US retail sales rang up strong results in August. The cash for clunkers program aided auto sales to a greater extent that most economists had anticipated. Sales rose by 2.7% month-over-month boosted by vehicle sales which rose 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| Sep 15 2009US Retail Sales Make StrongGains...
- Global| Sep 11 2009
UK Producer Prices Showing Steady Accelerating Rise From Lows
Manufacturing prices in the UK rose by 0.5% in August as core prices rose by 0.4%. Over 12- to 6- to 3-months annualized rates of MFG prices are accelerating. But over the same periods Core MFG prices look more as if they are [...]
- Global| Sep 11 2009
Export and Import Prices Pop But Ex-Oil Import Prices Barely Budge
US export and import prices remained tame in August. Headline prices shot up as oil prices scored double-digit gains in the month. For exports the headline rise was spurred by industrial supplies and the US does export some oil. [...]
- Global| Sep 11 2009
University of Michigan Sentiment Makes Surprising Jump
Consumer sentiment rose sharply to 70.2 in August in the U of M consumer sentiment preliminary report. The month’s rise in sentiment was the 42nd largest monthly rise out of the last 380 monthly changes. It was the fourth largest [...]
- Global| Sep 11 2009
University of Michigan SentimentMakes Surprising Jump
Consumer sentiment rose sharply to 70.2 in August in the U of M consumer sentiment preliminary report. The month’s rise in sentiment was the 42nd largest monthly rise out of the last 380 monthly changes. It was the fourth largest [...]
- Global| Sep 10 2009
IP In France Edges Higher In July
French industrial production rose by a thin margin of 0.1% in June, less than expected. Auto production contracted after a strong spurt in earlier months. Still, France has showed one of the stronger rebounds in EMU IP. It did not [...]
- Global| Sep 09 2009
German Prices Fall Yr/Yr Again-But It's NOT Deflation
German consumer prices fall Yr/Yr! - The headlines may read that German inflation on the HICP measure is down again Yr/Yr but don’t bite on that headline or on the nuance that it might be deflation time in Europe. Nothing is farther [...]
- Global| Sep 09 2009
German Prices Fall Yr/Yr Again-ButIt's NOT Deflation
German consumer prices fall Yr/Yr! - The headlines may read that German inflation on the HICP measure is down again Yr/Yr but don’t bite on that headline or on the nuance that it might be deflation time in Europe. Nothing is farther [...]
- Global| Sep 04 2009
Italy's Trade Trends Turn
Both Italy’s exports and imports are beginning to turn their plunging growth rates higher. The Yr/Yr trend has begun to turn (see chart) for both exports and imports. The balance did swing to surplus a month ago but it still shows a [...]
- Global| Sep 03 2009
Markit MFG PMIs Turn Higher; Gains Are Widespread
The Markit PMIs turned higher in August. Across the main reporting Markit economics we find MFG PMIs are over the break-even mark of 50 in two of seven EU nations. Three others have readings with a ‘49’ handle. Italy back-slid in [...]
- Global| Sep 02 2009
German Retail Sales Still Short Of Dependable
German retail sales edged higher in July but this is after several months of declining. Despite the minor rise in sales ex-autos, retail sales in Q3 (one month into the new quarter) are dropping at an annual rate of 5.7% or 2.7% in [...]
- Global| Aug 28 2009
EU Commission Indices Surprise: Show a Real Turn Is in Progress
The EU Commission indices kicked out the jams this month with increases that left the economic forecasts standing in the dust wondering what happened. The overall commission sentiment index made its largest jump since at least 1988l [...]
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