Stenos Signals
AndreasStenoLarsenWelcome to Steno Research. The 100% independent macro and geopolitical research house. We hope to see you as a client soon at www.stenoresearch.com. We will occasionaly deliver free articles at this substack still.
| Platform |  | Pricing | Freemium | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 172 | Subscribers | Read | andreassteno.substack.com |
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Latest Issues
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Steno Signals #94 - Trading the FAKE business cycle
The fake business cycle keeps surprising markets and central banks and the volatility in the cyclical components of the economy will likely keep markets trading from one extreme to another.
Steno Signals #93 - Material stealth QT upcoming during a war economy
The US is effectively running a war economy and the ultimate headache is typically not seen until the production pace is slowed. Meanwhile, Yellen allows for stealth QT in upcoming weeks and months.
Steno Signals #92 - 5 take aways from a trip in London!
After having traveled to London last week, I am left with a vibe of a head fake reflation narrative. We are truly late in the cycle, which opens the door for super interesting bets.
Steno Signals #91 - No more recessions ever!?
Recession chasing is getting increasingly weak as an investment strategy with fewer and fewer recessions around. Is the business cycle still alive and is it big enough to matter for markets?
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Authors
The writers behind this newsletter.
Global macro/markets, “Glee” fan and Madridista.
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