Euro-Zone money supply growth has steadied in the 4% to 5% range, slightly above its pace in the previous couple of years. Real money balances are rising a bit faster too in the range of 2.5% to almost 4%, up from one to one-point [...]
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| Apr 26 2013e-Zone Credit Contracts: Has Monetary Policy Met its Match?
- Global| Apr 25 2013
German IFO reading drops
The details for the German IFO index show that in terms of current conditions deceleration is rampant across all sectors of the German economy except for retailing. The German retailing sector index edged higher from 5.8 in March to a [...]
- Global| Apr 24 2013
German IFO reading drops
The IFO index, a survey of the German economy, fell sharply from a +6 reading in March to a reading of 1.5 in April. While a small positive number, the 1.5 reading stands in the 66.7 percentile or the top third of its historic range. [...]
- Global| Apr 23 2013
e-Zone PMIs Remain Under Pressure
The euro-zone's private sector economy remains under pressure in April. The manufacturing PMI index fell slightly to 46.48 in April from 46.75 in March. At this level the manufacturing index historically has been weaker only about [...]
- Global| Apr 22 2013
Retail Sales Remain Weak in Zone; G-20 Remains Weak in the Knees
Retail sales growth in the Eurozone contracted in February after rising in January and dropping in December. Over three months, retail sales are contracting but they are contracting at a slower rate than they had been over six months. [...]
- Global| Apr 19 2013
Italian Orders Erode Along With Governmental Prospects
Industrial orders in Italy fell by 2.5% in February adding to a string of declines that extends back over four months. The declines over the recent two months are steeper than the declines over the previous two months. Foreign orders [...]
- Global| Apr 18 2013
EMU Inflation Stabilizes at 2.4% - but the Devil is in the Details
Unemployment remains high in the European Monetary Union. As of February the rate is 12% the same as in January both figures are up from December's 11.8%. In the EU unemployment rates have snaked up to 10.9% from 10.8% in January and [...]
- Global| Apr 17 2013
Europe's Car Registrations Show Faint Pulse
European car registrations continue to be very weak. Short term trends show some lift. But year-over-year trends are lower by 10.3%. The smoothed, 3-month average trend shows a drop of nearly 12% over 12-months and shows less [...]
- Global| Apr 15 2013
EMU Surplus Improves on Weak Imports
In the European monetary union for the month of February the merchandise trade balance improved sharply. Exports in the month edged higher rising by 0.1%. The driving factor for the trade improvement was the decline in imports. [...]
- Global| Apr 11 2013
EMU Inflation is Headed Lower
With most of the European monetary union's first 12 members having reported we can assess inflation in the zone. Of the 10 reporting countries in the table only three have inflation at or above the ECB's ceiling rate of 2%. That would [...]
- Global| Apr 10 2013
OECD LEIs swing higher- will it continue?
The OECD's leading economic indicators show ongoing improvement among the major industrial economies. United States, Japan, and China, in particular, show significant upward movements in February from their January readings. Those [...]
- Global| Apr 09 2013
German Trade Surplus Widens
Germany's trade surplus continues to widen as growth in the European Community continues to struggle. In February both German exports and imports fell. German exports declined by 1.5% while imports fell by 3.8%. Trends for both [...]
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