Don’t judge a book by its cover- Please pardon the bad grammar in the title. But I am hopelessly imprinted with Rod Stewart’s, “Every Picture tells, a story, don’t it?’ In this case… I wonder: does it or as SNL’s Seth Meyers might [...]
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| Feb 12 2010Every Picture Tells A Story...Or Do It?
- Global| Feb 11 2010
Seven Strikes And You’re Out?
Seven quarters in a row and still no hint of growth in Spain’s GDP. The quarter to quarter drops are diminishing and the year-over-year drop is lessening but the dropping continues. On a day that Greece is getting assistance because [...]
- Global| Feb 10 2010
Much Of EMU’s IP Stumbles In December...How Worried Should We Be?
The drop –a sharp drop- in German IP has been echoed throughout the e-zone’s largest economies. In December IP has also fallen in France, in Italy and in Spain. The UK, an EU member country, reports that its IP rose by a strong 0.9% [...]
- Global| Feb 09 2010
German: HICP Moderate But Accelerating
Germany’s HICP and domestic CPI show modest inflation in Germany but headline inflation is still in a steady upward progression. Since the headline rate for the HICP is only 0.7% that is not disturbing at all. The HICP core is not yet [...]
- Global| Feb 08 2010
Canada Housing Starts Rise Still It Is Stalked By The Threat Of A Stalled Rebound
Canada’s housing starts are in a dig-out phase. The sharp-seeming 5.8% rise this month only takes starts back toward their recent local peak. Starts are sharply up from their financial crisis low point but are still well short of [...]
- Global| Feb 05 2010
OECD LEIs Make Strong Advances
The six-month progressions show that the OECD LEIs are getting progressively stronger. Over 12-months growth rates are positive; annualized rates accelerate over six months but growth rates backed off over three months. The OECD and [...]
- Global| Feb 04 2010
German Orders Dive In December
German Industrial orders are still rising Yr/Yr but they took a steep fall in December dropping by 2.3%. Foreign orders led the way lower falling by 3.2% with domestic-sourced orders off by just 1.4% Overall MFG sales also fell in [...]
- Global| Feb 03 2010
EMU Retail Sales And The Euro-Area Prospects For Stability
EMU areas retail sales continue to disappoint. Sales edged up in December and were revised higher in earlier months, infusing the series with some good news to help paper over the month of December’s poor showing. The sequential [...]
- Global| Feb 02 2010
German Retail Sales In Very Slow-Motion Recovery
German retail sales rose by 0.8% in both real and nominal terms (ex autos) in December. The rise still leaves the 3-month nominal growth rate for sales in a mild negative path while in real terms retail sales are flat over three [...]
- Global| Feb 01 2010
EMU PMIs Continue To Recovery
Euro-Area recovery continues - The EU/EMU nation PMIs continue to show recovery. Greece, with its economic difficulties and huge fiscal problems, already is showing signs of an uphill battle. Greece’s MFG PMIs are lower over three [...]
- Global| Jan 29 2010
Ain’t No Sunshine When It's Gone…Money Growth
Tight money isn’t funny – With the Fed’s balance sheet bloated like glutton at a roman feast, tensions have run high on the prospects of inflation. Like Mr Creosote in the Monty Python skit everyone is sure that with the equivalent of [...]
- Global| Jan 28 2010
EMU Recovery Remains In Force
The EU indices rose in January improving to -13 from -16 for all of EU. All the large country indices improved on the month from Germany to France to Italy to Spain to the UK. While the EU Service index is the highest raw reading at [...]
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