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.

US Financial Markets Ignore Economic Data as Election Outcome and COVID-19 Uncertainties Linger

New US Shutdowns Raise Questions About the Economic Outlook and Small-Cap Equity Valuations

Ensuring US Economic Growth: Next US Administration Faces Short Honeymoon to Deliver Promises

US Economy Defies Doomsayers as Treasury's Record Cash Balance Prepares Ground for Further Stimulus

Reasons Why the US Economic Recovery Should Defy the Doomsayers

Global Economist, DeSaque Macro Research

Said Desaque

Global Economist

Cross Asset Strategy

The failure of the Democrats to achieve their so-called "blue wave" has not prevented a rally in US equities in the aftermath of the Presidential Election. Political gridlock increases the prospects of continued non-inflationary growth and, consequently, supportive monetary policy from the Fed.
Political gridlock in Washington has historically been beneficial for US equities, largely because economic management passes by default to the Fed. Meanwhile, divided government has produced its most superior returns since 1980, a period of extremely high Fed credibility compared to the earlier post-World War 2 period.
The importance of Fed Chair Powell in economic management will increase significantly in the aftermath of the disputed election, particularly given the likelihood of diluted fiscal stimulus next year.

The failure of the Democrats to achieve their so-called "blue wave" has not prevented a rally in US equities in the aftermath of the Presidential Election. Political gridlock increases the prospects of continued non-inflationary growth and, consequently, supportive monetary policy from the Fed.
Political gridlock in Washington has historically been beneficial for US equities, largely because economic management passes by default to the Fed. Meanwhile, divided government has produced its most superior returns since 1980, a period of extremely high Fed credibility compared to the earlier post-World War 2 period.
The importance of Fed Chair Powell in economic management will increase significantly in the aftermath of the disputed election, particularly given the likelihood of diluted fiscal stimulus next year.

Fed Chair Powell Becomes the Most Powerful Person in Washington DC After Presidential Election