The all industries index dropped in June, its first drop in four months. The index still stands in the 88th percentile (top 12 percent) of its range. Construction fell again dropping to the bottom of its range. The all important [...]
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| Aug 20 2008Japan Sector Indices are Weakening…
- Global| Aug 20 2008
French Orders Show Some Life But Still Negative Trend
French orders edged higher in June as weak domestic orders were offset by strong foreign orders. Foreign orders were by a robust 2.6% m/m in June. Still for the full quarter orders are falling. Total orders are off at an11.3% annual [...]
- Global| Aug 19 2008
German PPI is Still Soaring: 27 Year High Pace
Although German officials are trying to calm the public about growth prospects the inflation numbers that being churned out are far from reassuring in inflation-wary Germany. Core PPI inflation is on a tear up to a 6.1% pace over [...]
- Global| Aug 14 2008
EMU GDP in Clear Downtrend and Declining Across the Board
EMU GDP fell in 2008 Q2the first time since EMU-wide GDP data have been collected. Declines were experienced across the main EMU nations. Yr/Yr EMU growth is still 1.5% Italy’s growth is flat year/year. Germany is still at 1.7% Yr/Yr. [...]
- Global| Aug 13 2008
EMU IP is FLAT
EMU IP came up flat in June but the declining trends are clear. Capital goods output, consumer goods output and intermediate goods output all are on declining profiles. Among large EU/EMU countries Germany is the main exception that [...]
- Global| Aug 13 2008
Euro Headline Inflation is Unruly; Core Setting Down
The inflation story in EMU/EU is clear but not uncomplicated. Inflation at 4% Yr/Yr has accelerated in terms of its headline the only measure the ECB claims to have designs on. But oil prices have dropped. That should pave the way for [...]
- Global| Aug 12 2008
Japan's GDP Slows and Contracts
Officials in Japan have become more worried in recent weeks even saying that they cannot be sure that the economy is not now in recession. It’s GDP for 2008-Q2 tells that story. GDP is declining at a weak 2.4% pace in Q2 (Saar). The [...]
- Global| Aug 11 2008
French IP is Losing Momentum Across Sectors
In June French IP fell by 0.4%, unexpected weakness. It has now dropped in two of the past three months and is falling sharply in the current quarter, at a -5.3% annual rate. Italy, like France, has had a very weak May but managed [...]
- Global| Aug 11 2008
French IP is Losing MomentumAcross Sectors
In June French IP fell by 0.4%, unexpected weakness. It has now dropped in two of the past three months and is falling sharply in the current quarter, at a -5.3% annual rate. Italy, like France, has had a very weak May but managed [...]
- Global| Aug 08 2008
OECD Indicators Do Not Point to Good News
The OECD Trend-restored LEIs tell a story that is now becoming familiar in the markets. The US is still weakening. But Europe is weakening faster. Just today Italy reported a DECLINE in GDP for 2008Q2. Nout Wellink, an ECB board [...]
- Global| Aug 08 2008
Japan’s Economy Watcher’s Index Plunges
Too much watching, not enough spending? Japan’s economy watchers index has dropped sharply. Its components are all on 5-Year lows and have been that way for two months running. The NTC MFG index is on a five year low. The Teikoku [...]
- Global| Aug 07 2008
Germany's Weakness in IP Does Not Stand Alone
Weakness in industrial output is now a growing EU-wide phenomenon based on the large countries’ results. Among the early reporting large countries Germany, Italy and the UK show negative growth rates for real output in 2008-Q2. Only [...]
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