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.

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Global Economist, DeSaque Macro Research

Said Desaque

Global Economist

Macroeconomics

<ul>
<li>The Fed's transient inflation thesis hinges on temporary supply dislocations, but hitherto   little attention has been paid to the issue of persistent excessive aggregate demand.</li>
<li>US industrial production and imports have fully and very quickly recovery from the recession relative to history, thereby casting doubts about a completely inadequate domestic recovery in aggregate supply.</li>
<li>Global supply chains struggle to cope with the US recovery due to shortages and strong demand, while pipeline PPI and housing suggest inflation could remain stubbornly high. </li>
</ul>


The Fed's transient inflation thesis hinges on temporary supply dislocations, but hitherto   little attention has been paid to the issue of persistent excessive aggregate demand.
US industrial production and imports have fully and very quickly recovery from the recession relative to history, thereby casting doubts about a completely inadequate domestic recovery in aggregate supply.
Global supply chains struggle to cope with the US recovery due to shortages and strong demand, while pipeline PPI and housing suggest inflation could remain stubbornly high. 


Fed's Transient Inflation Thesis Facing Numerous Tests as Role of Excess Demand Downplayed