While it would seem to pose a conundrum for the Bank of England, few are expecting any monetary response to the rising inflation trends that are developing in the UK. Both core and headline factory gate prices are showing the same [...]
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| Dec 11 2009Inflation's acceleration is clear, so is the policy conundrum
- Global| Dec 10 2009
Foreign orders drive recovery
Machinery orders are a volatile measure almost by design. Because of the lumpy nature and large scope of some projects it is hard to get a reliable reading on this series. Looking at core orders is one way to stabilize the signal. [...]
- Global| Dec 09 2009
UK Trade Deficit Widens....On Rising Exports And Imports
Despite faster export than import growth in October, the UK trade deficit widened in October as the larger sterling size of imports translated a smaller percentage gain in imports into a larger gain in sterling terms than for exports. [...]
- Global| Dec 03 2009
EMU PMI Rises Strongly In November
In November the Services PMI rose to 53.04 from 52.58. The services PMI stands in the 63rd percentile of its range. As such it is stronger than the EMU commission index for the sector that is only in the 47th percentile of its range. [...]
- Global| Dec 02 2009
PPI Heats Up in the Euro Area
The EMU PPI has turned up in October pushing the three month headline PPI series to an annual rate gain of 4.1%. Main categories (independently seasonally adjusted) all show declines in October while the headline (ex construction) [...]
- Global| Dec 01 2009
German Retail Sales Rise But Amass No Momentum
German retail sales rose in October, reversing a drop in September, but sales continue to show negative momentum. The sequential nominal rates of growth from 12-months to 6-months to 3-months all are clustered around a minus 3% growth [...]
- Global| Nov 30 2009
EMU Prices Rise - Has The Worm Tuned?
EMU prices rose in October. Trends are still good but core inflation is showing a hint of acceleration as three month core prices are up at a 1.4% annual rate above their six-month and 12-month pace of increase. Headline inflation [...]
- Global| Nov 24 2009
Euro-Area Orders Continue To Claw Their Way Back
Euro-Area orders are still falling year-over-year. As the chart shows the Yr/Yr drop is being steadily mitigated. Both foreign-sourced orders and domestic orders (in-region orders) are rebounding smartly after their recession-induced [...]
- Global| Nov 23 2009
Euro Area Flash PMIs
The Euro Area FLASH PMIs are on the rise in November. The flash Services reading is at its highest reading since November 2007. The MFG index is at its highest since March 2008. It is the second consecutive MFG reading above 50 and [...]
- Global| Nov 20 2009
Italian and French Industrial Orders Are Up In September
Orders in Italy and in France were up strongly in September but on different causes. Both posted an orders rise in excess of five percent on the month. But Italy’s orders were boosted by a 7% gain in foreign orders; in France foreign [...]
- Global| Nov 18 2009
EMU Trade Balance Improves
The Confederation of British Industry survey shows industrial trends continue to make progress and cut their declining trends. Still the declining trends remain large and the degree of progress is slow although this month’s gain in [...]
- Global| Nov 17 2009
EMU Trade Balance Improves
The EMU trade surplus continued to grow as exports rebounded strongly from a lackluster August that saw them fall by 4%. In September exports are back up, and off to the races. Exports contribute to growth overallEMU exports now are [...]
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