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 [...]
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 05 2011German Orders Growth Begins to Wither
- 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% [...]
- Global| Apr 26 2011
UK Industrial Sector Remains Hard As Rocks But....So Do Upward Price Trends
Industrial orders continue to make gains in the uneven UK economy. The order indicator rose to plus-five in March from a reading of minus-eight in February making it the tenth largest month to month change in orders going back to [...]
- Global| Apr 21 2011
IFO and EU Indices Show Unwind for Germany: Back to Normalcy?
The German IFO index showed a weaker climate reading in April. Both the topical IFO and the lagging EMU index for Germany are showing a damping down for the overall climate index (see chart). The Manufacturing index which is stronger [...]
- Global| Apr 20 2011
German PPI Soars Then Pressure Abates?
The German PPI lost some zing in March as it rose by 0.3% after a burning hot January and February with gains of 1.1% and 0.7%, respectively. The sequential growth rates still indicate a charging-up of inflation as 3-mo inflation [...]
- Global| Apr 19 2011
Canada's Inflation Takes Hold If Not Flight
Canada offers various measures of inflation but they all agree that the rate of inflation is on the rise. Inflation accelerated across most categories in February and did it again in March. Yet inflation is not broadly higher over [...]
- Global| Apr 15 2011
Euro-Area Revises Inflation Is Higher
So long as the ECB insists on looking at headline inflation, the picture in the chart above is going to continue to haunt it in its sleep. While headline inflation is ‘raging’ that has almost nothing to do with monetary policy. [...]
- Global| Apr 13 2011
Euro-Area IP Advanced More Strongly in Feb
Europe's consumer sector is losing momentum as capital goods are gaining speed. Meanwhile intermediate goods seem to catching on and accelerating after a brief lull in momentum. Consumer goods sequential growth rates have pitched a [...]
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