The INSEE survey shows that the French household is not feeling very good about the economy. While the confidence metric did tick up it stands only in the bottom 7 percent of its range back to 1990. Over the past 12-months living [...]
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 26 2011French Households Still Feeling Poorly
- Global| May 25 2011
German consumer climate sees local cooling, Consumer: Consumer thyself?
The GfK index of consumer climate for Germany has peaked and is headed lower, but at a snail’s pace. The climate reading peaked in March at 6.0 and in June it has receded to 5.5. The early reading index for June is without any details [...]
- Global| May 24 2011
UK Retail Signals Remain Cool and Become More Troubled
The retailing portion of the CBI distributive trades index weakened slightly in May as the Yr/Yr sales index fell to +18 from +21. At that mark the index stands in the 65th percentile of its high/low range. What is most disturbing in [...]
- Global| May 19 2011
Japan GDP Falls Hard
The chart tells a pretty clear story for Japan. Although the quake and tsunami were late in the quarter they exerted a strong negative impact on Japan’s 2011 Q1 GDP. Because of this timing Q2 is sure to reflect further substantial [...]
- Global| May 18 2011
Spain's GDP Progress Slips Sideways
At 1.2% at a compounded annual rate Spain's GDP is advancing in 2011-Q1. But the pace is not impressive and the momentum is lacking as well. While Europe frets and stews over Greece the IMF warns that the debt crisis could spread to [...]
- Global| May 16 2011
Zone Trade Flows Show Mixed Signals But Stay Strong
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 [...]
- 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 [...]
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