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.

Trump Versus the Fed: President Will Get His Way

Bond Market Monitor: TRUMPoline Projectile

Asian Bond Monitor: Asian Bonds for the Upcoming Recession

Global Economist, DeSaque Macro Research

Said Desaque

Global Economist

Macroeconomics

<ul>
<li>The prospects for wider trade wars have risen given the announcements by the Trump administration of reciprocal tariffs and a blanket tariff on steel and aluminium.</li>
<li>Treasury Secretary Bessent has announced his desire to reduce the US interest term structure across all maturities instead of focusing on short-term interest rates. Less profligate fiscal policy will help. </li>
<li>President Trump is committed to a strong dollar policy. Secretary Bessent believes China will be forced to absorb the impact of tariffs via lower export selling prices and profit margins.</li>
</ul>


The prospects for wider trade wars have risen given the announcements by the Trump administration of reciprocal tariffs and a blanket tariff on steel and aluminium.
Treasury Secretary Bessent has announced his desire to reduce the US interest term structure across all maturities instead of focusing on short-term interest rates. Less profligate fiscal policy will help. 
President Trump is committed to a strong dollar policy. Secretary Bessent believes China will be forced to absorb the impact of tariffs via lower export selling prices and profit margins.


Trump Raises the Ante on Tariffs as Treasury and Fed Start New Relationship Under Secretary Bessent