The auto sector is giving Europe a boost as incentive programs are still helping to stimulate sales. Only Italy and Spain have reported registrations for October but despite poor growth in both regions auto sales are growing 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| Nov 03 2009Selected Car Registrations In Europe
- Global| Nov 02 2009
Europe's MFG PMIs Continue To Rise. EMU PMI Rises Over 50 For First Time In 18 Months To Vee Or Not To Vee…Is That [...]
Europe’s MFG sector is up over the neutral reading of 50 for the first time in 17 months. The Markit/NTC gauges of the EMU economy and for individual nations is a stronger reading than in the EU Commission framework. Five of the nine [...]
- Global| Oct 30 2009
German Retail Sales Sink For Second Month In A Row
German retail sales fell for the second month in a row. For Q3 sales are now falling at a 4.3% annual rate. Real ex auto sales are dropping in the quarter at a pace of -3.2%. All three month growth rates for key retail categories are [...]
- Global| Oct 28 2009
Italy's Business Sentiment Bounces Back Highest Reading Since Sept 2008
Last month Italian consumers felt great and Italian businesses felt worse. In October, Italian consumers felt decidedly worse while business sentiment advanced nicely to a 13 month high. Still the overall biz indicator stands only in [...]
- Global| Oct 27 2009
Money Supplies Continue to Erode
Over view: Money supply growth in the key economies continues to erode on a broad front. Japan sports a contrary pattern with steadily increasing growth in money supply. The UK has been through the biggest boom/bust in money supply [...]
- Global| Oct 26 2009
Germany’s Consumer Climate Improves
Germany’s GFK survey rose in October. It was a month-to-month rise of 0.4 for the third month in a row. The economic index rose by 5.2 points its smallest rise since May but on the heels of a 10.9 point spurt in September. Income [...]
- Global| Oct 23 2009
EMU Orders Continue to Rise and Cut Year/Year Drop
The EMU economy continues to spin off better economic signals. Orders rose by 2% in August after a 3% rise in July and a 4.2% gain in June. As a result the sequential growth rates are showing explosive growth in orders- up at a 43% [...]
- Global| Oct 22 2009
EMU Trade Surplus Shrinks
The EMU surplus in trade shrank in August at exports fell a sharp 5.8% in the month and imports skittered lower by 1.3%. While exports are down by a heft 22.8% Yr/Yr their annual rate of decline is cut to the 3% to 4% range over three [...]
- Global| Oct 21 2009
UK Expected Output Turns The Corner As Total Orders Drop
UK industrial orders according to the CBI up-minus-down net balance indicators fell in October. At a reading of -51 the orders index is above its cycle low of -59 but down from September’s -48. Export orders at a still weak -46 were [...]
- Global| Oct 21 2009
UK Expected Output Turns TheCorner As Total Orders Drop
UK industrial orders according to the CBI up-minus-down net balance indicators fell in October. At a reading of -51 the orders index is above its cycle low of -59 but down from September’s -48. Export orders at a still weak -46 were [...]
- Global| Oct 20 2009
e-Schism! Italy and France Orders Show Signs of Past Progress, then Italy Backtracks
Industrial orders for Italy and France show strong signs of having shaken off the worst of the recession as each of them has rebounded sharply into 2009. But in August their paths have diverged. France continues to show signs of [...]
- Global| Oct 19 2009
So Far, So Good: Japan Service Sector Advance Again
Japan’s Tertiary index (service sector index) rose in August for the third month in a row. The chart above puts these increases in perspective. While a nice, stable uptrend is emerging, the pace of the rise is relatively moderate; yet [...]
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