Overall inflation ticked up to 0.4% (m/m) in August. But trends remain very much subdued in the Zone. Core inflation rose by 0.2% in August and by 0.1% in July. Broader trends signal no damage. Three month headline inflation descended [...]
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| Sep 15 2010Euro-Area Inflation Ticks Up But Is Still Well-Behaved
- Global| Sep 13 2010
US And OECD LEIs Dive...Still, No Harbingers Of Growth To Come Early In The Biz Cycle
Over six months the OECD and the US trend-adjusted LEIs are now much weaker. The OECD prefers to use its measures as gauges over six month periods. On that basis either growth is slowing or an actual slow down is setting in depending [...]
- Global| Sep 10 2010
UK Inflation Begins To Settle Down
PPI inflation is not in the gun-sights of any central bank that targets inflation. But it's an important ingredient in the inflation mix. Most measures of inflation tend to have the same cycles so in each there is a reason to take [...]
- Global| Sep 09 2010
German CPI Trends Remain Tepid
The German harmonized CPI rose by 0.2% in August and gained 0.9% Yr/Yr. The German domestic inflation measured by its CPI rose by 0.,1% and gained 1% Yr/Yr. The domestic measure posted a core inflation reading of 0.2% and of 0.7% [...]
- Global| Sep 08 2010
German IP Slows Down...
IP makes lethargic rebound - German IP is up in July after a drop of 0.6% in June. That means IP is lower on balance over two months. July was not much of a 'bounce.' The weakness in IP corresponds with the drop in orders whose [...]
- Global| Sep 07 2010
German Orders Head South
German orders rolled over in July after a string of strong gains that extend back to about January. The German orders recovery dates from March of 2009 and from that point there have been only four monthly declines in orders of which [...]
- Global| Aug 31 2010
Japan Tries To Regroup Forecast: Cloudy With A Chance Of More Clouds And Bad Weather
Japan issued a host of data today, as is its custom at month-end. Today we found housing starts rose, retail sales rose and so did industrial output. The gains in these series were not huge but in general Japan’s indicators beat [...]
- Global| Aug 30 2010
Germany Climbs To 'New Post Recession' Heights; EMU Improves Both Progress And Unevenness Are Evident
It's still recovery - The EMU recovery remains in place as the Economic Sentiment index has risen again in August. Despite some rather extreme pessimism following 'Europe's' strong Q2 GDP showing we find that post-Q2 economic [...]
- Global| Aug 27 2010
Japan Inflation
Japan's CPI fell in July dropping by 0.3% month-to-month. Over three-months the inflation rate is decelerating faster at a pace of -1.6% even as it is slowing its pace over six months compared to 12-months. But ex-food and energy [...]
- Global| Aug 26 2010
Money Supply Offers No Solace And Much Dilemma
The chart on money supply tells a good story about what is happening with global liquidity. Before the financial crisis, money supply growth in the major monetary center countries and regions was generally strong and excessive. In the [...]
- Global| Aug 25 2010
German IFO Index Strengthens Unexpectedly
This is the early release of the German IFO report. It shows a much brighter picture of the economy in Germany than had been expected. On first release Germany’s IFO does not provide us with that rich detail for which that the index [...]
- Global| Aug 25 2010
Euro-Area Orders Defy Gravity...But Growth Slows Nonetheless
Growth surprise in orders - Industrial orders in EMU surpassed expectations in June as May's 4% order surge was followed by a 2.5% gain in June. Still April saw a fall of 0.2% and that took the top off of the three-month growth rate [...]
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