Political Analyst | Steno Research, Steno Research

Anne Sandager

Political Analyst | Steno Research

Macro and Geopolitical Research House

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.

Macroeconomics

<ul><li>Cautious but promising signs emerge from China’s consumer demand landscape.</li><li>According to China’s statistics bureau, consumer prices saw a 0.7% increase year-on-year in February, marking the first rise since August.</li><li>The extended Lunar New Year holiday period, spanning 8 days instead of the usual 7, nearly matched pre-pandemic domestic spending levels.</li></ul>

Cautious but promising signs emerge from China’s consumer demand landscape.According to China’s statistics bureau, consumer prices saw a 0.7% increase year-on-year in February, marking the first rise since August.The extended Lunar New Year holiday period, spanning 8 days instead of the usual 7, nearly matched pre-pandemic domestic spending levels.

Explainer: the 3 faces of Chinese consumer pessimism

Cross Asset Strategy

<ul><li>In November 2023, Germany’s constitutional court made a landmark ruling that had significant implications for the country’s budget and investment in green initiatives.</li><li>The court ruled against the government’s plan to reallocate €60 billion in unused pandemic emergency funds to its Climate and Transformation Fund (KTF), deeming this move unconstitutional.</li><li>This decision came at a critical time when Germany, Europe’s largest economy, was already facing an economic slow down.</li></ul>

In November 2023, Germany’s constitutional court made a landmark ruling that had significant implications for the country’s budget and investment in green initiatives.The court ruled against the government’s plan to reallocate €60 billion in unused pandemic emergency funds to its Climate and Transformation Fund (KTF), deeming this move unconstitutional.This decision came at a critical time when Germany, Europe’s largest economy, was already facing an economic slow down.

Policy Watch: The German ‘Debt Brake’ on EU Green Tech Ambitions

<ul><li>In a few short weeks, Vladimir Putin will be announced the winner of the Russian Presidential election.</li><li>As a formality, Russian voters will head to the polls between March 15th and 17th, but the result is predetermined: the man behind the ongoing invasion of Ukraine will lead Russia for the next six years in an unprecedented third term as President.</li><li>But with sanctions mounting against the Russian economy – the latest of which were announced just this Friday by President Biden – how long can Putin sustain military aggression in Ukraine?</li></ul>

In a few short weeks, Vladimir Putin will be announced the winner of the Russian Presidential election.As a formality, Russian voters will head to the polls between March 15th and 17th, but the result is predetermined: the man behind the ongoing invasion of Ukraine will lead Russia for the next six years in an unprecedented third term as President.But with sanctions mounting against the Russian economy – the latest of which were announced just this Friday by President Biden – how long can Putin sustain military aggression in Ukraine?

Policy Watch – How well is Russia doing?

<ul><li>Trump’s victory in New Hampshire on Tuesday marked the definitive end to Nikki Haley’s prospects of becoming the 2024 GOP presidential nominee.</li><li>She is officially still in the race, of course, but the polling numbers in her home state of South Carolina, can’t be encouraging for neither her nor her donors.</li><li>So lets turn to the general election instead, shall we.</li></ul>

Trump’s victory in New Hampshire on Tuesday marked the definitive end to Nikki Haley’s prospects of becoming the 2024 GOP presidential nominee.She is officially still in the race, of course, but the polling numbers in her home state of South Carolina, can’t be encouraging for neither her nor her donors.So lets turn to the general election instead, shall we.

Demographics Watch: Biden’s Voter Base Grows Ahead of 2024 Election

<ul><li>We have gotten a few questions from readers asking if the Republican primary race will be effectively over after tonight’s Iowa caucus.</li><li>The speculation comes after New Jersey Governor, Chris Christie, was caught on a hot mic on Thursday saying that he believed presidential candidate, Ron DeSantis, would terminate his campaign after the Iowa ballot.</li><li>The short answer is no – the Republican primary will still be competitive after tonight, albeit, Trump will be the clear favorite to win the nomination as he is now.</li></ul>

We have gotten a few questions from readers asking if the Republican primary race will be effectively over after tonight’s Iowa caucus.The speculation comes after New Jersey Governor, Chris Christie, was caught on a hot mic on Thursday saying that he believed presidential candidate, Ron DeSantis, would terminate his campaign after the Iowa ballot.The short answer is no – the Republican primary will still be competitive after tonight, albeit, Trump will be the clear favorite to win the nomination as he is now.

US Policy Watch: Is Trump’s Nomination Done and Dusted After Tonight?

Anne holds a degree in Politics and International Relations from University College London. Her knowledge of UK and European affairs has landed her roles with the foreign service and media – now she is part of the team at Steno Research as a political analyst where she contributes to a number of series including Europolitics Watch.