 07 2013
German Orders Put in Strong Back-To-Back Gains
German factory orders rose by 2.2% in March building on a gain of 2.2% in February. Surprisingly, driving the overall growth were orders from the euro-zone market which jumped 4.2 percent. Total overseas orders rose 2.7 percent, while [...]
- Global| May 02 2013
Europe's Manufacturing Sector Flounders
The manufacturing PMI for the euro area contracted a bit more slowly than in its preliminary estimate. The PMI indicator fell to 46.69 from 46.75, a marginal creep lower in April. Although France continues to be under a lot of [...]
- Global| Apr 29 2013
EU/EMU Economic Sentiment Drops: What's Next?
Indices of economic sentiment from the European Commission show declines for the Economic Union (EU) and for the European Monetary Union (EMU) for April. The overall EMU index has fallen for the third month in a row, as has the index [...]
- Global| Apr 26 2013
e-Zone Credit Contracts: Has Monetary Policy Met its Match?
Euro-Zone money supply growth has steadied in the 4% to 5% range, slightly above its pace in the previous couple of years. Real money balances are rising a bit faster too in the range of 2.5% to almost 4%, up from one to one-point [...]
- Global| Apr 25 2013
German IFO reading drops
The details for the German IFO index show that in terms of current conditions deceleration is rampant across all sectors of the German economy except for retailing. The German retailing sector index edged higher from 5.8 in March to a [...]
- Global| Apr 24 2013
German IFO reading drops
The IFO index, a survey of the German economy, fell sharply from a +6 reading in March to a reading of 1.5 in April. While a small positive number, the 1.5 reading stands in the 66.7 percentile or the top third of its historic range. [...]
- Global| Apr 23 2013
e-Zone PMIs Remain Under Pressure
The euro-zone's private sector economy remains under pressure in April. The manufacturing PMI index fell slightly to 46.48 in April from 46.75 in March. At this level the manufacturing index historically has been weaker only about [...]
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