Chief Economist & Political Strategist, CrossASEAN Research

Prasenjit K. Basu

PK Basu has 34 years experience covering Asia's economies and markets (equities, fixed income and currencies), including 20 years covering the global economy. He was Chief Economist (SE Asia & India) at Credit Suisse First Boston for 5 years, and Chief Asia (x-Jpn) Economist at Daiwa Securities for a similar period. Among other roles, he was global head of research at Maybank Kim Eng, Malaysia equity research head and chief ASEAN economist at Macquarie, Chief Economist at ICICI Securities, ASEAN economist at UBS and the first chief economist at Khazanah Nasional (where he was co-head of research, and led all agri-business initiatives). PK Basu started his career in the Asia Service of WEFA (Wharton Econometrics) in Philadelphia in 1990, rising to be Director of their Asia Service in June 1994. 
PK's book, "Asia Reborn: A continent rises from the ravages of Colonialism and War to a New Dynamism" won the Tata Literature First Book Award (non-fiction) for 2018. It is the first single chronicle of the modern economic and political history of the whole of Asia (from Iraq and Turkey to Korea and Japan, and everything in between), told from an Asian perspective.

Chief Economist & Political Strategist

Republican Tax Cuts Will Cause Deficits to Balloon, and Bonds to Sell off Dramatically in 2018

US Inflation Brewing to Spur Our Bullish Yield Thesis

Asian Credit Monitor: 2018 Portfolio Strategy, US Rate Trajectory, China Credit Gap

Trump as a One-Man Wrecking Crew for World Order

The Trump Ineptitude Trade: Over or Just Beginning?

China: Hurtling Toward Crisis, Nudged Along by Trump

REAL-Economics.com

Thematic (Sector/Industry)

United states / Thematic (Sector/Industry)

-Appointing a non-economist as Fed chair is akin to appointing an economist (without legal training) as Chief Justice. The last time it happened, the US went into Stagflation. The flattening yield curve this time is already signalling recession risks for 2018; the appointment of Taylor and Warsh to two of the four emerging governor vacancies at the Fed will shift policy inexorably in a hawkish direction, and tip the US into recession by the end of 2018. -With the Democrats winning the…

-Appointing a non-economist as Fed chair is akin to appointing an economist (without legal training) as Chief Justice. The last time it happened, the US went into Stagflation. The flattening yield curve this time is already signalling recession risks for 2018; the appointment of Taylor and Warsh to two of the four emerging governor vacancies at the Fed will shift policy inexorably in a hawkish direction, and tip the US into recession by the end of 2018. -With the Democrats winning the…

Dow Jones Industrial Average (INDU INDEX)

Trump Now Has a Clear Path to Damage the Fed, Even as He Loses Political Ground