Money supply growth in EMU, the US, Japan and the UK has mostly stabilized. Year-over-year money growth ranges from 2.9% in EMU to 6.1% in the US. Over three months, money growth rates are generally little changed or higher than their [...]
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| Jan 03 2014Global Money Growth Stabilizes But EMU Credit Growth Lags
- Global| Jan 03 2014
Money Growth Trends Show Some Life Except in Japan
Year-over-year trends in nominal money growth show some improvement in the US, in EMU and even in the UK. But in Japan money growth is low and has even decelerated mildly. In the UK money growth is still contracting but the pace of [...]
- Global| Jan 02 2014
EMU PMIs Push Higher Except For France
The overall EMU PMI rose in December by better than one point to a solid 52.68. Being above 50 in the PMI framework means that output is expanding and with the gain in December it is expanding faster than in November. The queue [...]
- Global| Dec 31 2013
2014: An Upswing At Last?
This is my last research report of 2013. In it I look ahead to 2014. The chart and table in this report provide a basis for thinking of the trends that are set in place as 2013 ends and projecting them into the year ahead. We have [...]
- Global| Dec 30 2013
Spain's Retail Sales Snap Back
There have only been a few months of sales increases. But Spain's retail sales are advancing and that is good news since sales have been falling year over year since 2007- almost without exception. Retail sales are up monthly for the [...]
- Global| Dec 27 2013
French PPI Components Are Mixed
As we wonder how much strength is built in the European Monetary Union, France is showing some rebound in PPI prices in November. However, price trends in France do not give us a clear picture of activity trends. Such associations are [...]
- Global| Dec 26 2013
South Korean Confidence Continues Its Slow Progress in December
Korean consumer confidence continues to show progress. While the overall index flattened at 107 this month, it held the jump to 107 that it made in November from 106 in October. The rate of growth in overall sentiment at 3.9% (SAAR) [...]
- Global| Dec 23 2013
Consumer Confidence Hits the Skids in Italy
After a long hard run to higher confidence readings peaking at 100.7 in September 2013, Italy's consumer confidence has been eroding again. Confidence in Italy was last lower in February 2013, but in that month it was also much lower. [...]
- Global| Dec 20 2013
Germany Confidence Plows Ahead
The German GfK consumer climate index has simply continued to expand. The index rise dates back to 2008 and it has risen from that point with only minor interruptions despite some real turbulence in the euro zone since the economic [...]
- Global| Dec 13 2013
Japan's IP Advances in October
Japan's industrial output rose by 1% in October, beating expectations. Output in Japan cratered in early 2012; it has been gradually advancing since then. The year-over-year growth rate of 5.3% is the highest since May 2012. Japan has [...]
- Global| Dec 12 2013
EMU IP Sags in October
While EMU industrial production is off in October, it still has eked out a small gain over 12-months. Its gains continue to lag behind those of industrial output in the US, but both the US and EMU IP trajectories appear to be headed [...]
- Global| Dec 11 2013
Germany Is a High Inflation Country in EMU! But for How Long?
German inflation remains subdued despite a headline gain of 0.4% in November. Year-over-year the German HICP is up by 1.6% and its growth rate is only a touch greater over three-months and six-months. The diffusion calculation on the [...]
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