German output shows signs of slowing. The sequential growth rates in the table demonstrate that growth has slowed steadily from 12-mos to 6-mos to 3-mos. Output of consumer goods, weak over the entire period has weakened further in [...]
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 08 2008German Output in Slight Slowing
- Global| Feb 07 2008
UK Industrial Production Growth Slows to a Crawl
UK industrial production slowed sharply in December and major trends are all pointing lower. IP in December was weaker than had been assumed in the UK GDP report, raising the possibility that GDP could be revised lower. The quarterly [...]
- Global| Feb 07 2008
French Trade Flows Slow; Imports Drop Sharply
The French trade trends show a declining profile in both the export and import rates of growth. French export growth shows faltering growth trends across its main categories except motor vehicles that rose over three months as well as [...]
- Global| Feb 07 2008
German Orders Still Strong, but More Are Disbelieving
German orders for December were stronger than expected, a mild positive surprise to markets. With the economy showing weakening signals and the euro strong, sentiment is shifting to look for some weaker results. As a result the spin [...]
- Global| Feb 06 2008
French Retail Sales Trend Slips
French sequential growth rates are working their way lower for the volume of total retail sales. Passenger car registrations have, however, picked up a bit. The spike up in car registrations has to do with some changing regulations in [...]
Not every inflation report or trend in the EMU is bad news. But the news is still not pleasing to an ECB that is trying to inherit the mantel of inflation fighting respectability from the Bundesbank. Inflation in the Euro Area [...]
- Global| Feb 05 2008
EMU Retail Sales Sink…Again
EMU retail sales are doing badly. German sales look worse than they are in the yr/yr graph due to the comparison with the December base in 2006 just ahead of the introduction of the VAT hike in 2007. That pushed activity into Dec of [...]
- Global| Feb 05 2008
Europe’s Service Index Drops as US ‘Service’ Index Collapses
So much for de-coupling The US and Europe, arguably, have never been more in sync (or maybe I should say sink) than they are right now. Europes MFG PMI is holding up as is the MFG index in the US. Oddly, in both countries, it is [...]
- Global| Feb 04 2008
PPI Main Sector Trends Still Excessive But Lose Some Momentum
PPI Trends. PPI trends are accelerating for the headline measure as well as for key country level headlines for inflation.In the Euro area inflation continues to flare for energy and for MFG goods more generally. Capital goods [...]
- Global| Feb 01 2008
NTC Shows a Rebound in Europe
The NTC MFG PMIs show that EMU MFG took a hit to growth late in 2007 but has been on a steady mend since then. The EU Commission readings do not share such a benign view as that report’s industrial sector as its readings are still [...]
- Global| Jan 31 2008
EU and Country Level Confidence is Still Sinking
At 103.2, the EU confidence index fell by two points following a nearly one point drop in December. The sentiment index now resides at the border of the 70th percentile of its range since 1990. In absolute terms services and the [...]
- Global| Jan 31 2008
German Retail Sales Continue to Slow
German retail sales in December did nothing to make large piles of presents appear under the old tanenbaum. Retail sales ex autos, German clothing sales and vehicle sales (that lag for now) each shows a dwindling trend. In the fourth [...]
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