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.

China Starts Taking the Painful Steps Necessary for Economic Rebalancing

China and US Corporate Outlooks: COVID-19 Legacies Present Different Challenges

China Growth Outlook: Facing Headwinds, While Exchange Rate Relief Depends on Fed Policy Changes

Global Economist, DeSaque Macro Research

Said Desaque

Global Economist

Macroeconomics

<ul>
<li>There is a high degree of divergence in the conviction held by the Fed and People's Bank of China about their respective economic outlooks for 2022. </li>
<li>Asian countries remain reluctant to jettison their tough approaches to COVID-19, particularly China, hence raising the risks of continued disruption to global supply chains as seen in the automotive sector. </li>
<li>Demographic, environmental and geopolitical forces have reduced the attraction of offshoring supply chains. Labour shortages will boost the importance of  capital productivity as US onshoring gathers momentum. </li>
</ul>


There is a high degree of divergence in the conviction held by the Fed and People's Bank of China about their respective economic outlooks for 2022. 
Asian countries remain reluctant to jettison their tough approaches to COVID-19, particularly China, hence raising the risks of continued disruption to global supply chains as seen in the automotive sector. 
Demographic, environmental and geopolitical forces have reduced the attraction of offshoring supply chains. Labour shortages will boost the importance of  capital productivity as US onshoring gathers momentum. 


Strong Fed Policy Conviction Contrasts with PBoC, as Global Supply Chains Lose Their Appeal