Podcast
Macro Mondays
Hosted by Andreas Steno Larsen and Mikkel Rosenvold · EN
Each and every Sunday, former Global Chief Strategist of Nordea Bank, Andreas Steno, invites colleagues and friends of Steno Research to share their views on the world of macro and geopolitics with loads of actionable content.
We will maintain FULL independence without capital interests in having specific views and provide 100% transparency around how we trade and view the world
The podcast will be the most entertaining and yet serious podcast in the Macro Space and as you will notice our trade ideas will be “SOMETIMES MAYBE GOOD, SOMETIMES MAYBE SHIT” (Listen to understand the context)
Find out more about Steno Research with the 30% discount code “macro30” at www.stenoresearch.com/subscribe
76episodes
Episodes
Newest firstAll episodes
Could Trump actually bring global tariffs DOWN?
Feb 11, 202500:29:49Summary readyAndreas Steno Larsen, founder and CEO of Steno Research, is back with his co-host Mikkel Rosenvold, the firm’s partner and head of geopolitics, to break down the latest news and forces driving global markets on this live edition of Macro Mondays. Timestamps:00:00:08 – Introduction & Market Overview00:00:30 – Trump’s Tariff Moves: Market Implications00:01:49 – Global Leaders Navigating U.S. Trade Policies00:02:58 – Real Vision Sneak Peek & Macro Analysis00:04:04 – Kanye West’s Surprising Take on Liquidity00:06:08 – Ethereum Sentiment at Rock Bottom?00:07:44 – The Business Cycle Outlook for 202500:10:07 – Manufacturing Rebound: The Key Bullish Signal00:11:19 – Global Equities: Who’s Winning in 2025?00:13:11 – Commodities & Inflation Trends to Watch00:15:26 – The Impact of Trump’s Deregulation on Financials00:19:08 – Geopolitical Risks Are Fading—What That Means00:20:12 – The Dollar’s Future: When Will It Weaken?00:22:48 – Tariff Wars: How Europe Might Benefit00:25:13 – CPI Predictions & Market Expectations00:28:17 – Key Investment Opportunities & Final Thoughts
Summary3 Good Tariff Trades for a Crazy Week!
Feb 3, 202500:29:31Summary readyAndreas Steno Larsen, founder, and CEO of Steno Research, is back with his co-host Mikkel Rosenvold, partner and head of geopolitics for Steno Research, to break down the latest news in markets.📣 This episode is sponsored by TOKEN2049. Join 15,000 attendees and over 200 exhibitors from 30 April to 1 May at TOKEN2049 Dubai, the premier crypto event of the year. Raoul Pal and over 200 leading voices in crypto will take the stage, as TOKEN2049 takes over the majestic Madinat Jumeirah in Dubai. Be part of two days of unparalleled networking, groundbreaking insights, and truly immersive experiences you won’t want to miss. With over 500 side events, Dubai will be the industry’s focal point—and the place to be for everyone in crypto this April. Grab your tickets at dubai.token2049.com with promo code REALVISION for an exclusive 10% off—only while tickets last 📣 This episode is brought to you thank you to Consensus. Crypto’s most influential event is coming to Asia. Consensus Hong Kong 2025—the #1 destination for dealflow—will take place February 18-20. Curated by CoinDesk, this event brings together global leaders, innovators, investors, and brands in the heart of Asia’s financial hub. With unparalleled networking opportunities and exclusive access to top decision-makers, Consensus Hong Kong is where partnerships are forged, deals are secured, and the future of digital assets is shaped. Whether you're an investor, founder, or executive, this is your chance to connect with the biggest names in the industry and make valuable connections that will drive your business forward. 👉 Don't miss your chance to be at the center of the Web3 movement. Take 15% off your registration with code REALVISION15. Register now at coindesk.com/consensus-hk to secure your spot and be part of the conversations shaping the future of crypto and digital assets. 01:46 - Macro Mondays: Global Markets and Trade Wars3:15 - Deep Sea AI: From Major Breakthrough to Market Fizzle?04:50 - Trade Wars: Tariffs on China, Mexico, and Canada10:00 - Trump’s Tariff Strategy: Bluff or Real Economic Policy?13:00 - Crypto Market Crash15:00 - Possibility of US Capital Gains Tax and A Weaker Dollar? 18:40 - Macro Meets Micro - The Eurodollar 19:50 - European Growth Challenges: Can the EU Compete?21:30 - High Conviction Themes: Gold, The Dollar, And Manufacturing Cycle 25:00 - How Tariffs Impact InflationMusic license ID: WJ6TRPVHFD
SummaryDeepSeek panic or opportunity?
Jan 28, 202500:25:45Summary readyApologies for the late update - we had some technical difficulties. Remember to check out RealVision.com for your options and extended coverage.Hosts: Mikkel Rosenvold and Andreas Steno
SummaryTrump Inauguration Preview - And everything NOT Trump
Jan 20, 202500:31:00Summary readyWe preview the Trump Inauguration from a Macro perspective - AND try to take a break from all the Trump nonsense with some good old macro analysis!Hosts: Mikkel Rosenvold and Andreas Steno
SummaryRaoul Pal: What Happens If Trump's Dollar Playbook FAILS?
Jan 13, 202500:34:22Summary ready🔥 Get Raoul Pal's FREE PDF report: https://rvtv.io/3YOZZUe. Andreas is back with Raoul Pal @RaoulPalTJM our special guest to break it all down live…Andreas Steno Larsen, founder and CEO of Steno Research, welcomes Real Vision co-founder and CEO Raoul Pal to break down the strength of the US dollar, inflation expectations, and the role of liquidity in driving growth.Timestamps:00:00 - Introduction:01:32 - The Dollar Surge: What's Driving Currency Markets?03:07 - Trump's Economic Strategy: Tariffs, Dollar Strength, and Negotiations"05:20 - Monetary Policies in 2025: Echoes of 2016 and QE Predictions"07:17 - Bitcoin and Markets: Parallels to 2017 and the Next Move12:30 - UK Bond Market Troubles: A Canary in the Coal Mine?15:43 - Inflation and Liquidity: Navigating the Economic Crossroads20:40 - Retail Sales Boom: The Early Signs of Economic Revival27:53 - Crypto’s Liquidity Role: How to Prepare for the Next Rally33:07 - Closing Thoughts: Upcoming Events and Macro StrategiesElevate your brand with Real Vision. Connect with us at partnerships@realvision.com to explore advertising possibilities.About Real Vision™:We arm you with the knowledge, tools, and network to succeed on your financial journey.
SummaryThese Are the TOP Trades for 2025
Jan 7, 202500:35:39Tap to summarizeBitcoin back over 100K! Andreas & Mikkel discuss tariffs, QE, and market strategies for 2025.Andreas Steno Larsen, founder and CEO of Steno Research, is back with his co-host Mikkel Rosenvold, partner and head of geopolitics for Steno Research, to on the key market drivers of 2025, from Trump tariffs to the recent crypto surge plus 5 trades they see working in 2025.👉 Don't forget to get FREE ACCESS to Real Vision https://rvtv.io/3Y4t5Pw🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.comElevate your brand with Real Vision. Connect with us at partnerships@realvision.com to explore advertising possibilities.
Transcribe →5 good trades for 2025
Dec 16, 202400:32:09Tap to summarizeAndreas Steno Larsen, founder and CEO of Steno Research, is back with his co-host Mikkel Rosenvold, partner and head of geopolitics for Steno Research, to discuss the latest inflation fears and the impact of China’s stimulus plan on global trade dynamics and equity flows in the new year.
Transcribe →Macro Mondays: Global Stimulus Signals
Dec 10, 202400:28:41Tap to summarizeAndreas Steno Larsen, founder and CEO of Steno Research, is back with his co-host Mikkel Rosenvold, the firm's head of geopolitics, to explore the shifts in global markets as the civil war in Syria seems to come to an end. From why China’s “moderately loose” policy language suggests massive stimulus incoming to Fed rate cut hints and Europe's better-than-expected outlook, it’s a packed session of actionable insights. 👉 Don't forget to get FREE ACCESS to Real Vision https://rvtv.io/3Y4t5Pw
Transcribe →Trump vs. China: What’s Next for Global Markets?
Dec 3, 202400:34:10Tap to summarizeAndreas Steno Larsen, founder and CEO of Steno Research, is back with his co-host Mikkel Rosenvold, the firm's head of geopolitics, to break down the latest forces driving global markets on another live edition of Macro Mondays. This week, they discuss crypto's surge, shifting trends within the fixed income, and the outlook on China after Trump's threats of higher tariffs.Real Vision Black Friday Sale FINAL DAY: Up to 50% OFF https://rvtv.io/4eZ2PLr
Transcribe →Markets Are Screaming for Liquidity
Nov 25, 202400:34:33Tap to summarize🔥 Black Friday SALE: Up to 50% OFF across Real Vision https://rvtv.io/4eZ2PLr. Andreas Steno Larsen, founder and CEO of Steno Research, is back with his co-host Mikkel Rosenvold, partner and head of geopolitics for Steno Research, to break down the latest news and forces driving global markets on this live edition of Macro Mondays. This week, they discuss how leveraged investing could impact bitcoin, altcoins, and crypto-related equities, where to find value in macro markets right now, what global financial conditions suggest about bonds and the Fed rate-cutting cycle, and much more.And don’t miss up to 50% OFF Real Vision memberships, upgrades, merch and more. Black Friday is here: https://rvtv.io/4eZ2PLr
Transcribe →