Delivering Global Macro Investment Insights

DeSaque Macro Research

DeSaque Macro Research Limited was formed by Said DeSaque in April 2012 with the view to delivering global macro investment insights aimed at providing new ideas to clients.

Said DeSaque has over 26 years of experience working as a professional economist in financial services. Prior to establishing DeSaque Macro Research, Said held positions as Senior Economist at Robert W Baird and William Blair. He began his career as a graduate at PaineWebber in 1986, where he eventually became Head of the London Economics Department.

Said takes a very keen interest in international relations, along with their implications for economic development. His research interests include the economic transformation of China and its implications for global capital markets, particularly in the United States. He is a member of Chatham House in London.

The US economy and capital markets have historically been Said’s main focus of attention. He frequently presents his views to institutional investors in diverse geographic locations. In recent years, Said has also been carefully monitoring economic developments in Asia, particularly China and Japan.

Global Economist, DeSaque Macro Research

Said Desaque

Global Economist

Macroeconomics

<ul>
<li>The Fed left its policy rate unchanged last week. Chairman Powell is concerned about high consumer inflationary expectations .  The Trump administration will play a role shaping interest rate expectations.</li>
<li>The legacy of US economic activity on global capital flows will not vanish overnight. Any replacement for the dollar must be convertible and able to fund borrowers in offshore markets.</li>
<li>Dollar depreciation against Asian currencies will produce economic headwinds due to the continued regional reliance on net exports. Trade finance is dominated by the dollar, even in regional transactions.</li>
</ul>


The Fed left its policy rate unchanged last week. Chairman Powell is concerned about high consumer inflationary expectations .  The Trump administration will play a role shaping interest rate expectations.
The legacy of US economic activity on global capital flows will not vanish overnight. Any replacement for the dollar must be convertible and able to fund borrowers in offshore markets.
Dollar depreciation against Asian currencies will produce economic headwinds due to the continued regional reliance on net exports. Trade finance is dominated by the dollar, even in regional transactions.


Fears of Dollar's Global Demise Overblown as Fed Avoids the Limelight