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: Getting Too Optimistic About Easier Fed Policy?

US Political Backdrop Keeps Economy Range Bound Despite Dovish Fed Pivot

Fed Still Intent on Lowering Policy Rate Despite Inflation Uncertainties

Future US Productivity Growth: Crucial for Disinflation, Fed Policy Conduct, and Corporate Profits

Implications of Immigration on Future Fed Policy Conduct and US Equity Returns

Global Economist, DeSaque Macro Research

Said Desaque

Global Economist

Macroeconomics

<ul>
<li>Consumer confidence measures have been generally weaker in H1, thereby suggesting a major improvement in underlying spending trends is unlikely in the near-term. </li>
<li>House price inflation has moderated due to lower demand, while banks have not loosened lending standards across all categories of mortgage loans. </li>
<li>Recently released minutes of the latest FOMC meeting indicate that members expect the economy and inflation to cool, but they are in no hurry to lower the federal funds rate.</li>
</ul>


Consumer confidence measures have been generally weaker in H1, thereby suggesting a major improvement in underlying spending trends is unlikely in the near-term. 
House price inflation has moderated due to lower demand, while banks have not loosened lending standards across all categories of mortgage loans. 
Recently released minutes of the latest FOMC meeting indicate that members expect the economy and inflation to cool, but they are in no hurry to lower the federal funds rate.


Fed Sees Economy Cooling as Leading Indicators Also Suggest Softer Looming Trend