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.

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Fed's Inflation Credibility: Facing the Sternest of Tests in 2022 as Inflationary Psychology Rises

Fed's Transient Inflation Thesis Facing Numerous Tests as Role of Excess Demand Downplayed

Global Economist, DeSaque Macro Research

Said Desaque

Global Economist

Macroeconomics

<ul>
<li>The combination of easy fiscal and monetary policies during the COVID-19 pandemic has sown the seeds for persistent inflation in contrast to the stimulus enacted after the global financial crisis. </li>
<li>US policy settings will be less supportive for the economy next year and growth will drop towards its long-term potential rate. Asia growth remains  heavily driven by events in China</li>
<li>China will be pursuing a policy of "Common Prosperity" aimed at more equitable and sustainable growth with less speculation. Deflating real estate excesses will weigh on the economy in 2022.</li>
</ul>


The combination of easy fiscal and monetary policies during the COVID-19 pandemic has sown the seeds for persistent inflation in contrast to the stimulus enacted after the global financial crisis. 
US policy settings will be less supportive for the economy next year and growth will drop towards its long-term potential rate. Asia growth remains  heavily driven by events in China
China will be pursuing a policy of "Common Prosperity" aimed at more equitable and sustainable growth with less speculation. Deflating real estate excesses will weigh on the economy in 2022.


Inflation Dominates Economic and Financial Market Risks for 2022 as Policymakers Face Tough Choices