Japan's IP surged in January gaining 4.3% compared to December; that breaks a two-month slide in output. Total industry output is still lower by 1.4% over 12 months. The robust gain gets the new quarter off to a strong start with [...]
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| Feb 26 2021Japan's Industrial Sector Mounts a Comeback
Global| Feb 25 2021EU Commission Indexes Coalesce Well Short of Normalcy
The EU Commission Index for the EMU shows an improvement to 93.4 in February from 91.5 in January putting the index back on the rise after a month in which the index fell. Ranking the current value on the index in a queue of its [...]
Global| Feb 24 2021French Sectors Show Minor Recovery from Pre-Covid19 Levels
French industry climate improved in February by a modest 1.4 points. It remains 3.5 points below its February 2020 (Pre-Covid19) level. After improving for two months in a row, the services index fell in February and now stands below [...]
Global| Feb 23 2021EMU HICP Makes First Year-on-Year Rise since July
The EMU headline rose by 0.8% in January, its first year-on-year gain in six months (July 2020). Inflation in the euro area is clearly accelerating with the 12-month pace at 0.8%, the six-month pace at 2% and the three-month pace up [...]
Global| Feb 22 2021German IFO Remains Weak But Improves
The German IFO comprehensive business survey saw its all-sector climate index rise to 5.3 in February from -0.3 in January. The current conditions index improved to 6.5 in February from 3.2 in January. Expectations also improved to [...]
Global| Feb 19 2021Flash PMIs Largely Improve But Contractions Linger
PMI values largely improved in February. Yet, for many countries as well as for the EMU, economic contraction remains in place. Germany and the United States are exceptions with each showing PMI values above 50; the U.S. is showing [...]
Global| Feb 18 2021Belgian Confidence Ticks Higher
While Belgian confidence ticked higher in February, it remains with a net negative reading and is still largely exceeded by all previous values from 2013 forward. Evaluated versus data since 1991, the Belgian confidence headline [...]
Global| Feb 17 2021European Car Registrations Weaken Sharply
Passenger car registrations fell sharply across Europe in January. France logged the smallest fall on the monthly drop of just 1.5% while Spain at -54.7% took the largest month-to-month hit. The pace of sales in January in Europe is [...]
Global| Feb 16 2021ZEW Assessments Step Up in February Despite the Virus
The ZEW financial experts have regained their optimism in February. Despite a spreading virus and lockdowns (just ending in Germany) and new variants of the virus (some of which spread faster and more lethal and some of which are [...]
Global| Feb 12 2021U.K. IP Fights Off Effects of Brexit and Corona
U.K. IP is fighting off two devastating blows. One is the transition to Brexit that is proving to be less seamless than Boris Johnson led many to believe. The other is the virus that exploded across the U.K. in December. Yet, [...]
Global| Feb 11 2021Unemployment Steadies in EMU
Covid-19 has turned the labor market upside down and inside out by jettisoning some of the basic rules on which labor markets operate. Governments have taken on such a large role in the labor market that it is hard to tell sometimes [...]
Global| Feb 10 2021French and Italian IP Both Decline in December
Because of the way the calendar flows across the Covid-19 infection cycle, most EMU and most economies in the world show the same patterns for IP and for growth in general over 12 months, six months and three months. Italy and France [...]
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