The upswing in durable goods trends is still in progress although the weakness in May has reduced much of its clout and blunted the Yr/Yr gain. Durable goods orders are down by a sharp 2.8% m/m in May after gains of 1.1% in April and [...]
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| Jun 27 2007U.S. Durable Goods Month Down, Trends Still Up - but for How Long?
- Global| Jun 27 2007
U.S. Durable Goods Month Down, Trends Still Up - but for How Long?
The upswing in durable goods trends is still in progress although the weakness in May has reduced much of its clout and blunted the Yr/Yr gain. Durable goods orders are down by a sharp 2.8% m/m in May after gains of 1.1% in April and [...]
- Global| Jun 26 2007
Not a Shining Moment for U.S. Consumer Confidence
The present situation index is doing its leap frog advance thing and this month is one of its landing hops not an advancing hop. Expectations have moved to a weak flat-lining mode as they often do at mature stages of an expansion. If [...]
- Global| Jun 26 2007
Housing Slowing Bouncing Maintaining Its Rise…Good Sign
Housing is still in the grip of a downtrend but prices are not plunging or even weakening further nor are sales trends worsening; in fact, they are showing some signs of stability. Housing rebounded in April and maintained most of its [...]
- Global| Jun 26 2007
German Export and Import Price Inflation
German export and import inflation is less more subdued than are domestic trends. German export and import prices excluding energy flared to peaks in the second half of 2006. But now as they subside, it is Germany domestic excluding [...]
- Global| Jun 25 2007
Existing Home Sales
Edge lower by 0.3%- two of four regions drop. The monthly series of existing housing sales continues to show weakness but it also shows that weakness has been diminishing. Above we plot a three-month moving average of Yr/yr growth [...]
- Global| Jun 25 2007
Existing Home Sales Edge Lower by 0.3% - Two of Four Regions Drop
The monthly series of existing housing sales continues to show weakness but it also shows that weakness has been diminishing. On the left we plot a three-month moving average of year/year growth rates. It shows that all regions except [...]
- Global| Jun 25 2007
Existing Home Sales Edge Lower by 0.3% - Two of Four Regions Drop
The monthly series of existing housing sales continues to show weakness but it also shows that weakness has been diminishing. On the left we plot a three-month moving average of year/year growth rates. It shows that all regions except [...]
- Global| Jun 22 2007
IFO Index Drops to 107 from 108.6
Germany's IFO index fell sharply in June from 108.6 to 107. It stood at 108.6 for two months in a row and peaked in this cycle back in December 2006 at 108.7. No wonder the IFO says that levels are still high and that the economy is [...]
- Global| Jun 22 2007
European Orders Fall by 0.4% in April
European orders fell by 0.4% in April, less than expected, as bulk orders rose and boosted the headline. And while bulk orders do count they can often blur the trend and mask changes. That is probably the effect right now as [...]
- Global| Jun 21 2007
ISAE Consumer Confidence in Italy
Italys consumer confidence fell off after peaking in February 2002. It bottomed in May 2004 and has been on a moderate rising trend ever since. But since March of 2007 a new down trend has developed. The new weakness in Italys [...]
- Global| Jun 21 2007
European Retail Sales
With new figures on retail sales for France and Italy we have a better idea of emerging sales in the Euro area for Q2 2007. With one months data fully out the overall retail volume trend is advancing, even if it is weaker year-over- [...]
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