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 Drill – The Commodity “Super”cycle

The Drill – When the Facts Change, So Do We

The Drill – The Gold(en) Era Continues!

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Macroeconomics

<ul><li>Happy Wednesday from Copenhagen.</li><li>Trump now has to deal with a reality where Russia is not going to end this war without being forced to—probably always the case—but Trump allowed himself to be friend-zoned by Putin in the run-up to these peace talks.</li><li>Various media outlets have already reported that a sanctions package is being prepared to put pressure on Russia, and in the following, we’ll try to assess the potential content and ramifications of such a package.</li></ul>

Happy Wednesday from Copenhagen.Trump now has to deal with a reality where Russia is not going to end this war without being forced to—probably always the case—but Trump allowed himself to be friend-zoned by Putin in the run-up to these peace talks.Various media outlets have already reported that a sanctions package is being prepared to put pressure on Russia, and in the following, we’ll try to assess the potential content and ramifications of such a package.

The Drill: Input prices about to go Nuclear