Macro Mondays

Andreas Steno Larsen and Mikkel Rosenvold
  • 3.3 (4)
  • Investing
  • Updated weekly

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 worldThe 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

  1. 19 hr ago

    China Just Shocked The AI Race | Macro Mondays: July 20, 2026

    Andreas Steno and Mikkel Rosenvold are back to examine the latest market topics, from how Kimi AI's breakthrough is reshaping the AI investment narrative to how escalations between the U.S. and Iran are reshaping energy markets. And what of Donald Trump's renewed accusations against China? Andreas and Mikkel get into it all. 🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe  Timestamps: 01:30 - Kimi AI Shock: Has China Taken the Lead? 02:28 - Kimi K3 vs ChatGPT and Claude: What the Benchmarks Really Show 05:30 - Why China’s AI Catch-Up Could Boost Hardware Demand 08:22 - Software vs Semiconductors: Who Actually Loses From Cheaper AI? 14:39 - Momentum Crash: What Triggered the Sell-Off in AI Stocks? 16:43 - Iran War Escalates as the IRGC Rebuilds Its War Chest 21:24 - How Long Can the US Withstand the Oil Supply Disruption? 23:45 - Why Oil Is Unlikely to Break Above $100 Again 28:06 - Semiconductors, AI Infrastructure, and the Next Portfolio Opportunities #macro #andreassteno #macromondays #realvision #mikkelrosenvold 🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe  Connect with Real Vision™ Online: YouTube: youtube.com/@RealVisionFinance Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Website: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf

  2. 13 Jul

    Why Did the Iran War Restart? | Macro Mondays July 13, 2026

    Andreas Steno and Mikkel Rosenvold are back with the latest Macro Mondays to discuss the latest escalation in the Middle East and what the impact might be; a slowdown in Korean chip exports and what it tells us about the health of the AI trade; and a worrying new trend in the U.S.-China rivalry. Monarch is the personal finance app that tracks everything – accounts, investments, savings, and spending.  Use code REALVISION at Monarch.com to get your first year half off at just $50.  Today’s sponsor is Plus500 US. Take your trading to the next level with cross-market contracts, from precious metals to key indices, and more. Whether you’re a seasoned trader in the Futures arena or brand new, Plus500’s user-friendly trading platform offers you the advanced tools, market insights, and quick execution you’ve been looking for.  Get started with Plus500 for as little as $100 at https://us.plus500.com. Trading in futures involves the risk of loss. 🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe  Timestamps: 00:22 - Strait of Hormuz Crisis Returns: Should Markets Worry?  02:24 - Trump Wants the US to Control the Strait of Hormuz 03:53 - Oil Flows, Dark Tankers, and the Real Supply Risk 06:12 - How Long Can the US and China Cover the Oil Shortfall? 08:29 - Jet Fuel, Diesel, and the Inflation Risk Markets Are Missing 10:22 - CPI Preview: Could Inflation Surprise Sharply Lower? 15:23 - Memory Stocks, Semiconductor Demand, and the AI CapEx Boom 19:18 - South Korea Exports: Has the Memory Trade Finally Peaked? 22:58 - ASML Earnings and the Next Test for AI Stocks 24:42 - US-China Decoupling, Critical Metals, and the Dollar Trade 🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe  Connect with Real Vision™ Online: YouTube: youtube.com/@RealVisionFinance Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Website: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf

  3. 6 Jul

    The Fed's Mistake | Macro Mondays: July 6, 2026

    Andreas Steno Larsen and Mikkel Rosenvold are back to tackle one of the biggest questions in markets right now: have central banks misread the macro backdrop? They break down why inflation may be falling faster than policymakers expect, whether investors are once again wrong on oil, and discuss the political and economic implications of the FIFA World Cup. 00:22 - Macro Mondays: Inflation, Oil, Korea, and the Memory Trade  03:41 - Inflation Is Rolling Over Faster Than Markets Expect 08:17 - Oil Outlook: Why the Hormuz Shock Never Became a Crisis 10:19 - Strait of Hormuz Bypass Trade and China’s Oil Buying Strike 13:03 - Why Iran Has Already Lost Leverage Over Hormuz 20:48 - Meta, AI Compute Demand, and Why CapEx Isn’t Slowing Down 22:57 - Korea Exports, HBM Demand, and the Next Leg of the Memory Trade 26:44 - Samsung Earnings, Hynix Listings, and What Comes Next for AI Stocks #macro #andreassteno #macromondays #realvision #mikkelrosenvold #geopolitics 🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe  Connect with Real Vision™ Online: YouTube: youtube.com/@RealVisionFinance Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Website: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf

    The Fed's Mistake | Macro Mondays: July 6, 2026

  4. 29 Jun

    Is Everyone Wrong About the Dollar? | Macro Mondays: June 26, 2026

    Andreas Steno and Mikkel Rosenvold are back in an episode of Macro Mondays that covers why everyone is wrong-footed on U.S. dollar positioning, what the latest developments in the U.S.–Iran ceasefire are, and previews a consequential week for markets ahead, packed with Manufacturing PMI, Nonfarm Payrolls data, and Kevin Warsh's speech. Let Monarch do your financial 'spring cleaning' for you!   Use code REALVISION at Monarch.com to get your first year half off at just $50. 🔥 Our Biggest Sale Ever, Don't Miss the Generational Setup realvision.com/pricing 00:22 - Macro Mondays Returns: Dollar, Hormuz, and Kevin Warsh Preview  03:01 - June Winners and Losers: Memory Stocks, Biotech, and the Dollar 05:11 - Is the Hormuz War Back On or Is Oil Still Flowing? 09:11 - Is Everyone Wrong on the US Dollar? 13:34 - Kevin Warsh’s Big Test: Will the Fed Pivot Again? 17:42 - Jobs Report Preview: Why Payrolls Could Surprise Lower 20:32 - How to Position Your Portfolio Heading Into Summer Vacation 23:30 - AI Trade Check-In: Token Prices, Micron, and Memory Demand 27:30 - Apple, China Memory Chips, and the Next Consumer Scarcity Risk #macromondays #realvision #andreassteno #mikkelrosenvold #geopolitcs #macro  🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe  Connect with Real Vision™ Online: YouTube: youtube.com/@RealVisionFinance Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Website: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf

  5. 22 Jun

    Is Oil Still Flowing? | Macro Mondays: Monday, June 22, 2026

    Andreas Steno is back flying solo again to answer the question that matters most for markets right now: Is the oil still flowing? Andreas examines what we actually know about energy flows through the Strait of Hormuz, how oil markets have responded, and why the feared supply shock never materialized. 01:00 - Macro Mondays: Is the Oil Still Flowing? What Markets Need to Know  03:22 - Strait of Hormuz Reopens? What the Shipping Data Really Shows 05:25 - Oil, Jet Fuel, and Fertilizer Prices Are Rolling Over Fast 07:51 - Falling Inflation Changes the Entire Macro Regime 09:24 - Why Central Banks Still Haven’t Caught Up to the Disinflation Shift 13:17 - Anthropic Export Curbs and the New AI Arms Race 17:51 - SpaceX IPO Mania and What It Says About Risk Appetite 19:55 - IPO Boom, Liquidity, and Why This Cycle May Still Have Room to Run 22:45 - South Korea Exports and Why Semiconductors Still Look Strong 17:15 - Defining Therapeutics, Psychedelics, and the Next Big Micro Trade 19:35 - MicroStrategy, Bitcoin Risk, and What Actually Matters Now #macro #andreassteno #macromondays #realvision  🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe  Connect with Real Vision™ Online: YouTube: youtube.com/@RealVisionFinance Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Website: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf

  6. 15 Jun

    Is The Iran-US Deal Actually Done?! with Andreas Steno | Macro Mondays

    Andreas Steno is back to break down recent market volatility, unpacking all the key drivers, from global liquidity dynamics to the evolving peace deal between the U.S. and Iran, which has seemingly opened the Strait of Hormuz. But is the deal actually done!? 00:07 - US-Iran Deal Nears: What It Means for Markets  02:00 - Inside the 60-Day Iran Deal and Strait of Hormuz Reopening 04:37 - Oil Market Surplus: Why Crude Could Fall Below $70 08:02 - Iran Sanctions Lifted: The New Supply Shock for Global Oil 10:56 - ECB Rate Hike Timing Looks Worse After Hormuz Breakthrough 13:17 - Anthropic Export Curbs: Why AI Models Are Becoming Too Big to Fail 17:51 - SpaceX IPO Surge and What It Says About Risk Appetite 19:55 - IPO Boom, Liquidity, and Why This Cycle May Have Further to Run 21:08 - AI Token Pricing, OpenAI, and Anthropic Ahead of IPO Season 22:45 - South Korea Exports, Semiconductors, and the Next Leg of the AI Trade 🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe  Connect with Real Vision™ Online: YouTube: youtube.com/@RealVisionFinance Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Website: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf

  7. 8 Jun

    Panic or No Panic? | Macro Mondays: June 8, 2026

    Andreas Steno Larsen and Mikkel Rosenvold are back to break down Red Friday and whether the market reaction to the latest jobs report was justified. They unpack what the data is really saying about growth, labor markets, liquidity, and the path for risk assets heading into summer. Timestamps: 01:05 - Macro Mondays: Red Friday, Jobs Shock, and Middle East Risk 03:15 - Real Vision Updates, Alpha Access, and This Week’s Schedule 05:40 - What Actually Caused Friday’s Market Selloff? 07:21 - Nasdaq Damage, CTA Flows, and Why the Straight-Line Rally Is Over 09:45 - Was Friday a VaR Shock and What Happens Next? 12:06 - The Jobs Report, World Cup Hiring, and Why Payrolls Beat Expectations 14:07 - Kevin Warsh, the Fed, and Why Rate Cuts Just Got Harder 17:38 - SpaceX IPO, Big Tech Equity Raises, and the Liquidity Squeeze 22:01 - The One Chart to Watch: AI Token Pricing and the Data Center Trade 24:37 - Iran, Israel, and Why Markets Still Aren’t Panicking 27:24 - Oil, Fertilizer, and Why the Hormuz Crisis Trade Keeps Fading #macro #andreassteno #macromondays #realvision #mikkelrosenvold #geopolitics #markets #Iran #jobs  🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe  Connect with Real Vision™ Online: YouTube: youtube.com/@RealVisionFinance Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Website: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf

  8. 1 Jun

    3 Banger Trades For June | Macro Mondays: June 1, 2026

    Andreas Steno Larsen and Mikkel Rosenvold are back to break down the key macro themes driving markets into June. From the latest developments in Iran to bottlenecks and bitcoin, they unpack what could become the next key trades, and whether liquidity and macro data can continue to support the meteoric rise in risk assets. Let Monarch do your financial 'spring cleaning' for you!   Use code REALVISION at Monarch.com to get your first year half off at just $50. 🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe  01:06 - Macro Mondays: Iran Talks, ISM Strength, and June Trade Ideas  02:30 - State of the Union Preview: Why Macro Still Drives Everything 04:34 - Strong ISM Print and Why US Manufacturing Keeps Accelerating 06:00 - Iran Talks Break Down Again: How Fragile Is the Ceasefire? 07:30 - Why Markets Are Still Taking the Iran Headlines in Stride 10:16 - How Long Can the Global Economy Handle a Closed Hormuz? 12:34 - June Outlook: Thematics, Trade Setups, and What Still Works 13:20 - Industrial Robotics, Real-World AI, and the Next Training Bottleneck 16:54 - Liquidity in June: Treasury Cash Drawdown and Easier Leverage 20:19 - Why Bitcoin Is the Only Risk Asset Not Joining the Rally 22:53 - Three Trades for June: Security Software, Server Makers, and Drones 27:19 - Claude, ServiceNow, and the New AI-Driven Momentum Trade 🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe  Connect with Real Vision™ Online: YouTube: youtube.com/@RealVisionFinance Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Website: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf

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3.3
out of 5
4 Ratings

About

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 worldThe 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

Information

  • Creator
    Andreas Steno Larsen and Mikkel Rosenvold
  • Years Active
    2023 - 2026
  • Episodes
    146
  • Rating
    Explicit
  • Copyright
    © 2026 Macro Mondays
  • Show Website
    Macro Mondays

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