Yr/Yr EMU import growth is now exceeding export growth. Import growth is creeping up at a faster pace while export growth is being damped and is faltering. But sequential growth rates within the past year shows that most components [...]
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 17 2008Exports Slowing in the Zone; Imports improving...at least Yr/Yr
- Global| Jan 16 2008
RICS Survey Takes an Ongoing Dive
The UK economy continues to be a bit enigmatic. Unemployment is still declining. Economic activity seems to blow and cold. The financial chaos is threatening to take Northern Rock into the public domain. The economy is clearly [...]
- Global| Jan 15 2008
HICP is Rising in Many ECB Countries
Inflation is above the ECB top allowed mark in seven of nine early reporters in December, nearly 80% if them. Through November, 92% of the central 12 members of EMU have inflation running over 2%. That compares to 80% in October and [...]
- Global| Jan 14 2008
Euro Area IP Slows on Broad Front
Industrial output is dropping in November and more than offsetting the rise in October that followed another drop in September. The chart shows that while industrial output trends are ragged across sectors they are also losing [...]
- Global| Jan 11 2008
Japan’s Economy Watcher Index Measures Sink Sharply
The Economy watcher indices and the Teikoku indices are all at relative low points in their respective ranges. The headline economy watchers index is in the bottom 5% of its five year range. Still Japanese authorities say that the [...]
- Global| Jan 11 2008
OECD Leading Indicators Showing Declining Momentum
The OECD trend restores leading indicators show a slowing is in progress across the OECD area. The OECD prefers to look at 6-month changes in its indicators; these are presented for four separate non-overlapping periods at the bottom [...]
- Global| Jan 10 2008
French Industrial Production: Losing Momentum
French IP sank by more than excepted dropping by 1.5% in November. We can thank a French rail strike for some of this weakness. It’s one of the reasons the declines spread across sectors - the rail strike hit all sectors. But in the [...]
- Global| Jan 09 2008
German IP Slows, While Orders Grow...an Accelerate
MFG output fell in November after a rise of 0.1% in October and a flat September. Amid other circumstances this might seem a very chilling set of numbers. With this weakness the Q4 path for IP two months into the quarter is a pace of [...]
- Global| Jan 09 2008
German Retail Sales are a DISASTER in November
So much for strong German orders…. there is no carry over to the consumer. Retail sales in Germany are a disaster. We are 10 months away from the phase in of the VAT hike in January of 2007. That is why the Yr/Yr decline is still so [...]
- Global| Jan 09 2008
German Orders in Surprise Spurt
German real new orders are flying high again in November after another surprising spurt in October. After the October rise, a drop off in November orders had been expected - quite the opposite is the result. Orders are now growing at [...]
- Global| Jan 08 2008
EMU Retail Sales Volumes Still Sinking in Q4
EMU retail sales volumes fell by 0.5% In November and are off at a 4.2% annualized rate in Q4. The figures show the Euro Area as a region that is still unsupported by consumer activity. While German manufacturing seems to be still [...]
- Global| Jan 07 2008
PPI Headline Inflation Soars While ex Energy Prices Hold at a Too-High Pace
The Euro Area’s past two month’s headline gains for the PPI excluding construction were a sizeable +0.8% and +0.7%, respectively. These are huge increases. On the same period the ex-energy PPI rose by 0.1% and 0.4% a much better [...]
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