The German IFO gauge rose in April but its month-on-month gain slowed, improving by just 1.4 diffusion points. Current conditions gained on the month by 2.3 diffusion points and expectations gave back 1.6 points. The climate gauge [...]
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| Apr 26 2021German IFO Index Slows Its Gain
- Global| Apr 23 2021
PMIs Show Ongoing Growth
The flash PMIs from Markit show EMU values with the composite PMI rising to 53.7 in April from 53.2 in March. The manufacturing gauge actually ticked higher while the service sector PMI rose, carrying the day and pushing the composite [...]
- Global| Apr 22 2021
U.K. CBI Optimism Speaks Volumes
The U.K. Confederation of British Industry (CBI) survey saw its order component backtrack in April falling to -8 from -5 in March even as optimism on future output expectations gained purchase. Total orders have a queue standing in [...]
- Global| Apr 21 2021
Canada's CPI Shows Pressure, Just Part of the International 'Club' or a Misreading of the Tea Leaves?
Canada's inflation is on the rise as are the inflation rates of the U.S. and EMU. The table shows that all 12-month inflation rates for the five of the six year-on-year categories are higher in March than in September. Five to one [...]
- Global| Apr 20 2021
German PPI Registers Sharp Gain
Germany's PPI surged in March gaining 0.9% after strong gains in each of the two prior months as well. While the gains are somewhat less ‘impressive,' the ex-energy price increases in the last three months have been large as well. [...]
- Global| Apr 19 2021
Japan's Trade Surplus Reappears
After a dip into deficit in February, Japan's trade balance shifted to surplus in March as exports surged 4.3% and imports receded by 0.7%. Both exports and imports in March reversed their respective changes in February. However, both [...]
- Global| Apr 16 2021
European New Car Registrations Remarkably Strong Yet Forgettable
How can sales be remarkable and yet forgettable? Answer: you only need to look at this month's data to see why or how. Car registrations are not going to be the only statistic that bears these dual and seemingly dueling [...]
- Global| Apr 14 2021
Euro Area IP drops in February
Industrial production fell by 1% in February in the euro area. Consumer goods output ticked higher while the output of capital goods and intermediate goods fell. Of the 12 early-reporting EMU countries listed in the table, seven [...]
- Global| Apr 13 2021
Industrial Output in Italy and France and a Cursory ZEW Outlook
Italian Production Italian industrial output in manufacturing rose for the third month in a row. The three-month annualized gain at 4.8% is just about the mirror image of the six-month decline at 5.4%. Over 12 months, Italian IP is [...]
- Global| Apr 12 2021
EMU Retail Sales Jump, Regaining Some of the January Drop
February finds EU retail sales and motor vehicle registration rebounding after having logged even more severe drops in January. As a result, despite the substantial boost this month, retail sales and vehicle registrations are still [...]
- Global| Apr 08 2021
Total PMIs Gain Traction in March
The PMI readings for March show improvement again with the JPMorgan Global reading rising to 54.8 in March from 53.2 in February. While the virus stuck over a year ago battering the global economy, creating a sink hole in growth, and [...]
- Global| Apr 05 2021
Japan's Progress Is Confined to Manufacturing
PMI data are being finalized in step-wise fashion. The table below presents the most up-to-date PMI reading for all the entries in the table. Final PMI readings were issued today for the U.S. and Japan; the rest show the ‘flash' [...]
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