UK industrial production trends are not uniform. Consumer durable and nondurable goods output has been steadily - and in the recent period - strongly expanding. That makes the UK unlike most EMU countries with its strong consumer [...]
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| Sep 06 2007UK IP on Extended Fading Growth Trend
- Global| Sep 06 2007
UK IP on Extended Fading Growth Trend
UK industrial production trends are not uniform. Consumer durable and nondurable goods output has been steadily - and in the recent period - strongly expanding. That makes the UK unlike most EMU countries with its strong consumer [...]
- Global| Sep 05 2007
Service Sector Indexes for Euro area and the UK
Service sector trends are still rising in the Euro area and the UK. The services industry eased in August in the Euro area, if below the Zones 3-month average, but not by much. If these indexes are a litmus test on how much the [...]
- Global| Sep 05 2007
EU Retail Trends: At Odds
Euro area sales trends point lower. Food as well as nonfood trends are on the decline. These trends are weighted significantly toward the trends for Germany where the recent deterioration is severe. The UK (an EU not EMU member) and [...]
- Global| Sep 04 2007
Euro area PPI ex Energy is Excessive but Slowly Behaving
The EMU ex-energy PPI inflation rate is excessive. It is up by 0.2% in the month and at a 2.4% pace over three-months. Still over six-month its pace had been 3.2%. That deceleration is a hopeful sign, but it still leaves the pace of [...]
- Global| Sep 04 2007
Euro area PPI ex Energy is Excessive but Slowly Behaving
The EMU ex-energy PPI inflation rate is excessive. It is up by 0.2% in the month and at a 2.4% pace over three-months. Still over six-month its pace had been 3.2%. That deceleration is a hopeful sign, but it still leaves the pace of [...]
- Global| Aug 31 2007
German IFO Detail Slows Some Slippage Amid Strength
In the German IFO framework the biggest slippage seems to be in orders on hand, month-to-month demand, and business expectations. These measures have dropped into the 60th to 70th percentile ranges of their respective histories. These [...]
- Global| Aug 31 2007
EU Index Near a High but Losing Momentum
The accompanying chart is the paradox of Europe. Its sentiment index is very high yet there is already a clear loss in momentum. Historically, breaks in momentum have led to significant slow downs. So far this one has been different. [...]
- Global| Aug 30 2007
Consumer Confidence is Retreating in Italy
In early 1990 and again in early 2002, Italy scored its highest readings on this index. But since 2002 confidence has dropped. As the Euro area picked up, Italys confidence also recovered but could barely get half-way back to its [...]
- Global| Aug 30 2007
Japan Retail Sales Drop Sharply
Japan retail sales are mostly lower across the board. Special factors have hit the Japanese consumer to be sure. There was a radiation leak at a nuclear plant that turned out to be worse that was first reported. And then a power [...]
- Global| Aug 29 2007
World Liquidity
A look at global money and credit trends should be somewhat reassuring to those worried about the recent stock market downturn. Evidence shows that year/year money growth in countries/regions all around the globe had been quite [...]
- Global| Aug 28 2007
French Housing Starts Jump
In France home construction is being stimulated by new tax rules. The new fiscal incentives allow home-buyers to deduct 40% of their mortgage interest payments from taxable income during the first year of contracts signed after May 6 [...]
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