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

US Deflation Risks Are Creeping Back, and Will Be the Only Game in Town if Tax Hoopla Fails

The Trump Ineptitude Trade: Over or Just Beginning?

China: Hurtling Toward Crisis, Nudged Along by Trump

REAL-Economics.com

Macroeconomics

<p><strong>-Reality continues to catch up with the Trump Economy, with real GDP growth slumping to just 0.7% QoQ in 1Q 2017, dragged down by sluggish private consumer spending (+0.3%) and slumping government spending (-1.7%). What little growth there was owed primarily to a surge in fixed investment spending by businesses (+9.4%) and on residential construction (+13.7%). Business investment grew at its fastest pace in over 3 years on the hope of a large Trump (or Congressional GOP) tax cut. The brief but</strong>…</p>

-Reality continues to catch up with the Trump Economy, with real GDP growth slumping to just 0.7% QoQ in 1Q 2017, dragged down by sluggish private consumer spending (+0.3%) and slumping government spending (-1.7%). What little growth there was owed primarily to a surge in fixed investment spending by businesses (+9.4%) and on residential construction (+13.7%). Business investment grew at its fastest pace in over 3 years on the hope of a large Trump (or Congressional GOP) tax cut. The brief but…

Vanguard FTSE Emerging Markets ETF (VWO US)

US Loss of Momentum a Warning Sign for Asian Exports in 4Q 2017 and Beyond