The German IFO Index shows a broad weakening in its various sector indexes. Like the EU index, the decline though broad is also slow. The business expectations index is now only in the top one-third of its range the current situation [...]
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 28 2007The German IFO Index Shows a Broad Weakening
- Global| Sep 28 2007
EU Growth and Inflation Conditions
Sentiment fell across the EU region in September. The drop was widespread but not severe. Consumer sentiment had the lowest absolute reading but retail sentiment fell the most in September, dropping by five points. Construction [...]
Currency rates are after all the price of one money in terms of another. But currency values are not simply determined by the size or growth in relative money stocks. EMU money supply is now growing faster than the US money supply [...]
- Global| Sep 27 2007
US Homes Sales Still Weakening...but at a Progressively Slower Pace
The growth rates in the table below tell an erratic story of trends in the U.S. housing sector. Prices finally are lower year/year but are still, on balance, higher over the past four. Sales of new homes by region have very different [...]
- Global| Sep 27 2007
Despite Q2 Spurt Trend in the U.S. is Slowing
GDP’s growth in Q3 was revised down marginally in the final estimate to 3.8% from 4% previously. Growth was chipped away in a number of sectors including structures and exports while imports were revised higher. Imports drain growth [...]
- Global| Sep 27 2007
Despite Q2 Spurt Trend in the U.S. is Slowing
GDP’s growth in Q3 was revised down marginally in the final estimate to 3.8% from 4% previously. Growth was chipped away in a number of sectors including structures and exports while imports were revised higher. Imports drain growth [...]
- Global| Sep 26 2007
U.S. Durable Goods Orders Drop by 4.9% in August after 6.1% Spurt in July
Durables goods orders fell sharply in August by 4.9% after a 6.1% spurt in July. Excluding transportation, orders fell by 1.8% after a +3.4% in July and a 1.3% drop in June. Orders growth has been erratic. Still, trends are for the [...]
- Global| Sep 26 2007
U.S. Durable Goods Orders Drop by 4.9% in August after 6.1% Spurt in July
Durables goods orders fell sharply in August by 4.9% after a 6.1% spurt in July. Excluding transportation, orders fell by 1.8% after a +3.4% in July and a 1.3% drop in June. Orders growth has been erratic. Still, trends are for the [...]
- Global| Sep 25 2007
U.S. Consumer Confidence Drops Off Sharply
With the September Conference Board report we have a bit more of a dilemma on our hands. While the August job report was very weak as the month went on consumer confidence did not weaken from its earliest readings which were [...]
- Global| Sep 25 2007
U.S. Existing Home Sales Weakness Accelerates in the West
As of last month, the Northeast had seemed to stabilize. So had the Midwest. In the South conditions had still been easing but with a hint of flatness month/month in July. But in August the South saw sales fall again and the West saw [...]
- Global| Sep 25 2007
U.S. Existing Home Sales Weakness Accelerates in the West
As of last month, the Northeast had seemed to stabilize. So had the Midwest. In the South conditions had still been easing but with a hint of flatness month/month in July. But in August the South saw sales fall again and the West saw [...]
- Global| Sep 24 2007
Belgium National Bank Index Softens
Belgium is not one of the large EU countries. But it is situated in the heart of the union and it does issue an index ahead of those issued by other EU member countries. It is the timeliness of this index and its correlation with the [...]
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