The ISAE business index is still in a weakening trend. However, it currently only hovers near the midpoint of a range it has occupied over the last eight years. But looking at the table below we see that the domestic economy is [...]
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| Jan 29 2008ISAE Biz Confidence Edges Lower
- Global| Jan 29 2008
UK Retail Sector Continues to Ramp Down
Weakness remains in play in the UK retail sector. In January the ‘+4’ orders and sales results continue a trend of progressively weaker net balance results that extends back to early 2007. Still those readings bested the ‘-5’ for [...]
- Global| Jan 28 2008
Money Growth
On the face of it money supply growth should not give us much cause to fear recession. The US and UK show slowdowns in high frequency growth rates of money supply but only the US three-month rate is a negative one; and three-month [...]
- Global| Jan 25 2008
French Biz Confidence Hovers Just Short of Recent Highs
France’s business climate indicator is steady this month at 109; over 12 months the index is rising at a steady 2.8% annual rate. Still there is no sign of advance in the index since March of 2007 when it has hovered between 108 and [...]
- Global| Jan 25 2008
Excluding Energy, Trends are Turning in Germany
German import prices surged by 0.5%. But strip out energy and the rise is reduced to 0.1%; export prices excluding energy are flat, too. Year-over-year import prices excluding energy are up by 0.1%; export prices on that basis are up [...]
- Global| Jan 24 2008
Italy’s Consumer Confidence Falls Well Below Past Recession-Start Levels
Italy shivers while the Euro Area overheats: What good can come of this? Not only is PM Prodi having a difficult time, but so is the Italian consumer. Whatever fate awaits Prodi, the consumer is already giving a vote of no-confidence [...]
- Global| Jan 24 2008
Germany’s IFO Index Bounces on Improved Expectations
Bounce raises the question of EMU-US de-coupling. Apparently Germans agree… They agree with the ECB that weakness does not threaten Germany or Europe and they see better times ahead as the IFO expectations index that looks six months [...]
- Global| Jan 24 2008
Japan’s Imports Hold Up As Exports Slow
Japan’s exports show a withering trend as Japan’s imports continue to rise at a brisk pace. Export and import price indexes, however, show that export volumes are being maintained better than the nominal figures tell us as export [...]
- Global| Jan 23 2008
European Orders Surprise with a Spurt in November
With various country indices showing slowing the EMU orders aggregate for November rose and was surprisingly strong showing a gain of 2.7% following a rise of 2.5% in Oct. Two months into Q4 data show total MFG orders rising at a [...]
- Global| Jan 22 2008
UK Industrial Sector Shows no Sign of Weakness, but Hints at Inflation
UK orders are holding in positive territory, but not by much. Order volumes expected in 3-Mos snapped back in January. Prices are staying very strong in the range in the top seven percent since end 2000. Export orders did tick back [...]
- Global| Jan 21 2008
German PPI: Oh, BEHAVE! …and it does
The German PPI was flat in December after a 0.9% surge in November. The ex energy PPI rose by 0.1% after rising by 0.1% in November and by 0.2% in October. No sign of second round effects here. While the EBC is worried about building [...]
- Global| Jan 18 2008
Japan MFG and Service Sectors still growing…but slower
Japans tertiary (services) sector index is a fresh release and it signals a modest rebound in activity in November as the sector index edges up to 100.6 form 100.5. Its growth rate (y/y) rises to 1.1% for a 0.9% in November, but is [...]
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