Trade flows are still depressed compared to what they previously were doing. Year-over-year exports and imports are contracting at about a 10% or so pace while previous to the recession export and import growth rates had been in a [...]
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| Sep 16 2020EMU Surplus Grows As Exports Rise Strongly
- Global| Sep 15 2020
ZEW Macro-expectations Reach for the Sky
Meanwhile, back on earth, conditions remain weak and mixed ZEW expectations rose in September in five of the six countries surveyed; the United Kingdom was the exception. Current conditions improved everywhere up and down the line but [...]
- Global| Sep 14 2020
EMU IP Continues Its Strong Rebound...Can It Continue?
There are at least two stories on how to look at the evolution of IP in the EMU. One is to note the sharp ongoing rebound that is clearly depicted in the table as well as in the chart. The other is to note how, despite this recent [...]
- Global| Sep 11 2020
German Inflation Stays Down
Inflation is remaining low globally in the wake of the coronavirus-induced recession. The one exception is that oil prices have flared but now they also are turning lower as the initial recovery spurt in growth is giving way to more [...]
- Global| Sep 10 2020
French and Italian IP Show Common Threads: VIRUS!!
Europe's September 10 Covid-19 update has France and Italy both 'in the Mix': 4,006,374 cases; the five countries reporting most cases are Russia (1,035,789), Spain (543,379), United Kingdom (355,219), France (344,101) and Italy [...]
- Global| Sep 09 2020
Dutch IP Continues to Claw-Back Lost Ground As Covid-19 Strikes Again
Dutch PMI and manufacturing IP are in lock-step Dutch production continued its rebound in July, rising by 1.7% (excluding construction) after a 0.6% gain in June. This two month ‘string’ of increases goes only part way to effect a [...]
- Global| Sep 08 2020
Japan's Economy Watchers Index Ticks Higher
Setting aside the numbers that are so much more precise, a look at the graphics tells the clear story of the economy watchers index and its gauge of the future. Japan was hit hard by the virus; after a plunge the economy watchers [...]
- Global| Sep 04 2020
German Orders Slow Sharply
German orders rose by 2.8% in July but are still lower over 12 months by 7.1%. This is a sharp slowing from the 28.8% one-month jump orders made in June. Both foreign and domestic orders slowed in July. Foreign orders rose by a still- [...]
- Global| Sep 03 2020
Global PMIs Tell a Story of Slowing Growth in August
The unweighted average and median composite PMIs across 22 global economies both eased slightly lower in August, but both measures stayed above 50 showing ongoing expansion. However, with the average at 50.9 and the median at 51.2, [...]
- Global| Sep 02 2020
German Retail Sales Unexpectedly Slip
Germany's retail sales slipped in July falling by 0.3% despite substantial government efforts to support growth and consumer spending. Some had the hoped that with stimulus Germany might become a bit of a locomotive for European [...]
- Global| Sep 01 2020
A Potpourri of Problems; Has the Worm Turned? If So, in Whose Apple?
Many analysts think stock markets are walking on glass or eggshells, but they act like they are walking on sunshine. Alan Greenspan, former U.S. Federal Reserve Chairman's best-remembered remark about the U.S. stock market was his [...]
- Global| Sep 01 2020
A Potpourri of Problems; Has the Worm Turned? If So, in Whose Apple?
Many analysts think stock markets are walking on glass or eggshells, but they act like they are walking on sunshine. Alan Greenspan, former U.S. Federal Reserve Chairman's best-remembered remark about the U.S. stock market was his [...]
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