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

  • The OECD's leading economic indicators show ongoing improvement among the major industrial economies. United States, Japan, and China, in particular, show significant upward movements in February from their January readings. Those [...]

  • Global| Apr 09 2013

    German Trade Surplus Widens

    Germany's trade surplus continues to widen as growth in the European Community continues to struggle. In February both German exports and imports fell. German exports declined by 1.5% while imports fell by 3.8%. Trends for both [...]

  • Global| Apr 08 2013

    German Industrial Production

    German industrial output rose by 0.5% in February after dropping by 0.6% in January. Even so, over three-months, IP is up at just a 0.4% annual rate. With two months of data in for the first quarter, IP is still shrinking at a 1.6% [...]

  • Global| Apr 04 2013

    EMU Services Sink

    The US services index dialed down in April. In Europe services are lower on a broad front. US jobless claims are moving up and there is a hue and cry to blame it on Easter and bad seasonal factors. Maybe there is some of that in the [...]

  • There is no arguing with the fact that EMU inflation is turning lower. One year ago EMU's Year-over-year inflation rate was 2.6% - high by the standards of the ECB but hardly bristling. In March of 2013, one year later, the pace is [...]

  • Finalized manufacturing PMIs for the European monetary union fell in March by 1.18 points. Of the nine countries that provide independent topical readings for the manufacturing sectors, eight of nine show declines in March compared to [...]

  • Japan's Tankan reading in 2013Q1 for manufacturers rose to -8 from -12 in Q4. This was just short of expectations that a -7 reading would emerge. Non-MFG improved to +6 from +4. The readings are still weak. The MFG survey stands at [...]

  • Money and credit growth in the European Monetary Union continue to be disappointing. Money supply growth over 12 months is at a 4.3% annual rate while over three months it has slipped to a 3.5% annual rate. On unchanged velocity it is [...]

  • Global| Mar 27 2013

    EU Index Drops Off in March

    The EU Commission index for the European Union fell from a level of 92 in February to 91.4 in March 2013. The industrial sector index fell to a net reading of -11.8 from -10.9. Consumer confidence was unchanged at -21.6. The retailing [...]

  • France's household confidence according to the INSEE statistical agency fell by two points in March to a level of 84 from a level of 86 in February. At its March level confidence stands at about the 7th percentile in its historic [...]

  • Consumer Confidence in Italy sees handwriting on the wall - Italy's consumer confidence measure in March as measured by ISAE, the Italian statistical agency, shows a drop in the reading to 85.2 from 86.0 in February. January had [...]

  • Global| Mar 25 2013

    German IFO turns Iffy

    Germany's widely respected IFO business climate index turned slightly lower unexpectedly in March. Rising confidence abated, business expectations took a small setback and the climate cooled. The table chronicles a sector diffusion [...]