‘Official’ train wreck?? Maybe I shouldn’t say ‘officially’ since no one in officialdom has really declared it so. And I don’t want those with policies at Lloyds to come running for remuneration because they are insured against injury [...]
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| Jun 26 2009French Confidence, Still In A Deep Pit, Rises
Consumer confidence in France has risen in three of the last for months with one month marking a pause in the rising trend. French confidence hit its low point in July of 2008 at a level of -48. Since then although the recession has [...]
- Global| Jun 25 2009
Despite Headlines About New Record Drops, Europe Is Healing
Orders in the Area fell by 32.1% a new Yr/Yr record leading to headlines about how slow the European recovery is going to be. But the pace of decline in orders over three months has been sharply reduced to an annual rate of decline of [...]
- Global| Jun 24 2009
Consumer Confidence Recovers In Italy
Consumer confidence in Italy has risen firmly in June. Confidence now has risen in five of the past seven months having fallen in only one of those months. The trend to improvement is clear. The overall confidence measure from ISAE is [...]
- Global| Jun 23 2009
Europe Continues to Make a Turn Higher: Sector Results Turn Mixed in June
Markit PMIs composite index rises - The Euro Area FLASH PMI for MFG rose in June but that happy event was partly offset by a decline in the region’s services survey. The composite index comprised of both MFG and Services rose to 44.4, [...]
- Global| Jun 22 2009
EMU Trade Balance Deficit For Goods Shrinks
The EMU (16-country) consolidated balance of trade with countries outside the region fell to eru336mln in April from eur1.7bln in March. The Year-to-date deficit of eur2.5BLn is below the YTD average for the same period of a year ago [...]
- Global| Jun 19 2009
UK Retail Sales Fall And Markets Quiver
UK retail sales fell unexpectedly in May and, combined with news of greater public sector borrowing, markets sold off with particular pressure on the pound sterling. The UK has been posting some of the best economic numbers in Europe [...]
- Global| Jun 15 2009
EMU Job Market Has Record Q1 Job Loss
The number of people at work in the Euro Area fell by 1.2mln in Q1, the greatest quarterly drop since records began in 1995. Still, that performance is dwarfed by the huge declines in the US as the percentage calculations in the table [...]
- Global| Jun 12 2009
IP Still Falling in Euro Area: but Evidence of Slowing
Industrial output fell again in April marking the 12th straight month of decline in Yr/Yr output; industrial output has gone 12-months without a month to month gain as well (m/m output was flat in August of 2008). Declines spread [...]
- Global| Jun 10 2009
Industrial Production’s Slide Begins To Taper Off...For Some
In April three of five large EU countries experienced monthly increases in industrial production. We can set Spain aside, to some extent, since its monthly figures are so volatile. Still, Spain and the UK are the only two of this [...]
- Global| Jun 10 2009
U.S. Trade Deficit Edged Higher As Revision Impact On Data Is Minor
The ‘what’ of trade in April: The U.S. trade deficit widened modestly in April as exports declined and imports moved lower despite a bump up from oil imports. The U.S. deficit in international trade of goods and services increased to [...]
- Global| Jun 10 2009
U.S. Trade Deficit Edged HigherAs Revision Impact On Data Is Minor
The ‘what’ of trade in April: The U.S. trade deficit widened modestly in April as exports declined and imports moved lower despite a bump up from oil imports. The U.S. deficit in international trade of goods and services increased to [...]
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