Japan's industrial production gained 2.7% in June after an 8.9% fall in May and a bigger drop in April. While the various growth rates over different tenors (see Chart) are slowing over more recent horizons, there is no reversal in [...]
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| Jul 31 2020
Japan's IP Rebounds
Global| Jul 30 2020
EU Sentiment Indexes Continue Their Rebound
The European Commission economic sentiment gauge for the EMU improved again in July, rising to 82.3 from June’s 75.8. However, it still has a queue standing in its 7.8 percentile, marking it as lower than this less 8% of the time. The [...]
Global| Jul 29 2020
French Household Confidence Eases Unexpectedly
French household confidence according to the survey from INSEE slipped to 94.1 in July from 96.3 in June instead of advancing as expected. At this reading, household confidence has as queue standing in its 41.6 percentile, below its [...]
Global| Jul 28 2020
U.K. Retail Mounts a Comeback But It Has Its Limitations
The CBI U.K. retail sales survey moved sharply higher to the still weak reading of +4 in July, rising from the -37 reading logged in June after an abysmal -50 reading in May. At least the CBI survey has climbed back to positive [...]
Global| Jul 27 2020
German IFO Gauge Improves; Expectations Improvement Paves the Way Ahead
The German IFO diffusion index moved up to -7.5 in July from -17.1 in June. The queue standings of the index since 1991 is at its 34.6 percentile; since 2016 it is lower at its 7.3 percentile. On either historic comparison, it is a [...]
Global| Jul 24 2020
EMU PMIs Get a Leg Up on Growth As the Service Sector Sparkles
The PMI data for selected Europe and the U.S. join the already released PMI data for Japan in July. Results in July exceed expectations. EMU, German, French and U.K. composite PMIs all tipped over the 50 mark, indicating private [...]
Global| Jul 23 2020
German Confidence Makes Another Sharp Gain
The GfK consumer confidence index that projects German confidence for the month ahead is up by 9.1 points in August, the second strongest gain in its 223-month history. The strongest gain came last month at 9.2 points. After dropping [...]
Global| Jul 22 2020
Japan's PMIs Make Partial Recovery
Japan's composite PMI move sharply higher in July but still stopped short of the key 50 mark that represents output neutrality. While the composite index is up in July at 43.9, the index still points to private sector growth [...]
Global| Jul 22 2020
Japan’s PMIs make partial recovery
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Global| Jul 22 2020
Japan's PMIs Make Partial and Weak Recovery
Japan's composite PMI moved higher in July but still stopped short of the key 50 mark that represents output neutrality. While the composite index is up in July at 43.9 from 40.8 in June, the index still points to private sector [...]
Global| Jul 21 2020
Japan's CPI Snakes Sideways
Japan's inflation continues to be moderate. The June result brought the first month-to-month gain in the headline since December. The first five months of the year produced inflation headlines that were either unchanged or lower [...]
Global| Jul 20 2020
Japan's Trade Deficit Lingers
Japan's trade deficit lingers as trade flows continue to implode and fall at ever faster rates over shorter horizons- from 12-months to six-months to three-months. In June, exports logged only their fourth increase in the last 14 [...]
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