While Euro-Area IP made strong gains in May again and its three-month growth rate picked up, the Yr/Yr rate of growth is giving back ground. It looks as though Europe's rate of industrial production growth is set to slow. The three [...]
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| Jul 14 2010Euro-Area IP Continues Its Gains But Trends Slow
- Global| Jul 13 2010
Japan Consumer Confidence Continues To Edge Higher
Consumer confidence in Japan edged higher in June to 43.6 from 43.0, as Japan's index of industrial output also made a surprise advance. Expected income growth and employment and the willingness to buy durable goods each improved on [...]
- Global| Jul 12 2010
UK GDP Little Changed In Revision
The revision in UK GDP left few changes on overall growth. But the trade picture is deteriorated as a sharply wider deficit was reported for Q1. Exports in Q1 are now dropping at a 6.6% annual rate and imports are up at a 6.7% pace [...]
- Global| Jul 09 2010
German Inflation Still On Deceleration Path... Why?
Happy central bankers - The ECB can be happy. The Bundesbank can be happy. Inflation is beating a retreat in the wake of the financial crisis and as we get about one-year into economic rebound. Over three months the HICP is actually [...]
- Global| Jul 08 2010
German IP Jumps - But For Joy?
Higher! German Industrial production rose by 2.6% in May after a rise of 1.2% in April. The sequential annualized growth rates continue to ramp up. Yesterday, industrial orders fell and that may be a wake up call, since orders do [...]
- Global| Jul 06 2010
Euro-Area Service Sector In Recovery Mode But Losing Momentum
The ECB sets its rate-targeting sights on the Euro-Srea's HICP a consumer prices measure not on the PPI which is producer prices measure. But producer prices are showing some inflation escalation despite this month's result which say [...]
- Global| Jul 02 2010
Euro-Area PPI Drops Month To Month As Yr/Yr Rate Rises
The ECB sets its rate-targeting sights on the euro-area's HICP a consumer prices measure not on the PPI which is producer prices measure. But producer prices are showing some inflation escalation despite this month's result which say [...]
- Global| Jun 29 2010
EU Sentiment Falls; EMU Sentiment Edges Higher
Sentiment among the Big Five EU countries saw improvements in three of those five. Set backs in June were experienced in the UK and in France. For France its the second drop in a row. After seeing drops in four of six of the largest [...]
- Global| Jun 28 2010
Japan Retail Sales Crumble As G-X Sets Debt-Reduction As The Main ObjectiveOr, Is The G-X Whistling Past The Grave Yard?
Government spending program had been underpinning Japan retail sales until this month when sales fell sharply. The month-to-month drop was the first since December 2009 and the largest since February 2005. It was the smallest Yr/Yr [...]
- Global| Jun 25 2010
Deflation Still Haunts Japan Actively - Its Exports Can't Save It
D-flation - Japan continues to show the effects of deflation. Prices fell by 0.4% in May, an accelerated drop from -0.1% in each of the last two months. Less food and energy prices fell by 0.2% in May a bigger drop than the -0.1% in [...]
- Global| Jun 24 2010
Foreign Orders Break Out To Lead EMU Growth
Orders in the euro-area rose by 0.9% a very good showing after gains of 2.6% in February, 5.1% in March and now 0.9% in April. As a result of the sharp gain late in the first quarter the Q2 level has been boosted to show a 34% annual [...]
- Global| Jun 23 2010
EMU PMIs Slow Ascent...MFG PMI Losses Ground
The PMIs are entering a more mature stage of the expansion and steady monthly increases will no longer be the rule nor will such monthly fluctuations be a 'bad signal,' just the result of normal fluctuation. From April to December of [...]
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