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 Economist, DeSaque Macro Research

Said Desaque

Global Economist

Macroeconomics

<ul>
<li>The global economic outlook has been negatively due to higher inflation, more hawkish central banks and geopolitical conflict in between Russia and Ukraine.</li>
<li>The depth and duration of slower global growth hinges on the ability of central banks to raise interest rates without materially impacting labour demand. </li>
<li>Elevated inflation creates a high bar for the Fed to suddenly pivot to a dovish stance. Rising service sector inflation raises the risks of the Fed remaining hawkish for longer. </li>
</ul>


The global economic outlook has been negatively due to higher inflation, more hawkish central banks and geopolitical conflict in between Russia and Ukraine.
The depth and duration of slower global growth hinges on the ability of central banks to raise interest rates without materially impacting labour demand. 
Elevated inflation creates a high bar for the Fed to suddenly pivot to a dovish stance. Rising service sector inflation raises the risks of the Fed remaining hawkish for longer. 


Global Economic Outlook: Shifting Gears to the Downside