Over 78% of the manufacturing PMIs in the table below show improvement in March compared to February. That's an extremely high proportion. On the timeline since January 2017, there is a good deal of improvement in train. Nine of the [...]
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 01 2021Manufacturing PMIs Glow Hotter
- Global| Mar 31 2021
EMU Inflation...A Reversal of Fortune?
EMU inflation in March and February is tranquil. But in the wake of a massive rise in January, calculated inflation rates for three-months and six-months are uncomfortably large. Year-on-year inflation in the EMU is just at 1.2%. That [...]
- Global| Mar 30 2021
Japan's Retail Sales Continue to Post Growth
Japan's retail sales, exports and employment trends continue to move higher and to point higher. But only employment shows a steady acceleration from 12-months to six-months to three-months, growing at successively faster rates on [...]
- Global| Mar 29 2021
Consumer Confidence Backtracks in Finland
Consumer confidence in Finland stepped back in March, dropping to a reading of -3 from -0.8 in February. The March reading has a 35.1 percentile standing among data back to 1998 but shows a substantial improvement from one year ago [...]
- Global| Mar 26 2021
IFO Indexes Move Sharply Higher But Are Still Lacking
The IFO indexes moved higher in March. The chart plots the indexes while the table presents sector results and aggregate gauges based on diffusion indexes. The graph shows a very strong gain in business expectations and a solid rise [...]
- Global| Mar 25 2021
German Confidence Points to an April Recovery But Is Still Quite Weak and the Virus Is Still on the Loose
The GfK German confidence gauge is still quite weak as it posts a headline reading of -6.2 (projected for April). This compares to an historic average reading of 5.2. Place the April reading in its range of values and the current [...]
- Global| Mar 24 2021
Europe's composite PMI Moves Strongly Higher-Shows Expansion Again
The Markit PMI 'flash' readings for March show improvement and for the most part - strong improvement - all up and down the line. Japan is the sole exception with a small improvement month-to-month based on small improvements in both [...]
- Global| Mar 23 2021
U.K. CBI Survey Shows Improving Industrial Sector...Will Virus Politics Interfere?
The U.K. CBI industrial trends survey shows a sharp improvement in orders in March. The total order reading jumped to -5 from February’s -24 as its sequential averages echoed the ongoing improvement in the sector. With that jump in [...]
- Global| Mar 22 2021
Confidence in Belgium Continues to Move Up
The National Bank of Belgium consumer survey shows an improvement in confidence in March with its consumer index improving to -4 from -9 in February. The one-month, three-month and 12-month improvements are all about the same in [...]
- Global| Mar 19 2021
U.K. Consumer Confidence Rises 'Strongly' But Remains Weak
The U.K. economy has been put through the wringer with its Brexit decision and seemingly endless negotiations, a change in government and then it was sucker-punched by the coronavirus which took hold in the U.K. and then morphed into [...]
- Global| Mar 18 2021
EMU Trade Balance Erodes in January
The EMU trade balance saw its surplus erode in January, falling to €24.2bln in January from €27.5bln in December. Exports fell harder than imports to drive this result. Exports fell by 2.8% while imports fell by 1.3% (both month-to- [...]
- Global| Mar 17 2021
Passenger Car Registrations Continue to Sag in Europe
Passenger car registrations in Europe rose by 6.3% m/m in February but only after falling by 28.2% in January. Registration rose in the month in four of the five countries in the table, with France being the exception. This month’s [...]
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