The German PPI (ex-construction) fell by 0.2% in April, returning to its declining ways after a flat performance in March. PPI declines are still in force even as oil prices are rising strongly. Brent rose by 18% in March and by an [...]
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 20 2016German PPI Drops with Upward Pressure Mounting and a Mixed Future
- Global| May 19 2016
U.K. Retail Sales Snap Back
U.K. retail sales snapped back in April, rising by 0.9% after falling by 0.7% in March. However, over three months, sales are still falling at a 2.6% annual rate, a clear deceleration from their steady nominal path of 1.2% or so over [...]
- Global| May 18 2016
Here We Go Again...EMU Inflation Trends Head Lower
EMU headline prices fell by 0.2% year-on-year. Core inflation registered a gain below 1% at 0.8%, and the trends for inflation are largely lower. Has the monetary game changed or is it the same-old same-old game that the ECB has [...]
- Global| May 17 2016
Euro Area Trade Flows Implode! Egad!
Are EMU exports and imports the brothers Grim? It's a grim picture that trade has painted in this month's EMU trade report. Yes, for the EMU, the result is `positive' as the trade surplus is getting even larger. At 22.3 billion euros, [...]
- Global| May 16 2016
Japan's Retail Trends Remain Weak
Japan's retail sales rose by a seasonally adjusted 1.5% in March as NSA nominal sales fell sharply. Seasonally adjusted sales are falling fast over three months and six months as well as declining over 12 months. The speed of the [...]
- Global| May 13 2016
Euro Area GDP Growth Takes Slight Downward Revision
Euro area GDP was revised down from a quarterly gain of 0.6% to a gain of 0.5%. The annualized rise is presented in the table at 2.1%. We also show year-over-year results for the last four quarters. The final column ranks each unit's [...]
- Global| May 12 2016
Euro Area IP Falls for the Second Month in a Row
EMU economic data continues to show spotty results. Industrial production for the euro area in March is now tabulated, showing a drop of 0.8%. Output is still higher in the quarter even after two straight months of IP declines because [...]
- Global| May 11 2016
U.K. IP Is Wobbly
U.K. manufacturing industrial production rose by 0.1% in March as it fell at a 2% annual rate in Q1 2016. IP gained in March wholly on the back of capital equipment as consumer durables and nondurables output fell and intermediate [...]
- Global| May 10 2016
German Exports Rebound and German Trade Strains EMU
The German trade surplus has moved sharply higher in March (on data back to 1996, the surplus never before been this large). Exports are up by 1.9% in the month and steadily accelerating to an 11.7% rate of growth over three months [...]
- Global| May 09 2016
German Orders Recover But Go Both North and South by Origin
German orders rose by 1.9% in March, their strongest gain since June of last year. But the gain came on a 4.3% spurt in foreign orders which only rebounded from a 2.1% drop in February. Domestic orders fell by 1.2% in March. And there [...]
- Global| May 06 2016
Japan's PMI Indices Show Widespread Contraction in April
Japan's services sector crossed over to the dark side, showing a reading below 50 in April to join the manufacturing sector's already weak reading. The manufacturing gauge has a 48.2 reading, having been below 50 (showing contraction) [...]
- Global| May 05 2016
U.K. Economy Shows Weakness All Around
U.K. sector PMIs continue to lose momentum as the date for the Brexit vote looms. There is no way to connect the dots and blame the weakening on fears over Brexit, however. In Europe, the EMU PMIs have stepped down but have since [...]
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