As disappointing as this news is, it comes on a day with a more cheerful note. Germany's IFO has declared that the downward spiral in German industry is over and that it now expects stabilization and growth. That is something to look [...]
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| Dec 12 2019
EMU Area IP Sinks Again As Inflation Undershoots
Global| Dec 11 2019
Japan's PPI Ticks Higher in November Amid Curious Global Circumstances
Japan's PPI (domestic corporate goods price index) is up by 0.1% in November after an out-sized jump of 1.2% in October. Japan, despite the three-month PPI pace of a 4.8% annualized gain, does not show the trappings of momentum to [...]
Global| Dec 10 2019
ZEW Assessments and Expectations Improve But Gain Less Markedly
The ZEW global macroeconomic assessments have improved along a broad front in December following a surge of improvement in November. The improvements logged this month are more modest, but they continue the direction of change as [...]
Global| Dec 09 2019
German Trade Data Tell a Tale of Two Germanys
Germany's October trade report is better than expected. The surplus is up on the month, above its 12-month average and above its year-ago value. Exports are rising for the second month in a row and for the fifth time in six months. [...]
Global| Nov 22 2019
PMIs Remain Weak But Give Off Mixed (Up) Signals
Let's begin looking at conditions in Europe. The graph tells the over-arching story of a weakening manufacturing sector whose weakness has largely been resisted by the services sector. Sure, both services and manufacturing are in [...]
Global| Nov 21 2019
French Business Climate Is Fractionally Improved
The French business climate indicator for industry ticked higher to 99.7 in November from 99.4 in October, a marginal improvement. Since 2001, the indicator ranks just above the lower one third of its queue of observations at its 34.7 [...]
Global| Nov 20 2019
Japan's Trade Remains in Deficit
Japan is suffering the fate of an economy with strong trade ties to two countries embroiled in a trade war. Japan's largest trade partner is China and its second largest trade partner is the United States. In October, Japan's exports [...]
Global| Nov 19 2019
U.K. CBI Survey Shows Some Improvement- Still Very Weak
The Confederation of British Industry (CBI) industrial trends survey showed some improvement in the U.K industrial sector in November, but it is better to focus on where the readings stand than on how much they may have changed month- [...]
Global| Nov 18 2019
Global Inflation Trends Remain Subdued
Globally inflation trends remain subdued. In the EMU and within the EMU, inflation is low and trends are moderating and pointing lower still. The EMU headline is slightly deflating and the core is mixed. Between trends for year-to- [...]
Global| Nov 18 2019
Global Inflation Trends Remain Subdued
Globally inflation trends remain subdued. In the EMU and within the EMU, inflation is low and trends are moderating and pointing lower still. The EMU headline is slightly deflating and the core is mixed. Between trends for year-to- [...]
Global| Nov 18 2019
Global Inflation Trends Remain Subdued
Globally inflation trends remain subdued. In the EMU and within the EMU, inflation is low and trends are moderating and pointing lower still. The EMU headline is slightly deflating and the core is mixed. Between trends for year-to- [...]
Global| Nov 15 2019
EMU Trade Balance Is Hovering as Trade Flows Slow
The one point of crystal clear clarity on the issue of trade is that trade flows are slowing down. One –sometimes exception is for nonmanufacturing goods where commodity prices are playing a role rather than stronger trends in [...]
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