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.

Global Fallout from Strong Dollar Spreads, but the Fed Does Not Care

Global Economist, DeSaque Macro Research

Said Desaque

Global Economist

Macroeconomics

<ul>
<li>Central banks that try to match the Fed's actions to prevent currency weakness could be forced to capitulate as the Fed remains steadfastly focused on its domestic dual mandate. </li>
<li>Excessive monetary accommodation has caused capital misallocation and prevented capital destruction that has negatively impacted labour productivity and real wage growth that ultimately determine households' living standards.</li>
<li>History indicated that current events in Eastern Europe support capital flight to the US. Lack of enthusiasm for peaceful resolution between Russia and the Ukraine suggests protracted US currency strength. </li>
</ul>


Central banks that try to match the Fed's actions to prevent currency weakness could be forced to capitulate as the Fed remains steadfastly focused on its domestic dual mandate. 
Excessive monetary accommodation has caused capital misallocation and prevented capital destruction that has negatively impacted labour productivity and real wage growth that ultimately determine households' living standards.
History indicated that current events in Eastern Europe support capital flight to the US. Lack of enthusiasm for peaceful resolution between Russia and the Ukraine suggests protracted US currency strength. 


Global Currency War Victims to Rise as Central Banks Struggle to Persistently Match the Fed