The Markit PMI 'flash' readings for March show improvement and for the most part - strong improvement - all up and down the line. Japan is the sole exception with a small improvement month-to-month based on small improvements in both [...]
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 24 2021Europe's composite PMI Moves Strongly Higher-Shows Expansion Again
- Global| Mar 23 2021
U.K. CBI Survey Shows Improving Industrial Sector...Will Virus Politics Interfere?
The U.K. CBI industrial trends survey shows a sharp improvement in orders in March. The total order reading jumped to -5 from February’s -24 as its sequential averages echoed the ongoing improvement in the sector. With that jump in [...]
- Global| Mar 22 2021
Confidence in Belgium Continues to Move Up
The National Bank of Belgium consumer survey shows an improvement in confidence in March with its consumer index improving to -4 from -9 in February. The one-month, three-month and 12-month improvements are all about the same in [...]
- Global| Mar 19 2021
U.K. Consumer Confidence Rises 'Strongly' But Remains Weak
The U.K. economy has been put through the wringer with its Brexit decision and seemingly endless negotiations, a change in government and then it was sucker-punched by the coronavirus which took hold in the U.K. and then morphed into [...]
- Global| Mar 18 2021
EMU Trade Balance Erodes in January
The EMU trade balance saw its surplus erode in January, falling to €24.2bln in January from €27.5bln in December. Exports fell harder than imports to drive this result. Exports fell by 2.8% while imports fell by 1.3% (both month-to- [...]
- Global| Mar 17 2021
Passenger Car Registrations Continue to Sag in Europe
Passenger car registrations in Europe rose by 6.3% m/m in February but only after falling by 28.2% in January. Registration rose in the month in four of the five countries in the table, with France being the exception. This month’s [...]
- Global| Mar 16 2021
ZEW Expectations Continue to Climb
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 [...]
- 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 [...]
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