The OECD LEISs show slowdowns across most of EMU as well as for EMU itself. China is in "official" slowdown mode. The US escapes that designation as its reading is above 100. Still, the US measure has slipped a tick month-to month but [...]
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| Sep 13 2012OECD Sees Slowdowns
Global| Sep 11 2012UK Balance Shrinks as Trade Flows Slow
The UK trade balance improved moving to a smaller deficit position in July as exports rebounded strongly from a very weak June, gaining back what they had lost. But imports fell, building on losses over the last four months. Year- [...]
Global| Sep 11 2012UK Balance Shrinks as Trade Flows Slow
The UK trade balance improved moving to a smaller deficit position in July as exports rebounded strongly from a very weak June, gaining back what they had lost. But imports fell, building on losses over the last four months. Year- [...]
Global| Sep 06 2012German Orders Mark Slight Rebound in July
paragraphs German Orders and Sales By Sector and Origin Real and SA % M/M % SAAR Jul'12 Jun'12 May'12 3Mo 6Mo 12Mo YrAgo Q-2-D Total Orders % % % % % % % % Foreign 3.0% 1.7% -3.8% 3.2% -0.2% -0.8% 13.1% -3.3% Domestic 1.3% -0.8% 1.7% [...]
Global| Sep 06 2012German Orders Mark Slight Rebound in July
German orders rose in July by 0.5%, more than expected. Foreign orders crept higher by 0.1% while domestic orders advanced by 1% on the month. Over three-months and six-months foreign orders are up and their pace of growth is steady. [...]
Global| Sep 05 2012E-Zone Continues to Slip as MFG Slows Its Rate of Descent and Services Speeds Its Up
Europe’s PMIs continue to slip. The services sector deteriorated in August but MFG actually firmed its index although still held below 50 indicating an erosion of manufacturing sector output. Germany’s services sector took a big step [...]
Global| Aug 30 2012EU Indices Show Spreading Weakness
While Merkel and Monti and Merkel and Draghi fight over the role of the new bailout facility the euro-Zone continues to slip. By now the whole of the e-zone is in a slide. The overall sentiment figures have slipped by roughly similar [...]
Global| Aug 29 2012French Climate Downward Revision Creates Appearance of Gain in August
France’s Insee business climate reading for July was revised to 89 from 90 making the ‘repeat’ initial reading of 90 into a gain in August. The index is still weak at the 36.8th percentile of its high/low range and yet it is lower [...]
Global| Aug 27 2012An Italian Success Story and Beyond…
Italy’s current account is finally adjusting. No longer is it simply stuck in the ‘red zone.’ Since December 2004 Italy has had only four months in which its current account has not been in deficit. In June Italy’s account was at zero [...]
Global| Aug 23 2012EMU PMIs show continued stress
The good news is that the PMIs for August did not simply continue to decay. The bad news is that there is really not much of a bounce. And that the service sector did continue to decay but by a small amount. By comparison the MFG [...]
Global| Aug 22 2012Japan's Trade Flows Slow
Japan’s trade trends have remained firmly riveted in place with its goods trade position in deficit for 17 months running and its export and import trends in a clear decelerating phase. Japan is caught between some powerful forces [...]
Global| Aug 17 2012EMU Trade Surplus Grows
The EMU trade picture swung from deficit to mounting surpluses and that has been in train over the last 10 months. This month the jump was particularly large as the surplus ran up to €10.5bln from €6.8bln. Month to month exports [...]
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