The UK inflation rate rose unexpectedly in August headline inflation zoomed to a 2.7% annual rate, up from 2.5% just last month. The rise in inflation was unexpected. Core inflation lags the release of headline inflation. Core [...]
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| Sep 19 2018UK Inflation Perks Up Unexpectedly
- Global| Sep 18 2018
Canadian Factory Sector Looks Solid
Canadian factory orders fell for the second month in a row in July but because of an order surge back in May the three-month growth rate continues to record a solid 6.4% rate of growth. Unfilled orders were flat in July but had risen [...]
- Global| Sep 17 2018
British Chamber of Commerce Cuts Forecasts
The British Chamber of Commerce (BCC) today announced cutting its outlook for the UK economy. It seems to be more pessimistic than it was in the second quarter when the (above) survey was conducted. At that time the various survey [...]
- Global| Sep 14 2018
EMU Trade Trends Sour
As the chart amply demonstrates the EMU trade surplus has been under pressure for some time. Since late 2016 imports have been outpacing exports on a consistent basis although the differences in the export and import growth rates have [...]
- Global| Sep 13 2018
German and EMU Inflation Behave
The German HICP is flat in August; its domestic CPI is up by 0.1% and the CPI excluding energy is flat. German inflation measured from 12-months to 6-months to 3-months shows a loss of momentum with year over year inflation at 1.9% to [...]
- Global| Sep 12 2018
EMU IP Falls Again in July and Barely Gains Year-on-Year
Industrial production trends show output slowing across all three sectors in the chart of 12-month rates of growth. Sequential growth rates from 12-months and less (table) do not show a steady deceleration but do show a legacy of [...]
- Global| Sep 11 2018
ZEW Experts Continue to Harbor Concerns
The ZEW financial experts in Germany weigh in each month on their perceptions of the state of the German economy and several other key economies or economic units. In September, ZEW experts see actual conditions as little-changed. [...]
- Global| Sep 10 2018
BOF Survey Makes Gain in August; BOF GDP Outlook Is Unchanged
The Bank of France survey shows a headline reading in August at 102.7; that is stronger than its July reading of 101. The BOF index peaked at 107.1 in December last year. It retreated sharply from its December reading to 104.3 in [...]
- Global| Sep 07 2018
German IP Slows Down
Germany's industrial production fell by 1.1% in July, dropping for the second consecutive month. Over three months, IP is advancing at a 1.1% annualized rate. Over six months, it is falling at a 2% pace. Over 12 months, it is rising [...]
- Global| Sep 06 2018
German Orders Log Surprise Drop on Trade War Fears
Germany's orders fell by 0.9% in July when they were expected to rise by twice that much. Sequentially, German order growth rates are getting progressively weaker over shorter periods of time; that sort of deceleration is never a good [...]
- Global| Sep 05 2018
EMU Retail Sales Drop in July and Risk Still Lives Here
Retail sales in the European Monetary Union (EMU) countries dropped by 0.2% in July, lowering their three-month growth rate to a 1.5% annual pace. Retail sales in the EMU are rising at just a 2.1% pace over six months and by 1.2% over [...]
- Global| Sep 04 2018
Manufacturing PMIs Go Their Own Way... at Different Speeds Too
The Markit Global manufacturing PMI data for August are in. And there is a broad manufacturing slowing in place to which the U.S. is a notable exception. Of the 17 reporting units in the table, nine show month-to-month declines. The [...]
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