The year-on-year PPI for the EMU was lower in January as the pace dropped to a 1.5% year-over-year gain from 2.2% previously. Compared to the year-on-year pace of one year ago inflation decelerated to a 1.5% gain from 3.9%. And on [...]
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| Mar 02 2018Euro Area PPI Year-on-Year Pace Drops to 1.5% from 2.2%
- Global| Mar 01 2018
EMU Unemployment Rates
Unemployment rates continues to fall in the EMU. The EMU rate itself is at 8.6% in January and in December 2017 which was revised lower. The EMU wide unemployment rate is the lowest since December 2008. Of the eleven original EMU [...]
- Global| Feb 28 2018
Japan's IP Tanks, Housing Starts Plunge and Retail Sales Drop...What's Next?
Japan had more than a bad hair day as economic reports showed helter-skelter weakness. Industrial output in January fell by 6.6%, an astoundingly weak one month result. Retail sales fell by 1.2% in January. Housing starts in Japan [...]
- Global| Feb 27 2018
Global Monetary Center Action: Money Supply Growth Is Slowing
Money supply growth globally is slowing down in the main monetary center countries. The EMU is only barely an exception to this, but if we look at the growth of real money balances, the EMU is also experiencing a slowdown. While there [...]
- Global| Feb 26 2018
U.K. CBI Service Sector Survey Stays Mixed But Is Reversed for Q1
The changes in the assessments of consumers and business & professionals' optimism have moved together over recent periods as the chart shows. But over the long haul, the assessments of business prospects have a correlation of only [...]
- Global| Feb 23 2018
Inflation Trends in EMU...NOT Cooperating
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? [...]
- 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 [...]
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