The EMU trade picture is somewhat unclear as both exports and imports accelerate over shorter horizons from three-months to six-months to twelve-months but each flow also sees a decline in the progression of the Yr/Yr growth rate. One [...]
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 16 2011Zone Trade Flows Show Mixed Signals But Stay Strong
- Global| May 13 2011
EMU GDP rises in 2011-Q1 As the ECB 'Rings the Bell' for Germany
Growth is mixed and mingled - The table shows 2011-Q1GDP growth by quarter (annualized) and Year-over-Year growth quarterly for a batch of early-reporting EMU countries that has announced GDP this morning. I include as references the [...]
- Global| May 11 2011
Euro-Area Inflation Led by Developments in Germany?
The German CPI is up by 0.3% in April. Headline German CPI inflation rose by 0.2%. Core CPI inflation rose by 0.3%. Broadly, these measures of German inflation continue to accelerate. Core inflation reached it low point in 2009 began [...]
- Global| May 10 2011
IP Growth Settles Lower, For Some Faster Than For Others
Italy and France continue to see their IP trends go more or less the same way as the end game of the economic recovery plays out. Recovery continues but with a differing flavor in the two countries. It is normal for economic recovery, [...]
- Global| May 09 2011
OECD LEIs
The OECD's Leading Economic Indices show that the US and the OECD area each indicate that expansion is continuing. The LEIs plummeted in recession, rebounded strongly to signal recovery then dipped back to zero for both the US and for [...]
- Global| May 06 2011
German IP Growth Is Slight Downturn
For most German sectors year-over-year growth in industrial output (or IP) has turned only slightly lower. Yet, over three months IP has accelerated overall led by consumer goods, a sector that has been late to the party. Capital [...]
- Global| May 05 2011
German Orders Growth Begins to Wither
Has the slippage down that famous slippery slope begun for German orders? Orders plummeted by 4% in March. But they have risen by 3.1% in January and by 1.9% in February and so they remain higher for the quarter on balance. Still the [...]
- Global| May 04 2011
EMU Services Sag
The EMU services sector took a step back in April and sets up just below its standing in February. The service sector in France is still pushing ahead for improvement; Spain's index while still below its February standing rose in [...]
- Global| May 03 2011
UK MFG Takes Unexpected Dive
The UK MFG index fell unexpectedly in April. The index is on a seven month low. It is still 'strong' sitting at the 81st percentile of its high-low range. The construction and services indices lag and are not yet in for April. The [...]
- Global| Apr 29 2011
Euro-Area Indices Weaken
EU/EMU confidence continues to fall. The two main regional indices are still some 5% to 6% above their average values, however. Although the decline in the index is a clear ongoing pattern (see the attached chart) the recovery process [...]
- Global| Apr 28 2011
Japan's IP Takes a Big Hit
Japan's industrial production has taken a sharp move lower and posted the largest drop since the occupation. The data are for March; they complete the quarter and they reflect the partial effects of damage by the tsunami and [...]
- Global| Apr 27 2011
Orders in Euro-Area Rise Sharply
Industrial orders in the Zone continue to expand sharply. Over the recent three months orders have accelerated to a rate of 19.6% up from an annual rate of increase of just 8.4% over six months but still a touch short of their 21.3% [...]
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