The UK trade picture deteriorated in March With exports up by 1% on the month as imports screamed higher by 5.2%. This put exports in a severe shortfall position for March and ballooned the deficit. Of course in March the situation [...]
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 13 2010UK Trade Deficit Worsens As Exports Lag Imports
- Global| May 12 2010
EMU GDP Is On The Mend
It was hardly a spectacular number for Q1 GDP from EMU although the 0.2% Q/Q gain did beat the expected gain of just 0.1% Q/Q. GDP is rising Yr/Yr for the first time Since Q3 2008 and that is something. France, Italy, the Netherlands [...]
- Global| May 10 2010
OECD LEIs Continue To Advance
After a jackrabbit jump the OECD trend restored Leading Economic indicators are slowing their pace. Still, viewed over six months which is the OECD’s preferred way of using them, the grow rates across the OECD region remain quite [...]
- Global| May 07 2010
German IP Continues To Run Up
In the midst of chaos in markets in the aftermath of the US stock market snafu on Thursday and ongoing turmoil over Greece in Europe despite the Greek bail-out being substantially approved by all parties, Europe’s growth is looking [...]
- Global| May 06 2010
German Orders Take A Strong Hold On Growth
In March German orders spurted beyond expectations rising by 5% after being flat in February. Foreign orders built on a 1.7% gain in February rising by 4.7% in March. Domestic orders spurted by 5.4% coming off a 1.7% decline in [...]
- Global| May 05 2010
EMU Service Sector Continues To Improve
The services sector continues to improve in EMU with the EMU and German indices rising in April to their strongest levels since late in 2007 (France was last stronger in Nov of 2009; Italy’s index slipped in April). While Germany and [...]
- Global| May 04 2010
EMU PPI Prices Show Downward Pressures Unwinding
Pressure on the Euro-Area PPI remained in force in March as the price index continues to show Yr/Yr drops. Still the 6-month index is up at a 0.4% rate and the 3-Mo index is up at a 4.1% pace. For manufacturing the same trends are in [...]
- Global| Apr 30 2010
Euro Unemployment Bucks Image Of Recovering Region
European unemployment continues to rise in March and the figure reported for 2010 in-Q1 in Spain reached 20%; We report monthly data in the table above. Only Germany shows any hint of a turn to lower rates of unemployment. Of course [...]
Money growth rates in Europe are starting to edge higher, but ever so slowly. At a 2.2% annual rate pace over three months compared to a 1.5% pace Yr/Yr is not much of an acceleration. Credit growth is however weaker over three months [...]
- Global| Apr 28 2010
Japan’s Retail Sales Are On The Road To Recovery
Japan’s retail sales have made another strong monthly gain. In the just-completed quarter, nominal retail sales are rising at an 11.3% annual rate over the previous quarter’s level. Gains are strong across the major retail categories [...]
- Global| Apr 23 2010
IFO Follows Zew Lead And Pops
IFO surges: Germany’s IFO indicators are rising very sharply in April. The biz climate index lies 6.5% above its average; the Biz expectations index lies some 8.2% above its average mark as well. Biz expectations a positioned in the [...]
- Global| Apr 22 2010
EMU PMIs Make Strong April Gains
The EMU PMIs for MFG and Services each made strong gains in April. The gain in MFG was strong and is the 22nd greatest gain out of 154, a top 13% gain. The services index rise in April ranked 9th out of 141 observations placing it in [...]
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