The look-ahead view for German confidence in June from GfK shows some improvement for the headline gauge and also improvement for the component measures that lag by one month. GfK climate The GfK climate gauge fell very sharply 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| May 26 2020German Confidence Improves a Bit for June: GfK
- Global| May 22 2020
U.K. Retail Sales Show Exceptional Weakness
This is just another in a series of reports that chronicles the deep impact that a lockdown has on a modern economy. The U.K. table detail shows that food, beverages & tobacco sales held up and have a near record month for sales while [...]
- Global| May 21 2020
Euro Area PMIs Rebound But Remain Severely Impacted
PMI readings rebounded in May. The sectors with the weakest April readings rose sharply in May while the strongest April readings rebounded more moderately in May. Only Japan's manufacturing sector was an exception of sorts as it [...]
- Global| May 20 2020
Euro Area Inflation Remains Low...Heads Lower
Inflation in the euro area is low and has been persistently undershooting with very few exceptions since end-2012. Over that span of over seven years, HICP inflation has averaged 1% per year. Over that same period, the core rate has [...]
- Global| May 19 2020
ZEW Experts Try on Optimism…and the World View Is Bifurcated
Stock markets and ZEW experts have something in common but much less in common with the Dr. 'Faucis' and U.S. Democratic Party. ZEW experts see quite brightening expectations and stock markets have been recovering at a very rapid [...]
- Global| May 19 2020
Zew Experts Try on Optimism
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- Global| May 18 2020
Japan's GDP Comes Up Short Again; Recession Time: No Measurable Growth in Three Quarters Running
Japan has not seen a measureable percentage increase in real GDP since Q2 2019. Real GDP fell by 3.4% annualized in Q1 2020. It fell by 7.3% in Q4 2019 and it was flat in percentage terms in Q3 2019. On those numbers, Japan is in [...]
- Global| May 15 2020
GDP across the EMU Region Takes a Deep Dive
While the chart shows the hint of GDP weakening ahead of the hit from the coronavirus, the virus clearly was a blow out of the blue. Among the nine early reporting long-standing EMU members, GDP fell everywhere except in Finland where [...]
- Global| May 14 2020
German Inflation, COVID-19 and Beyond
Inflation is under a double dose of downward diversions. The COVID-19 has knocked growth down. Slowing GDP usually is associated with some inflation weakening as demand pressures abate. However, activity has been reduced- demand and [...]
- Global| May 13 2020
EMU IP Plunges...Leave No Sector Behind
On a day that the U.K. has reported a 5.8% drop its economic activity in one month the largest ever, the EMU IP report finalizes with its own 11.3% drop in March. Manufacturing IP dropped by 12.3% in March as well. Of the Fifteen [...]
- Global| May 12 2020
OECD LEIs 'Unprecedented Collapse'
The OECD's own headline on this report flags the LEIs as showing an 'unprecedented collapse,' I have simply gone with their lede. Weakness globally stems from the nearly synchronous spread of the Coronavirus and the impact of policies [...]
- Global| May 11 2020
Record Drop in Italian IP; IP Plummets 30.6% in One Month
IP flatlines then heads straight for Dante's inferno Italy's Industrial production fell sharply in March as Europe is gripped in early-May by reopening fever. Of course, the March report on IP lags. May is 'real time' so these events [...]
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