The table suggests that the operative word for the ZEW survey this month is 'stronger.' Readings improved in 34 of 35 non-foreign exchange related categories that assess macroeconomic conditions, markets and inflation. In fact, 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| Mar 16 2021ZEW Expectations Continue to Climb
- Global| Mar 15 2021
Japan's Service Sector Contracts for the Third Month in a Row and Japan Orders Fall in January
Compare current activity to one year ago Japan continues to have a slow rollout out from under the effects of the coronavirus. The far-right hand column of the table looks at the percentage change in each measure in the table on its [...]
- Global| Mar 12 2021
German HICP Runs Flat as Year-on-Year Gain Steadies at 1.6%
The German HICP was flat in February as the core fell by 0.1%. The German CPI went its own way rising by 0.4% in February with the core up by 0.2% month-to-month. The annual data show the HICP up by 1.6% with the core up by 1.7% while [...]
- Global| Mar 11 2021
Euro Area Manufacturing Is in Recovery Mode
Twelve of the earliest EMU members had reported IP for January. Only three of them showed a decline in January output month-to-month (Germany, Spain and Portugal). Sweden, a non-EMU country, also had an output decline. In December [...]
- Global| Mar 10 2021
PPI in EMU Begins to Stir- Still Restrained
Oil prices are leading inflation higher in the EMU as well a globally. Oil and other commodities are gaining pace as growth looks to be more established, as virus-fighting seems to be more effective, as vaccination progresses on a [...]
- Global| Mar 09 2021
OECD LEI Ticks Higher for the Eighth Straight Month of Gains
The OECD LEI continues to claw its way to higher ground. It has now risen month-to-month for eight months in a row. The LEI rose by one tick in February, by two ticks in January, and by one tick in December. While this is a steady [...]
- Global| Mar 08 2021
Economy Watchers Index Improves as Outlook Spurts
The economy watchers current index improved smartly to 41.3 in February from 31.2 in January as the outlook index jumped to 51.3 from 39.9. The outlook index (above a raw score of 50 in diffusion terms) now has more optimism than [...]
- Global| Mar 05 2021
German Order Growth Gets Back in Gear Despite the Headwinds
German order growth is back in gear with total orders rising by 1.4% month-to-month in January. The gain, however, is generated wholly by foreign orders that surged by 4.2% in January after dropping by 3.1% month-to-month in December. [...]
- Global| Mar 04 2021
EMU Unemployment Rate Steadies in January
The overall EMU unemployment rate was steady in January, off peak, but still elevated. In January of the early members, nine have reported unemployment rates for January. Of those nine, four of them have lower unemployment rates. [...]
- Global| Mar 03 2021
Global PMIs Show Ongoing Struggle with Growth
While manufacturing climbs higher, the services sector remains stuck and nearly unresponsive to stimulus efforts. However, the global services sector did pick up in February rising to 52.8 from 51.6 in January. Emerging markets barely [...]
- Global| Mar 02 2021
Post Covid-19 Turbulence Rocks and Weakens German Retail Sales
German and other European retail sales have been put through a sort of test of fire in the wake of the covid-19 virus arrival and its various episodes of spreading. As an example, even in the U.S. where now over 20% of the population [...]
- Global| Mar 01 2021
Manufacturing PMIs Are Strengthening More in the Developed World
PMIs largely are improving in February with declines in only six and increases in eight (excluding France and Germany who already are counted in the EMU). The unweighted average for February rose for the overall group (excluding [...]
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