For Belgium it may not be a home run but it is definitely a hit for extra bases. The November Consumer confidence reading from the Belgian National Bank survey is up to zero which is well above the level of -6 which is the 10-Year [...]
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| Nov 22 2010Belgian National Bank Consumer Survey
- Global| Nov 19 2010
Italy's Orders Begin To Outdistance France's And Euro Area Problems Come With An All-Too-Common Theme
Orders do slow: French orders growth has slowed considerably to just 0.6% year-over-year while for Italy year-over-year growth is still at 12.6%. Foreign growth is still strong for both France and Italy making domestic orders growth [...]
- Global| Nov 18 2010
UK Retail Sales Glow but Refuse to Shine
Wind-aided retail sales- The total value of UK retail sales rose by 0.8% in October after a flat September and a declining August. It's not much of a revival for a series that is the equivalent of wind-aided in an Olympic sprint event [...]
- Global| Nov 17 2010
Spain's GDP Crawls Ahead - Spurred by Weakness!
Yes! Spain's GDP edged ever so slightly higher in 2010-Q3 spurred by weakness; weakness in imports. Imports fell at an 18.7% rate annualized in the quarter and since imports SUBTRACT from GDP the drop spurred GDP growth in Spain in [...]
- Global| Nov 15 2010
EMU Trade Balance Turns To Surplus
In the wake of the G-20 summit, a turbulent wake that has rocked many boats and leaves them pitching and yawing in the open sea and still at great peril, the EMU has released its Zone-wide trade figures and guess what? The Zone is in [...]
- Global| Nov 12 2010
EMU GDP Growth Tops Out
Biz Cycle mechanics 101 - Trees do not growth to the sky and GDP growth does accelerate endlessly, even in recovery. But in EMU all the key larger early-reporting countries reported a deceleration in GDP growth in Q3 compared to Q2 [...]
Japan machinery orders, both 'core' orders and total orders, are showing some progress. Granted both series fell sharply in September but each had risen strongly in August. Beneath all that noise - very loud noise - is a hint, a vague [...]
- Global| Nov 10 2010
France And Italy: IP Gains Begin To Top Out...The G-20 Bottoms Out As Post-Financial Collapse Cooperation Craters
Like peas in a pod...NOT! -- Despite the similarity in their overall cyclical behavior very different forces are afoot in the Italian and French industrial sectors. Trends in France - French consumer spending is blowing through hot [...]
- Global| Nov 09 2010
Japan's 'Economy Watchers' Don't Like What They See Does Anyone?
Japan's Economy Watcher's index fell in October as the bottom fell out of the current conditions index. That index is now in the bottom 60th percentile (top42 percentile) of its High/Low range. By queue some 70% of the values for the [...]
- Global| Nov 08 2010
German IP Trends Sour...And That's Not All As The G-20 Meeting Gets Ready To Get In Gear
Germany rules or drools? This month we saw the bottom suddenly fall out of German orders with especially weak results visited on German export orders. While the German trade picture seems to have held up in September Germany's [...]
- Global| Nov 05 2010
Das Thrill Is Gone? German Orders Go Kaput
What goes around comes around... The German economy is going form wunderkind to flop. Its orders that seemed to defy gravity amid ongoing euro-austerity have swung from a gain of 3.5% in September to a drop of 4.0% in September. The [...]
- Global| Nov 04 2010
PPI Rises Strongly In Sept; Trend Is Still Tame
The Euro-Area PPI spurted in September. But as the August PPI had been flat there is no acceleration in three-month growth rate after the September 0.5% spurt in the headline. None of the main PPI categories show three-month inflation [...]
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