The graphic tells a clear story of recent trends. Both exports and imports have been regaining momentum after they reached a 12-month growth-rate low in March. Growth rates for exports and imports are reviving with exports leading 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| Jan 15 2021The EMU Trade Surplus Stabilizes
- Global| Jan 14 2021
Japan's Orders Are Mixed and Its Surveys Are Weak
Japan's industrial orders were mixed in November with headline orders falling by 1.5% and core orders rising by 1.5%. Year-on-year the comparison is exactly opposite with total orders rising by 1% and core orders lower by an outsized [...]
- Global| Jan 13 2021
EMU IP Makes Second Strong Monthly Gain in a Row; Enjoy It While You Can...
EMU industrial production rose by 2.5% in November, accelerating slightly from the 2.3% gain in October. Both months are a considerable step-up from the 0.2% gain in September. The past two-month gains put IP on a path to rise [...]
- Global| Jan 12 2021
Economy Watchers Index Has Conniptions
Japan's current economy watchers reading has plunged in December, falling to 35.5 from 45.6 in November. The index had increased monotonically from its April low until November when it slipped and now it has fallen for two months in a [...]
- Global| Jan 11 2021
Spain's IP Still Struggles to Attain Year-Ago Levels As the Virus Circulates and Mother Nature Offers New Challenges
Spain continues to reel under the effects of the coronavirus. Of the various total and sector data in the table, only intermediate goods output is back at its level of February 2020, just before the virus slammed into Europe. Among [...]
German manufacturing has all the trappings of being on the mend. Output rose by a solid 0.9% in November and is still riding a string of increases. Although output is up at a 29.5% annual rate over three months and at a 40.9% pace [...]
- Global| Jan 07 2021
EU Indexes Show a Net Gain for December But Mixed Trends
The comprehensive EU indexes for December echo some of the recent findings of the Markit indexes for manufacturing and services. We see in the EU framework that the overall index rises month-to-month to 90.4 in December from 87.7 in [...]
- Global| Jan 06 2021
Composite PMIs Remain Weak But Mostly Improve Modestly; A Very Different Story from the Composite PMIs
Service sectors struggle In sharp contrast to the ebullient manufacturing PMIs released yesterday, the services sector readings are weak globally driving the composite PMI measures to extremely weak readings. The average queue [...]
- Global| Jan 05 2021
Despite Spreading Covid-19, Global MFG PMIs Advance Strongly; But Beware the Future!
The graphic of the largest global economic regions shows that a powerful expansion is still in place in December. This is despite a spreading Covid-19 and a situation where lockdowns have intensified. But the impact of these lockdowns [...]
- Global| Jan 04 2021
Asian PMIs Rebound
Early reporting Asia economies show that manufacturing PMIs are recovering. In December, the seven early reporters show only Malaysia with a PMI gauge below 50 indicating manufacturing sector contraction. And Malaysia at 49.1 has a [...]
- Global| Dec 31 2020
China's Manufacturing PMI Crests at Weak PMI Level
China's manufacturing PMI backtracked slightly in December, falling to 51.9 after reaching 52.1 in November. It is still above its October level. However, at a level below 52, the indicator is signaling a still very modest [...]
- Global| Dec 30 2020
Sporadic European PPI Data Show Some Inflation
European inflation trends are showing some life, but it is still not much life. It is sporadic and seems to be driven mostly by the oil price cycle, a cycle that is still not looking so good into 2021 so there is probably not much to [...]
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