UK industrial orders as reported by the CBI survey (Confederation of British Industry) are up sharply cutting their negative reading to -12 in December (Merry Christmas!) from -21 in November. This jump still leaves the series weak in [...]
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| Dec 13 2012UK Industrial Sector: Sharp Improvement- So What?
- Global| Dec 06 2012
German Industrial Orders Rebound Very Sharply But it's Not a Sign of Zone Revival
German orders recorded a sharp snap back in October, rising by 3.9% after falling by 2.4% in September, The jump still leaves overall orders lower by 2% year-on-year but the profile is now sharply different with foreign-sourced orders [...]
- Global| Dec 05 2012
EMU Services PMIs Move Up
Among the original EMU members reporting service sector PMI details, Ireland and Italy were the only reporters with slippage posted in November. The overall EMU reading advanced to 46.74 from 46.04 a metric still pointing to declines [...]
- Global| Dec 03 2012
EU and US on Different Paths for Unemployment: Why?
As of October the EU area unemployment rate has continued to move steadily higher. Among the key reporting EMU economies only Germany and Ireland have persistently declining rates of unemployment. Ireland's drop is from very elevated [...]
- Global| Nov 29 2012
EU Indices Show Some Rebound: UK Shines...Mostly
The EU Indices rose unexpectedly in November despite ongoing pressure in the Zone and discord about how to approach its tangled future. The EU economic sentiment index is at its highest level since July. The EMU index is at its [...]
- Global| Nov 28 2012
Money Supplies and Money Surprise
Global monetary trends are all going their own ways not leading to the notion that there is any policy convergence underway. Neither can we really say that monetary policies at the country level are being tailored for their respective [...]
- Global| Nov 15 2012
EMU and Other GDPs Decline
Despite some sporadic increases in quarterly GDP growth for the various EU and EMU member in the table, what marks this data set most consistently is that over most of the recent quarters all of the counties are experiencing [...]
- Global| Nov 14 2012
e-Zone IP drops sharply
e-Zone manufacturing output fell by 2.6% in September, a sharper drop than had been expected. The drop comes after two months of increasing by 0.9% in each of them. Still IP in the zone is falling at a 3.6% annual rate over three [...]
- Global| Nov 13 2012
German Zew Survey Weakens
German financial experts continue to see weakening conditions in Germany. The current index fell from 10 to 5.4 and expectations edged down to -15.7 from -11.5. At these levels the current index is stronger about 35% of the time [...]
- Global| Nov 13 2012
German Zew Survey Weakens
German financial experts continue to see weakening conditions in Germany. The current index fell from 10 to 5.4 and expectations edged down to -15.7 from -11.5. At these levels the current index is stronger about 35% of the time [...]
- Global| Nov 09 2012
BoF Survey Shows Weak French Economy Will Anyone Learn from Europe's Fate and France's Choice?
Who says it can't get any worse? President Francois Hollande has been met with an economy that has done progressively worse after he took office. While he has clamped an oppressive income tax (75%!) on the rich, he has not been able [...]
- Global| Nov 01 2012
U.S. Consumer Confidence: Sharp Improvement but Still Lacking
The Conference Board consumer confidence measure rose sharply to 72.2 in Oct from 68.4 in Sept. it was last higher in Feb 2008. The present situation is better in Oct too, rising to 56.2 from 48.7 it was last higher in Sept 2008. [...]
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