Haver Analytics
Haver Analytics

Introducing

Robert Brusca

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| Feb 19 2013

    Zew Jumps

    The Zew expectations reading jumped in February to 48.2 from 31.5. This near-neutral reading (a reading of 50 would balance positive with negative expectations) stands in the 36th percentile of its historic queue of net readings; it [...]

  • Trade balance in the European monetary union widened to 11.9 billion euro from 10.5 billion euro in December. Exports from the Zone fell by 1.9%; the drop is exceeded by a 2.9% drop in imports. The resulting weaker import performance [...]

  • Global| Feb 14 2013

    EMU's GDP is Even Weaker

    It is now five consecutive quarters of GDP declines in EMU...and counting. The Year-over year drop is now at 0.9%. While the US reported a drop in GDP in Q4 as well it is still stronger than any economy in the table, those are EMU [...]

  • Global| Feb 14 2013

    EMU IP Also Rises

    EMU IP is showing a gain in December of 1%. Month to month. It is still falling over 3-Months and six months and 12-months. But the pace of its decline is slowing. Output in the EMU region is still some 5.2% below its past cycle peak. [...]

  • In the OECD framework the US economy picked up a bit of steam in December. The UK and Japan each showed their ratios to trend above 100 and advanced slightly compared to November. But the sense of growth and momentum form the OECD [...]

  • To be sure business sentiment in France is weak. But it is also engaged in a long swing higher and it continues to extend that trend with a gain in January despite a number of internal readings that warn us that the strength in this [...]

  • German IP struggled to a gain in December rising by 0.3% after four straight months of decay. However, there are some seeds of hope for Q1 growth. While there is only one month of gain in the quarter it came at the quarter's end. The [...]

  • German orders rose unexpectedly on surging foreign demand. German domestic demand weakened as domestic orders fell by 1.2% and are off by 4.6% year-over-year. Meanwhile foreign orders are now up by 0.4% year-over-year. As a result [...]

  • In January the European monetary Union's service sector index moved up sharply. Improvement was seen across most of the euro-Area. France and Italy are exceptions. In France the services PMI index fell to 43.57 from a value of 45.19 [...]

  • EMU PPI trends appear to be stabilizing on top of the target pace for the HICP. The ECB has not formal target for the PPI. But its 2.1% on muted momentum seems like something the ECB would be pleased with -even its German [...]

  • Global| Feb 01 2013

    European MPIs: JAWS!

    The chart shows the latest twist in EMU. The recent observations plot a picture that looks like a snake with its mouth open, sticking out its green tongue. We have achieved this graphic design without using members from the periphery [...]

  • Global| Jan 31 2013

    Beyond Japan's IP Rebound...

    Japan's index of industrial production rebounded strongly in December rising 2.5% after falling by 1.4% in November. Three-month growth rate is now up to an annual rate of 11.6, up sharply from a contracting -7.8% pace over 6-months [...]