I know that I have created some dissonance here. The title says that inflation trends are not cooperating, but the chart clearly shows inflation is falling more places than where it is rising. So what is 'not cooperating' about that? [...]
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| Feb 23 2018Inflation Trends in EMU...NOT Cooperating
- Global| Feb 22 2018
German and French Sector Confidence Slip
Business climate in Germany, as measured by the IFO index, has been on the rise, but it suffered a setback in February. Similarly, the French INSEE survey for manufacturing and for services has been on the rise, but each of these [...]
- Global| Feb 21 2018
Europe's Composite PMI Pullback
European PMIs pulled back in February. The services PMI pullback was relatively strong. Still, for the EMU, Germany and France, the moving average values of the PMIs overall as well as the sector indexes continue to advance. The [...]
- Global| Feb 20 2018
ZEW Growth Assessments Begin to Stabilize
The German ZEW economic expectations index fell to 17.8 in February from 20.4 in January. The current index fell to 92.3 from January's 95.2. The current index is this high or higher only 0.9% of the time. The expectations index is [...]
- Global| Feb 16 2018
U.K. Retail Sales Slip Again
U.K. retail sales growth rates have been slipping steadily since late 2016. As the U.K. gets closer to the Brexit action point, it loses more business, more jobs and more confidence. As one of the new strategies, Britain will try to [...]
- Global| Feb 15 2018
EMU Trade Balance Logs Larger Surplus
In December, EMU exports rose by a strong 1.7% as imports gained 0.9% with the net result of driving the euro area trade surplus even higher. The surplus is the third highest of all time for the euro area at a time that U.S. President [...]
- Global| Feb 14 2018
As Growth Ramps Up, Can Inflation Be Far Behind? Yes, It Can...
EMU GDP decelerated in Q4 2017 with growth tailing to a 2.4% compounded annual rate, compared to 2.9% in Q3 2017. The year-on-year pace of GDP growth is still quite solid as it decelerated by only a tick to 2.7% in Q4 from 2.8% in Q3 [...]
- Global| Feb 13 2018
Dutch Retail Sales Lose Traction As Economic Transition Looms
Dutch retail sales are volatile, but the series on retail sales has always had a high degree of volatility. Still, even by these standards, Dutch retail sales are volatile. The six-month volatility in sales is the highest it is been [...]
- Global| Feb 12 2018
Irish Confidence Hits 17-Year High
Irish consumer confidence is at a 17-year high. That puts it more or less in the same league as the reading for the overall EMU area in terms of its relative strength. For Ireland the current index (with a history back to 1996) has [...]
- Global| Feb 09 2018
U.K. Manufacturing Breadth and Strength Are Moving Together
U.K. output advanced again in December, marking six straight months in which manufacturing IP has risen month-over-month. Manufacturing output is sold at a gain of 3.5% over three months; it is not as strong as it is over six months [...]
- Global| Feb 08 2018
French Survey Hits an Air Pocket
The Bank of France uses its survey to sort out its expectations for growth in the current quarter. At a level of 104.7 in January, the BoF business survey index is at its weakest level since June 2017. The BoF now thinks that this [...]
- Global| Feb 07 2018
German IP Backs Down But Still Logs a Solid Growth Profile
Despite falling in two of the last three months, Germany's industrial production is still advancing at 5% annual rate over those same three months. That growth rate indicates a very slight slowing trend for German IP which is up by [...]
- of355Go to 134 page