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

Portfolio Watch: Short metals and Europe but long (US) liquidity sensitive assets

Portfolio Watch – Adjusting equity and commodity risks as the reflation story stalls

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Macroeconomics

<ul>
<li>The latest job report just dropped, and it’s music to our ears—solidifying our thesis once again.</li>
<li>A few highlights:Construction Hiring: Markedly up again.</li>
<li>This is a strong cycle signal, indicating robust economic activity.</li>
</ul>


The latest job report just dropped, and it’s music to our ears—solidifying our thesis once again.
A few highlights:Construction Hiring: Markedly up again.
This is a strong cycle signal, indicating robust economic activity.


Portfolio Watch: Good news = no cuts = bad news (for metals)