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

Positioning Watch – Are the unpopular bets back in town?

Elias Lisberg Glistrup

Macroeconomics

<ul><li>Greetings and welcome to this month’s Macro Regime Indicator.</li><li>Financial markets have behaved pretty much just as we laid out in last month’s predictions.</li><li>Sentiment remains strong and the US consumer continues to spend.</li></ul>

Greetings and welcome to this month’s Macro Regime Indicator.Financial markets have behaved pretty much just as we laid out in last month’s predictions.Sentiment remains strong and the US consumer continues to spend.

Macro Regime Indicator: MORE liquidity is coming