The economic situation in December is assessed as mixed by the ZEW experts with two regions (the EMU and France) deemed stronger and the rest weaker. Economic expectations are firmer across the board, however. Inflation is seen as [...]
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| Dec 08 2020ZEW Assessments Are Mixed in December with Expectations on the Mend
- Global| Dec 07 2020
German IP Continues to Snap Back
Germany's industrial production gained 3.2% in October after a 2.3% rise in September to put together two strong months of results. Sequential growth rates show IP up at very strong rates of change over both three months and six [...]
- Global| Dec 04 2020
German Orders Continue Their Hot Streak
German orders (presented in real terms) have risen month-to-month for six months in a row and now for the first time in that stretch orders also are higher on balance over 12 months. Orders were last higher over 12 months back in [...]
- Global| Dec 03 2020
Total PMIs Show the Impact of the Return of the Virus
When the virus goes viral Once again anti-virus policies have hammered the global economy. China is the only exception. The ranking column is the starkest reminder of how the service sector is pressured. Only China where the virus [...]
- Global| Dec 02 2020
EMU Unemployment Rate Ticks Lower
The number of unemployed in the EMU continues to fall and this month that drop was enough to move the rate of unemployment lower as well. The EMU-wide unemployment rate fell to 8.4% in October from 8.5% in September. The EMU [...]
- Global| Dec 01 2020
Manufacturing PMIs Continue to Move Higher But the Virus Spreads
The manufacturing PMIs show that improvement vs. deterioration trends month-to-month are pretty even for November with nine reporters lower, eight higher and one unchanged (Mexico, by assumption, using October's data for November to [...]
- Global| Nov 30 2020
China's Manufacturing PMI Pushes Higher
China's manufacturing PMI moved up to a reading of 52.1 in November from 51.4 in October after posing readings in the 51 area for four months in a row. The break-out gain is the highest reading since September 2017. The index has not [...]
- Global| Nov 27 2020
Italy's ISAE Sector Confidence Rebounds Then Retreats
The Italian business and consumer confidence readings are excellent examples of what much of Europe is going through right now. Italian confidence was hard-hit on the encroaching virus early in the year. It then snapped back sharply [...]
- Global| Nov 25 2020
Japan's Employment Makes Partial Recovery
With a third wave of infection coursing its way through Japan's economy, the labor market continues to make some progress. Japan's infections peaked in April, August, and now, again, in November. The new case count has soared to an [...]
- Global| Nov 24 2020
IFO Outlook Loses Momentum
The IFO climate index rose to a net value of 1.2 in November from 1.1 in October as current conditions weakened to a net of 5.1 form 5.9 and expectations weakened sharply to -8.1 from -1.4. As the virus impacts Germany, the current [...]
- Global| Nov 23 2020
PMIs Bend lower in EMU on Covid-19 Actions; Service Sector Has Been Hammered; Manufacturing Is Blunted
The European/U.S. Divide It can be lost on no one that economies in Europe, the U.K., and even Japan are being beaten back by the Covid-19 virus and actions to contain it, while the U.S. seems to skate by unscathed. Ranked against the [...]
- Global| Nov 20 2020
U.K. Retail Sales Rebound Strongly; Deck the Halls! Or Dock the Enthusiasm?
U.K. retail sales have rebounded strongly in October, rising by 1.4% after a 1.2% gain in September. Retail sales in the U.K. are higher on all three horizons: 12 months, six months and three months. Over the recent three months, [...]
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