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.

Rising US-China Trade Tensions Shifts Focus to the Next Five-Year Plan

China: Winning the Trade War While Still Imploding Domestically

China & HK: Rebuild Slows Amid Heavy Sector and Stock Rotation

Global Economist, DeSaque Macro Research

Said Desaque

Global Economist

Macroeconomics

<ul>
<li>China’s exporters do not share the same optimism as financial markets with respect to recent tariff truce with the US. Exporters expect more turbulence as the tariff truce nears expiration.</li>
<li>Higher direct investment by Chinese companies into the US via joint ventures and technology transfers could be a win-win outcome for both sides, given China’s low level of direct investment.</li>
<li>Alignment of economic interests could soften the blow to the global economy due to a smaller US trade deficit, involving China boosting consumption and the US boosting investment to export.</li>
</ul>


China’s exporters do not share the same optimism as financial markets with respect to recent tariff truce with the US. Exporters expect more turbulence as the tariff truce nears expiration.
Higher direct investment by Chinese companies into the US via joint ventures and technology transfers could be a win-win outcome for both sides, given China’s low level of direct investment.
Alignment of economic interests could soften the blow to the global economy due to a smaller US trade deficit, involving China boosting consumption and the US boosting investment to export.


Reducing China-US Trade Tensions Requires Better Alignment of Economic Interests