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% [...]
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| Oct 23 2009EMU Orders Continue to Rise and Cut Year/Year Drop
- 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 [...]
- Global| Oct 16 2009
Italy's Trade Gap Widens On Weaker Exports
Italy’s exports and imports both dropped on the month with exports dropping faster. As a result, the trade gap widened. But the gap has improved from its worst level at end of 2008. True, the deficit has expanded again from it best [...]
- Global| Oct 15 2009
EMU HICP Drops in September Core Rate Remains in Subdued Trend
The EMU HICP fell by 0.1% m/m in September. The 12-month pace for headline inflation was -0.3%. The headline rate has not increased Yr/Yr since April. Headline inflation is choppy at a low level. Core inflation has been very steady at [...]
- Global| Oct 14 2009
DIHK Survey Points to Continued Improvement in German Economy
The DIHK survey, a poling of over 25000 firms by the German chambers of industry and commerce, is not conducted in Q3. So the fourth quarter’s -10 reading compares to the -17 reading from Q2. It is a net balance of opinion diffusion [...]
- Global| Oct 09 2009
OECD Sounds the All-Clear - Almost
OECD gets upbeat - The OECD is getting much more upbeat in its assessment of the world's leading economies. It now contends that they may now be recovering or growing after hitting the bottom of their respective economic recessions in [...]
- Global| Oct 08 2009
Bank Of France Business Indicator Continues Its Barnstorming... Still, Many Barns Lie Ahead
The Bank of France monthly business survey continues to show a strong uptrend. The overall industry sentiment index (in red at the bottom of the table) scored a reading of 92 up from 89 in August, a standing of 30% in its range of [...]
- Global| Oct 07 2009
German Orders Growth Extended
Order Trends: German new orders growth was extended as foreign orders snapped back after a one-month decline. Domestic orders fell by 1.9% after surging by 9.5% in July. Orders have been rising steadily, strongly, over the past six [...]
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