Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

Macro and Geopolitical Research House

US Inflation Watch – Charts, Charts, Charts

Macro Strategy– Has Global Liquidity (And the Equity Market) Bottomed Already?

5 Things We Watch: Higher For Longer, the Consumer, Core Prices, Energy Prices and Cyclicals

Asset Watch: From a Recession to a Soft Landing to a Raging Boom in Just One Week

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul>
<li>We are now ready to present our Macro Regime Indicator framework</li>
<li>We base our tactical allocation indicator on three major variables: Liquidity, inflation and growth</li>
<li>We find liquidity to be added short-term, inflation to be waning and growth to be somewhat bouncing. All-in-all BETTER than feared.</li>
</ul>


We are now ready to present our Macro Regime Indicator framework
We base our tactical allocation indicator on three major variables: Liquidity, inflation and growth
We find liquidity to be added short-term, inflation to be waning and growth to be somewhat bouncing. All-in-all BETTER than feared.


Asset Allocation Watch: Introducing Our Macro Regime Indicator Methodology