Inflation is a many-headed beast and that is on reason it is hard to fight. Economists are taught that inflation is always and everywhere a monetary phenomenon. But in the real world there are so many distractions and then are long [...]
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| Nov 16 2011EMU Inflation Brakes For Crisis...Except For Italy
- Global| Nov 14 2011
OECD LEIs Point Lower...Sad Day For Economics is Confirmed...
The OECD LEIs are on a waning path. The OECD prefers to look at changes over six months on its indicators. We plot the OECD LEI metrics on the chart and provide as a set of sections in the bottom panel of the table that zooms in on [...]
- Global| Nov 11 2011
UK Output Prices Lose Momentum - Is It All Good News or Not?
PPI Progress - UK PPI output prices continue to run hot but in the UK but they are losing some momentum. The 12-mo pace of 5.7% is dropping and the shorter sequential growth rates show that PPI momentum has been damped. Better still [...]
- Global| Nov 09 2011
UK Trade Deteriorates...And So Does The Pound Sterling
UK exports have suddenly stalled while imports continue to press ahead. With an export mix tilted heavily to Europe where growth is slowing sharply and to the US where the expansion has never really gotten on track, UK exports have [...]
- Global| Nov 07 2011
German IP Heads South...With Europe in Close Pursuit
German IP turned sharply lower in September falling by 2.7% month-to-month as its 12-month growth rate held at 5.4%. In the just-completed third quarter German IP still put on a good show as it rose at a 7.1% rate mostly on the back [...]
- Global| Nov 04 2011
Europe Service Sector in Steep Drop
EMU no longer ‘at your service’- The Euro-Area service sector survey from Markit registered a sharp drop in October. It comes on the heels of a sharp drop in September. The two month drop of over five points in the services sector [...]
- Global| Nov 03 2011
EMU MFG Continues to Slip - As Does All of EMU
New Day! (same old problems and options) - Under a new Central bank head, Mario Draghi, the ECB has just voted to cut its key lending rate by 0.25%. While no panacea, it is a long awaited move and it comes amid political and economic [...]
- Global| Oct 28 2011
Unemployment European Style: Déjà vu All Over Again
The chart shows that one big difference between the US and the European rates of unemployment is that Europe has ‘always’ had a rate ‘this high’ and the US has not. The table below tells another unfortunate tale, this one much [...]
- Global| Oct 27 2011
EU/EMU Indices Continue Weak
The EU indices show continued weakness in the EU area. The slippage this month, however, was minor. Still, the overall EU index stands in the 22nd percentile of its historic rank. Consumer confidence stands in the 12th percentile. [...]
- Global| Oct 26 2011
UK Industrial Orders Go Crashing Down
Weak orders and weak trends: Total UK industrial orders are lower, much lower in October, dropping from a -9 (where they slipped last month from a +1 in August) to a -18. Oh, how quickly optimism can fade - faster than a new pair of [...]
- Global| Oct 25 2011
German Consumer Climate Steadies While Economic Expectations Dive
In Germany consumer climate crawled a bit higher in an early read on November but has mostly stay around the current level for several months. Climate crested early in the year, it since moved lower and has moved sideways. Economic [...]
- Global| Oct 21 2011
German IFO Survey Keeps Pointing Lower
The German IFO survey is showing a great deal of stress as expectations have slid well into the lower portion of their range. The expectations diffusion reading lies at the boundary of the lower 25th percentile of its historic queue [...]
- of362Go to 255 page