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

The Fed & Global Liquidity After SVB: Climate Change!

Bond Market Monitor: A Contempt Against Depositors

Asia Financials: The Fallout from SVB and Silvergate | Where's the Biggest Asset/Liability Mismatch?

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>Silicon Valley Bank is nothing but a symptom of years of excess money growth and it is now time to figure out who else is swimming naked. </li>
<li>Money growth is negative, and idiots only survive in times of excess liquidity.</li>
<li>Here is what we know and what to expect for the week ahead</li>
</ul>


Silicon Valley Bank is nothing but a symptom of years of excess money growth and it is now time to figure out who else is swimming naked. 
Money growth is negative, and idiots only survive in times of excess liquidity.
Here is what we know and what to expect for the week ahead


SVB Watch – Time to Figure Out Who’s Naked