Japan retail sales fell in June but June caps a three-month period in which sales have expanded. Still, in the quarter-to-date Japan’s retail sales are falling but only slightly. Over 12-months retail sales are off by about 3%, led by [...]
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| Jul 29 2009Japan Retail Sales Remain Sour
- Global| Jul 28 2009
Italy's Recovery In Confidence Continues... Still A Ways To Go
Confidence is UP! Consumer confidence in Italy is at its highest since November 2007. Still since January 1992 the reading stand is at the 40th to 41st percentile of its range and in terms of the ranking among all previous [...]
- Global| Jul 27 2009
Tight Money Isn’t Funny: EMU Money Growth Continues To Decelerate
BANKS, MONEY, CREDIT- A number of reports are in the news today about banking sector issues in lending. With the EMU money and credit measures just out it’s an appropriate time to survey the background for lending. The German Zew [...]
- Global| Jul 20 2009
Industrial Orders Trends Begin To Turn...Ever So Slowly
Industrial orders in Italy made a slight bounce in May. French orders fell after a slight bounce in April. Neither shows any sign of upward momentum and the downward momentum has only just been trimmed if we compare 3-month growth [...]
- Global| Jul 15 2009
EMU Inflation Really Does Turn Lower and Higher, Too
EMU inflation remained tempered in June; the Yr/Yr rate even turned negative! Headline inflations trend, however, is actually doing a slow up-creep as energy prices dived and have since begun to rise. But that was through June. [...]
- Global| Jul 13 2009
Japan IP Is In A Strong Quarterly Recovery
Japan’s consumer confidence is at a year and one half high. The government has upgraded its economic assessment for the third month in a row. Industrial output is on a tear. IP is up for three months in a row. The past two month’s [...]
- Global| Jul 10 2009
OECD Indicators Begin To Turn Up
The OECD LEIs are giving off much more optimistic signals theses days. Ordinary progressive growth rates ( 12-mo to 6-mo to 3-mo) in the table’s top panel show that decelerations in the indicators have ceased across the OECD area for [...]
- Global| Jul 09 2009
UK Trade Picture: Better In Month But In Flux
The UK trade balance shrank to 6.26bln sterling in May from 7.14bln in April. Exports edged lower, while imports fell by 4% in May. Export and import trends do not show very dramatic signs of change. Exports are declining by a bit [...]
- Global| Jul 08 2009
German IP Follows Orders Higher
German industrial production rose by 3.7% in May from April. It has risen in two of the last three-months. IP is accelerating, rising at a 5.4% annual rate over three-months compared to a rate of minus 22.2% over six-months and minus [...]
- Global| Jul 06 2009
Auto Registrations Lead Recovery In Europe
Special programs to incentivize new car purchases are having success in spurring new passenger car registrations in Europe. European Commission President Jose Manuel Barroso said Monday that the recession in Europe will extend [...]
- Global| Jul 06 2009
Worse Vs Much Worse...
The accompanying chart makes the point that US rate of unemployment has risen a lot and Europe’s has risen by a little. Still the higher US rate of unemployment will fall sharply in recovery whereas Europe’s history suggests that its [...]
- Global| Jul 01 2009
Tankan Improves: Still In Slow-Motion
The percentile readings on the far right of the table tell the real story. A bottom 12 percentile range result is about the strongest reading for any component except for the outlook surveys where the standing is a 20% to 30% result [...]
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