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

CPI Reaction Watch: Cementing a hike in November/December?

Positioning Watch:  Seeking Shelter in the Fog of War

Positioning Watch – Oil Longs Are Not as Big as You Think

Positioning Watch: Higher for longer vs Lower for longer?

Portfolio Watch: The wheels are coming off in Europe

Head of Research, Steno Research

Emil Moller

Head of Research

Macroeconomics

<ul><li>Welcome back to our weekly positioning watch, where we run through interest positioning insights/data collected throughout the week.</li><li>As we put pen to paper, history is unfolding in Israel, with plenty of shocking footage circulating online.</li><li>With Netanyahu declaring war and a growing mobilization, it appears that the worst of the bloodshed may be yet to come.</li></ul>

Welcome back to our weekly positioning watch, where we run through interest positioning insights/data collected throughout the week.As we put pen to paper, history is unfolding in Israel, with plenty of shocking footage circulating online.With Netanyahu declaring war and a growing mobilization, it appears that the worst of the bloodshed may be yet to come.

iShares 20+ Year Treasury Bond ETF (TLT US)

Positioning Watch: Who is caught in the Crossfire?