Italys trade balance trend is slipping, too. Imports outpaced exports in May. Exports fell faster than imports of the past three months. Over six and 12-months goods exports have grown faster than goods imports. For services imports [...]
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| Jul 18 2007
Italy’s Exports and Imports Slow, but Exports Still Exceed
Global| Jul 17 2007
METI Sector Surveys Show Some Weakness in May
The Industry index from METI is in a sharp decline and is lower over six months for a period of three months running. Services (the tertiary index) tend to be more stable. Their index has slowed in the past few months and even fell in [...]
Global| Jul 16 2007
HICP Trends Show Pressure
The chart on select core HICP readings violates the rule on how many lines to plot on a graph (sorry). But the clear message is that few of these are trending lower and most are trending up. Among those that have any trend lower, [...]
Global| Jul 13 2007
EMU Inflation Trends Show Success and Reason to be Wary…
The accompanying charts show those EMU countries for which we have an early read on June inflation. Finland, Belgium and France show rates of change below the 2% mark. Germany, Italy and The Netherlands are also below the 2% ceiling, [...]
Global| Jul 13 2007
Bank of France Business Index is Flat in June
The BOF Outlook index hit a local peak from Mar 07; It is flat in June. The Bank of France Business report is a comprehensive survey on businesses and their expectations. The table below is a summary of the more extensive report with [...]
Global| Jul 09 2007
German IP is Up but Less than Expected and is Lagging Orders Growth
German industrial output rose a firm-looking 1.9% in May, but since that followed a 2.1% drop in April the results were not as expected and were disappointing. These two months follow a mild 0.2% rise in May. As a result in Q2 German [...]
Global| Jul 09 2007
Economy Watchers Index Edges Lower and Future Index Weakens
Economy watchers survey results are in the lower quarter or third of their respective five year ranges. The NTC Manufacturing survey is in the bottom one percentile of its range. Teikoku Results for Manufacturing are weakening, but [...]
Global| Jul 09 2007
Economy Watchers Index Edges Lower and Future Index Weakens
Economy watchers survey results are in the lower quarter or third of their respective five year ranges. The NTC Manufacturing survey is in the bottom one percentile of its range. Teikoku Results for Manufacturing are weakening, but [...]
Global| Jul 06 2007
French Trade Deteriorates While German Foreign Orders Soar
French exports have relatively long lived and broad based declining trends across industries. This is very different from the German results also reported today that showed such strong orders from overseas. While Germany may have [...]
Global| Jul 05 2007
Japan’s LEI Rose in May: Signal Still Uncertain
Japans May rise in its LEI is the second in a two months technically, but is still not very impressive. Most growth rates still show it declining (see chart and table). However, over two years the index does post an annualized rate [...]
Global| Jul 05 2007
Euro Area Retail Sales Slow
German sales remain weak and its not all VAT at this point. Italy is weak. France is robust. Overall Euro area retail sales volume fell by 0.5% in May and are up by just 0.1% over three months and off by 0.2% over six months. Nonfood [...]
Global| Jul 05 2007
Euro Area Retail Sales Slow
German sales remain weak and its not all VAT at this point. Italy is weak. France is robust. Overall Euro area retail sales volume fell by 0.5% in May and are up by just 0.1% over three months and off by 0.2% over six months. Nonfood [...]
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