France and Italy continue to see their industrial production expand. France is showing more staying power as Italy show signs of slippage in its growth. This is their first real divergence in this cycle. France is showing persistent [...]
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| Apr 11 2011French and Italian IP Continue to Expand But Italy Shows Momentum Loss
- Global| Apr 08 2011
BOE Plays Doubting Thomas to Resurrected Inflation
While the ECB is hiking rates on marginal inflation risks as the BOE is holding back while inflation rages- at least at the PPI level. At the same time the CPI is hardly to be construed as tame as its twelve month pace is 3.3% and its [...]
- Global| Apr 07 2011
German IP Continues Its Strong Rise
Industrial output is advancing smartly in Germany across all three main sectors. The output of consumer goods is finally in gear, rising at a 2.3% annual rate. Intermediate goods output is up at a 16% annual rate. Capital goods the [...]
- Global| Apr 06 2011
German Orders Show Great Resiliency
Orders are strong and resilient- German orders are proving to be quite resilient, as the chart shows the growth in both domestic and in foreign-sourced orders have each remained at a pace that continues to exceed their growth of the [...]
- Global| Apr 05 2011
Euro-Area Services Work Their Way Higher
EMU lead by Germany- The EMU service sector is still on the rise but the rise is not on a particularly strong trajectory of expansion. After a set-back in February, Germany's services index is up strongly but still not back to its [...]
- Global| Apr 04 2011
Euro Schism As The ECB Gets Ready To...
In the US we complain that unemployment is so high. But in the US recession the rate of unemployment jumped sharply while Europe's rate only drifted higher by comparison. For a while US and European unemployment rates were roughly [...]
- Global| Apr 01 2011
EMU MFG Recovery Loses Up-Thrust; UK Shows More Reversal
The Markit-NTC MFG indices show a step back in activity levels in March. The index readings are still strong, representing an 89th percentile standing for the entire EMU in its historic range and a 94th percentile standing in the case [...]
- Global| Mar 30 2011
EU Indices Slow Their Pace of Increase
The overall EU index rose in March while the narrower EMU index fell by 0.6%. Industrial confidence in EU edged higher while retail and wholesale sentiment remained steady at their past monthly values. But consumer confidence lost one [...]
- Global| Mar 29 2011
Italy's Economy Still Hitting Bumps And Potholes
Italy's Business sentiment index is up in March rising to 103.8 from 103.1 in February. The index sits in the 71st percentile of its range and at the 62nd percentile of its ranked queue. While it is reaching a post-recession high its [...]
- Global| Mar 23 2011
Euro-Area Orders Barely Edge Up on Strong Foreign Demand
EMU orders are up by just 0.1% in January after rising by 2.7% in December and 2.1% in November. Despite the weak January result the three-month growth rate is up at an accelerated rate of growth compared to six months and is slightly [...]
- Global| Mar 22 2011
UK Inflation Takes Another Step Up
The UK HICP and RPIX indices rose sharply in February but slowed their pace from January, when the HICP rose by 0.9% and the RPIX rose by a sharp 1.1%. The measure of core inflation lags. But the core rate has been accelerating as the [...]
- Global| Mar 18 2011
EMU Trade Stays in Deficit
In Europe, Euro-Area trade flows are mostly steady with Yr/Yr growth rates in excess of 20%. The balance of trade had swung back into deficit three months ago and it remains there. Exports and imports each are losing a slight bit of [...]
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