EMU import growth is slowing but export growth is slowing faster. As a result EMU has developed its first trade deficit in 16 months. Germany and Finland the two EMU countries with the lowest inflation rates in the last 10 years [...]
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 15 2008EMU Trade Deficit Emerges
- Global| Feb 15 2008
BOF Biz Indicators Softens
The Bank of France monthly business survey for January 2008 shows that production has held up but that there is a clear gnawing away at past trends. The chart at the top shows that the Biz indicators have been fairly flat recently but [...]
- Global| Feb 14 2008
GDP Slows on a Very Broad Front
GDP growth is slowing on a broad front. German GDP is slowing year/year for four straight quarters. For most other countries Q3 growth brought an up tick that quarter and interrupted what would have been similar long strings of GDP [...]
- Global| Feb 13 2008
Japan's Consumer Confidence Very Weak
Japan’s consumer confidence survey did not used to be monthly. That is why the chart shows its past as a quarterly report represented by unconnected dots co-joined with its new form in which the dots are connected month-to-month. [...]
- Global| Feb 13 2008
IP Sinking in All Sectors
All EMU industrial sectors are seeing a considerable decline in their rates of growth for industrial output. Capital goods has been a strong sector in Europe and we have seen orders for capital goods holding up especially in Germany. [...]
- Global| Feb 11 2008
Italy’s IP is Sinking Fast…
Italy is the most troubled of the large EMU economies. It’s Industrial Output is declining on a clear downward trend. For its three major sectors, Consumer goods, Intermediate goods and Capital goods output trends are declining over [...]
- Global| Feb 11 2008
French IP Rebounds Without Enthusiasm
France's IP was kicked down in November as a transit strike slowed the France economy. A December rebound was expected. But the rebound is less that the November drop, stirring suspicions that growth may be more fundamentally impaired [...]
- Global| Feb 11 2008
French IP Rebounds WithoutEnthusiasm
France's IP was kicked down in November as a transit strike slowed the France economy. A December rebound was expected. But the rebound is less that the November drop, stirring suspicions that growth may be more fundamentally impaired [...]
- Global| Feb 08 2008
Economy Watchers to Very Deep Depths…
Japan’s Economy watchers Index and the Teikoku Indices show the weakest economic readings in five years. The economy watchers indices are down to values of around 30 to 36. And while they are the weakest we have seen in 5 years they [...]
- Global| Feb 08 2008
OECD Leading Indices Drop: Except Japan
The OECD indices sure do look like ‘slowdown’ but with the exception of Japan, the indicated weakness is not yet that severe. In the case of Japan, while the OECD reading had been severe, its low point has passed as Japan’s signal now [...]
- Global| Feb 08 2008
German Output in Slight Slowing
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 [...]
- 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 [...]
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