China's manufacturing PMI gained ground at a snail's pace recovering the minor ground lost in May. China's manufacturing PMI has been above 50 every month this year except for February when the virus outbreak led to a shutdown in [...]
Introducing
Robert Brusca
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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| Jun 30 2020China's Manufacturing PMI Shows Resilience But Not a Hint of Strength
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- Global| Jun 30 2020
China’s Manufacturing PMI Shows Resilience But Not a Hint of Strength
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- Global| Jun 29 2020
EMU Sentiment Rises and Sectors Improve
The EMU indexes made sharp rebounds in June but are still weak in their respective historic queues of values. Construction has been the relative strongest sector at its 62.1 percentile and nothing else quite close to that. The next [...]
- Global| Jun 26 2020
EMU Money and Credit Finally Accelerate But So Does Corona...
Stimulus polices in the EMU have finally taken hold among financial variables and both money and credit measures are growing faster- much faster. Will actual economic stimulus result from this? EMU money supply (M2) has progressed [...]
- Global| Jun 25 2020
U.K. Retailing Continues to Reel Along with Global Prospects
In June, U.K. current sales metrics improved across the board. However, expectations for July largely worsened or held to extremely weak readings. These data on trend couple with new information on the virus accelerating its presence [...]
- Global| Jun 25 2020
U.K. Retailing Continues to Reel Along with Global Prospects
In June, U.K. current sales metrics improved across the board. However, expectations for July largely worsened or held to extremely weak readings. These data on trend couple with new information on the virus accelerating its presence [...]
- Global| Jun 24 2020
French Surveys Rebound
The graphics tell the story clearly enough. French industry and services indexes plunged and have since seen a substantial rebound. But even a substantial rebound leaves the levels of the indexes shy of where they had been – and by a [...]
- Global| Jun 24 2020
French Surveys Rebound
The graphics tell the story clearly enough. French industry and services indexes plunged and have since seen a substantial rebound. But even a substantial rebound leaves the levels of the indexes shy of where they had been – and by a [...]
- Global| Jun 23 2020
PMIs Show Global Gains Even As Japan's Manufacturing Lags
The global recovery is gaining momentum just about everywhere – at least among these G-7 members, as the table below demonstrates. The lone exception is Japan where manufacturing actually worsened on the month. Everywhere else [...]
- Global| Jun 22 2020
U.K. Industrial Survey Shows Vague Hope
The U.K. CBI survey responses are still weak in June. Total orders are stronger than their May vales but slightly weaker than their April value. But export orders continue to fall and they are still falling hard. Export diffusion [...]
- Global| Jun 19 2020
U.K. Retail Sales Rebound Sharply in May
The U.K. is being clobbered by the lockdown designed to stop the spread of the coronavirus. Sales fell by 6% in March and by 18.8% in April but have rebound smartly by 11.7% in May. The growth rates in real terms are similar in [...]
- Global| Jun 18 2020
BOE Agents' Survey Remains Very Weak
The Bank of England Agents’ Survey is an aid to the BOE for policymaking. The survey is a series of judgmental responses that are scored on a scale from +5 to -5. A simple weighting of the responses shows this to be the weakest survey [...]
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