The domestic and foreign orders trend lines now both have discernable downtrends. Growth rate calculations over the key sequential periods also show that declines are becoming more intense in both sectors. Over three months, for [...]
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 23 2008Euro Area Orders Drop Sharply in May
- Global| Jul 23 2008
Euro Area Orders Drop Sharply inMay
The domestic and foreign orders trend lines now both have discernable downtrends. Growth rate calculations over the key sequential periods also show that declines are becoming more intense in both sectors. Over three months, for [...]
- Global| Jul 22 2008
Japan’s All-industries Index is Still Very Upbeat
Japan’s sector indices show that the main all-industry reading is up in May and stands strongly in the 95th percentile of its range. The construction index is off sharply and continues to be very weak. The table plots 12-month changes [...]
- Global| Jul 18 2008
French and Italian Orders Scream WEAKNESS!!
WEAKNESS!! French and Italian industrial orders fell sharply in May joining the chorus of Euro signals that are screaming ‘weakness!’ For each country both domestic and foreign orders fell sharply. Each country had posted an increase [...]
- Global| Jul 17 2008
Italy’s Trade Shows Deeper Deficit
Italy’s goods trade deficit emerged in May after April posted a surplus. The current deficit widened. Imports are now faltering with capital goods and transport categories showing outright declines Yr/Yr as domestic weakness takes its [...]
- Global| Jul 16 2008
Euro Area HICP Sees Core Decelerate
Although the ECB policy remains steadfastly fixed on the behavior of the HICP headline, it is the HICP core that is showing signs of behaving. The six month pace of the core at 2.3% is as low as it has been since Oct 2007 (eight [...]
- Global| Jul 15 2008
ZEW Components Weak Expectations Are a Disaster
The Zew index took a real turn for the worse. Expectations are on an all time low. German denial is coming rapidly to a close. Belief in the de-linked business cycle is going the way of belief in the tooth fairy. It’s something you [...]
- Global| Jul 14 2008
UK Losses Grip on PPI Inflation
You can like Mervyn King, Governor of the BOE, and BOE itself. But that bank has lost its grip on inflation, at the PPI level and that is chilling. PPI inflation has absolutely surged sending the CORE PPI rate up by 6.3% Yr/Yr and the [...]
- Global| Jul 14 2008
Euro Area IP Trends Point Lower
Even capital goods output trends in Europe are begging to look strained. Manufacturing IP is in its first decline since May of 2005 on a Yr/Yr basis. The month-to-month 1.4% output drop is the largest since Sept 2007. The drop is [...]
- Global| Jul 14 2008
Euro Area IP Trends Point Lower
Even capital goods output trends in Europe are begging to look strained. Manufacturing IP is in its first decline since May of 2005 on a Yr/Yr basis. The month-to-month 1.4% output drop is the largest since Sept 2007. The drop is [...]
- Global| Jul 11 2008
OECD LEIs Getting Ever Weaker…
The OECD cyclically adjusted leading indicators are pointing severely lower. Japan continues to point to recovery in the LEI scheme of the OPED, yet many Japanese domestic indicators continue to unravel such as its consumer confidence [...]
- Global| Jul 10 2008
Europe is Taking a Turn for the Worse…
Industrial output in the Euro Area is now in a clear downturn, judging from the trends in the Zone’s main economies. For a while, as the euro rose in value, it seemed as though the Euro Area was bullet-proof. German industrial [...]
- of362Go to 316 page