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 [...]
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 11 2008OECD LEIs Getting Ever Weaker…
- 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 [...]
- Global| Jul 09 2008
Euro-Growth is a Tick Weaker in 2008-Q1
Euro Area GDP grew by 0.7 percent (simple Q/Q rate; also 2.9% saar) in the first quarter from the fourth quarter, and was up 2.1 percent year on year. The figures show a downward revision to provisional figures reported on June 3. [...]
- Global| Jul 08 2008
German Industrial Output Now Points Clearly Lower – All Sectors Soften
The weakness in German industrial output is spreading and cumulating. Consumer goods output is off by 4% Yr/Yr a strong drop for an inflation adjusted series. Capital goods and intermediates goods output are still up Yr/Yr but are [...]
- Global| Jul 07 2008
UK IP Trends Turn Lower
UK IP is now lower in two of the past three months. The three-month moving average has turned negative. Weakness in the industrial economy is now spreading and deepening. The consumer sector is leading the weakness. Consumer durable [...]
- Global| Jul 03 2008
Service Sectors Are Weakening Across Europe
The service sector is eroding across Europe. France had resisted deterioration for some time but in recent months the French reading has dropped sharply. Spain and the UK have the weakest readings since this index was instituted on a [...]
- Global| Jul 02 2008
PPI Inflation Trends Continue Strong in the Euro Area
The charts show that trends in the PPI are still working their way higher. The table shows that energy and manufacturing sector inflation trends as well as the total excluding construction embody accelerating trends. Headline [...]
- Global| Jul 02 2008
Markit Indices Continue to Show MFG Declines in Euro Area
The June EMU MFG PMI moved below 50 for the first time since June of 2005. This signals EMU-wide MFG contraction. The dip comes ahead of a meeting of the ECB when it is expected to hike rates. EMU member finance ministers have been [...]
- Global| Jun 30 2008
EMU Inflation Goes Ballistic - Over 4%; Ceiling Still is 2%
The EMU HICP is now over 4% Yr/Yr. this is not a good result for a central bank that has set a ceiling of 2% for headline inflation. It is also running at a pace of just over 4% over three-months and six-months. No detail of prices is [...]
- Global| Jun 27 2008
EU and Country Sentiment Indices Falling Except for Italy
Setting the tone: The EU sentiment indices set the tone for the month’s upcoming reports. Overall EU sentiment, with its sharp drop over the past three months now resides below the mid point of its range in the 49.8th percentile and [...]
- Global| Jun 27 2008
Global and EMU Money Supply Slows…but Gradually
Money growth is slowing on a gradual pace. In EMU credit growth is slowing more rapidly, undoubtedly helped along by banks’ own credit tightening moves. The table shows that nominal money supply growth rates are slowly deteriorating [...]
- Global| Jun 26 2008
French Household Confidence is Diving
The French household confidence index fell to -46 in June from -42 in May. This series goes back to January of 1990. Since then there are 222 observations. This index is the lowest on this period. Living standards over the last 12 [...]
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