Euro Area inflation was revised higher in March and now is expanding at a 3.6% annual rate, not quite as fast as the universe, but fast enough to create a gnashing of teeth at the ECB. Yesterday, Juergen Stark of the ECB said that [...]
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| Apr 16 2008Already High, Euro Area Inflation is Revised Up
- Global| Apr 15 2008
U.K. RICS Survey at All-time Low for House Prices
The Royal Institution of Chartered Surveyors' (RICS) said that 78.5% more surveyors reported a fall than a rise in house prices in March. This was the weakest reading since RICS began the survey back in 1978. Since 1999 new sales [...]
- Global| Apr 14 2008
UK PPI Prices Soar in March
UK producer prices spurted in March with the headline rate rising to a 17 year high at 6.2% Yr/Yr. Core as headline prices continued to move up and do so in the wake of a BOE rate cut. National Statistics said that the BOE did not [...]
- Global| Apr 14 2008
Euro Area IP Looses Some Momentum
The e-Zone is showing some loss in momentum particularly among consumer goods and intermediate goods industries. Capital goods momentum has remained in tact albeit with hints of weakness in its recent volatility. In the quarter to [...]
- Global| Apr 11 2008
OECD LEIs Show Continued Slowdown Signal
The OECD Leading indicators show weakness on a broad scale especially when viewed in their preferred habitat as six month percentage changes. On that basis, however, Japan is showing some more hopeful readings (increases!) even as [...]
- Global| Apr 10 2008
French and Italian IP: Both Strong in 2008-Q1
France and Italy often put their respective industrial sectors on a common trend. Although French IP has been expanding from mid 2006 to late 2007, Italy’s IP was declining and losing momentum in that period. However from late 2007 [...]
- Global| Apr 09 2008
German Trade Picture Produces a Higher Surplus on Weak Imports
The German trade picture shows a month-to-month slowing imports and flat exports. The slowdown in both the flows may be just monthly volatility or something more ominous. So far Europeans have remained up beat on their economic [...]
- Global| Apr 09 2008
UK Output: Suddenly on the Mend
The sequential growth rates for January tell the story compared to their February counterparts: In January year/eayr output growth was 0.7% sliding to an annual rate of 0.6% over six months and to a pace of 0.4% over three months. UK [...]
- Global| Apr 04 2008
German Orders Fall in January and February - Is Euro to Blame?
German foreign orders is a very volatile series – even when expressed as Yr/Yr gains. While both the domestic and foreign orders series are ragged, each shows a tendency for orders growth to decelerate (see graph). Foreign orders are [...]
- Global| Apr 04 2008
German Orders Fall in January andFebruary - Is Euro to Blame?
German foreign orders is a very volatile series – even when expressed as Yr/Yr gains. While both the domestic and foreign orders series are ragged, each shows a tendency for orders growth to decelerate (see graph). Foreign orders are [...]
- Global| Apr 03 2008
UK Service Sector Takes a Hit in March
The UK service sector index for March is a fresh release and it shows a drop in the index to 52.11 from 54.05 in February. At that level the service sector index lies in the 33rd percentile of its range of values since 1995. The MFG [...]
- Global| Apr 03 2008
European Consumer Spending Weakens in February
Retail sales are clearly damaged goods in the Euro Area. The drop in February sales was not expected. Two months into the new quarter retail sales volume growth is dead flat. Trend spending growth shows all negative numbers but the [...]
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