Chief Economist & Political Strategist, CrossASEAN Research

Prasenjit K. Basu

PK Basu has 34 years experience covering Asia's economies and markets (equities, fixed income and currencies), including 20 years covering the global economy. He was Chief Economist (SE Asia & India) at Credit Suisse First Boston for 5 years, and Chief Asia (x-Jpn) Economist at Daiwa Securities for a similar period. Among other roles, he was global head of research at Maybank Kim Eng, Malaysia equity research head and chief ASEAN economist at Macquarie, Chief Economist at ICICI Securities, ASEAN economist at UBS and the first chief economist at Khazanah Nasional (where he was co-head of research, and led all agri-business initiatives). PK Basu started his career in the Asia Service of WEFA (Wharton Econometrics) in Philadelphia in 1990, rising to be Director of their Asia Service in June 1994. 
PK's book, "Asia Reborn: A continent rises from the ravages of Colonialism and War to a New Dynamism" won the Tata Literature First Book Award (non-fiction) for 2018. It is the first single chronicle of the modern economic and political history of the whole of Asia (from Iraq and Turkey to Korea and Japan, and everything in between), told from an Asian perspective.

Chief Economist & Political Strategist

NFP Gives the Green Light for Globally Concerted Tightening, Despite Persistent Disinflation

The Trump Ineptitude Trade: Over or Just Beginning?

Macron's Magical Run Continues: Good for the Euro

France Beating Britain in the Long Game: +ve for the EU in the Near-Term, Less so in the Long Haul

REAL-Economics.com

Macroeconomics

<p>The weak greenback will continue to prolong the Emerging Market rally, helped by obligatory buying of Chinese equities as investors respond to the (small) inclusion of A-shares in the MSCI indices, keeping China liquid until the November leadership transition. </p><p>We started the year with a contrarian call for last year's Euro-weakness to end (<a href="https://www.smartkarma.com/insights/the-return-of-inflation-why-the-days-of-euro-weakness-are-numbered" target="_blank" data-smartkarma-citation="insights:8006">The Return of Inflation: Why the Days of Euro Weakness Are Numbered</a>), and the Eurozone inflation data steadily reinforced our conviction. Ironically…</p>

The weak greenback will continue to prolong the Emerging Market rally, helped by obligatory buying of Chinese equities as investors respond to the (small) inclusion of A-shares in the MSCI indices, keeping China liquid until the November leadership transition. We started the year with a contrarian call for last year's Euro-weakness to end (The Return of Inflation: Why the Days of Euro Weakness Are Numbered), and the Eurozone inflation data steadily reinforced our conviction. Ironically…

Draghi's Talk Of "Reflationary Forces" Reinforces Trend Strength in Euro Amid Flatter US Yield Curve