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

Central Bank Watch: 5 charts on the Central Bank bonanza week!

Recession Nugget: What’s the deal with GDP and GDI

Steno Signals #66: Buckle up for the energy crisis 2.0

Steno Signals #64 – The one on ESG-flation, oil and other tangibles

Steno Signals #62 – The Recession Is Called Off (By Consensus)

Steno Signals #61 – The End of China as We Know It?

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Macroeconomics

<ul>
<li>I have four major worries around the current macro setup. The long consensus in bond positioning is worrisome paired with rising energy prices</li>
<li>The lack of reliability of recession forecasts and the relationship to Manufacturing</li>
<li>Germany being a nation-wide Nokia case despite falling input prices</li>
</ul>


I have four major worries around the current macro setup. The long consensus in bond positioning is worrisome paired with rising energy prices
The lack of reliability of recession forecasts and the relationship to Manufacturing
Germany being a nation-wide Nokia case despite falling input prices


Steno Signals #65 – The 4 things that worries me the most in global macro right now