European Monetary Union inflation rose by 0.1% in December after rising at the same pace in November. In October inflation fell by 0.2%. Inflation in the euro zone is both subdued and decelerating. This early in the process we don't [...]
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 15 2014EMU Inflation Hugs the Lower Bound
- Global| Jan 14 2014
IP Is Recovering
Manufacturing industrial production in the euro area spurted by 1.9% in November, offsetting two straight months of declines in October and September. Growth rates show acceleration from a 3.2% year-over-year rate to rates of 4.3% [...]
- Global| Jan 13 2014
OECD LEIs Largely Point Higher
The OECD leading economic indicators continue to show progress. Even in China there is some increase in the indicator for November although China is a case of lingering weakness compared to most of the other countries in the sample. [...]
- Global| Jan 10 2014
Volatility Aside EMU IP Is Recovering
A number of European countries now have reported industrial production in the outturn appears to show relatively widespread improvement. If we look at the 12-month gains of the eight EMU members in the table and the three non-members, [...]
- Global| Jan 09 2014
German IP Is on the Mend
Industrial production in Germany rose by 1.9% in November. This rise reflects a reversal from the decline in October from the drop in September. Over three months industrial production in Germany is now flat; it is rising by 5.4% at [...]
- Global| Jan 08 2014
German Orders Surge Back But Domestic Orders Lag
German orders rose by 2.1% in November, rebounding from a 2.1% drop in October. The headline trend shows solid growth with three-month growth at a 12.7% annual rate, up from a 6.2% annual rate over six-months and a 6.8% annual rate [...]
- Global| Jan 07 2014
French Households Continue to Struggle
The INSEE French household indicator rose to 85 in December from 84 in November. The reading is the same as its three-month average, its six-month average and only one point above its 12-month average. Consumer confidence in France is [...]
- Global| Jan 06 2014
Manufacturing PMIs Rise Globally
The Markit purchasing data for EMU has been finalized as the final numbers confirm an upswing underway in the European Monetary Union. For the whole area itself, we see a clear progression of improvement as the 12-month average for [...]
- Global| Jan 03 2014
Global Money Growth Stabilizes But EMU Credit Growth Lags
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 [...]
- 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 [...]
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