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

Steno Signals #76: The Fed Has Lost Control of Liquidity Trends

Steno Signals #77 – Oil Demand Is ALL TIME HIGH

Steno Signals #78 – Santa Powell Handing Out Gifts Even to the Naughty!

Steno Signals #73 – An Abysmal Impulse for 2024

Steno Signals #72 – When a Recession Meets a Melt-Up in Equities and Bonds

Steno Signals #74 – Did King USD Just Break?

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>Happy Sunday and welcome to our weekly flagship editorial.</li><li>The soft landing narrative has seen material tailwinds over the past 6-8 weeks, while the recession narrative is fading fast.</li><li>This is the first prerequisite for an actual recession as a recession never arrives when everyone plans for one.</li></ul>

Happy Sunday and welcome to our weekly flagship editorial.The soft landing narrative has seen material tailwinds over the past 6-8 weeks, while the recession narrative is fading fast.This is the first prerequisite for an actual recession as a recession never arrives when everyone plans for one.

Steno Signals #75 – The 2007/2008 Playbook Is Useful Again