In the weekly macro update, Andreas Steno and Mikkel Rosenvold guide you through current macro events, including tariffs, Ukraine, liquidity and soft commodities.

Hear why:

- Peace in Ukraine might be imminent
- Reciprocal tariffs are GOOD
- Sugar might be the hottest commodity

And much more!

Andreas 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 Overview
00:00:30 – Trump’s Tariff Moves: Market Implications
00:01:49 – Global Leaders Navigating U.S. Trade Policies
00:02:58 – Real Vision Sneak Peek & Macro Analysis
00:04:04 – Kanye West’s Surprising Take on Liquidity
00:06:08 – Ethereum Sentiment at Rock Bottom?
00:07:44 – The Business Cycle Outlook for 2025
00:10:07 – Manufacturing Rebound: The Key Bullish Signal
00:11:19 – Global Equities: Who’s Winning in 2025?
00:13:11 – Commodities & Inflation Trends to Watch
00:15:26 – The Impact of Trump’s Deregulation on Financials
00:19:08 – Geopolitical Risks Are Fading—What That Means
00:20:12 – The Dollar’s Future: When Will It Weaken?
00:22:48 – Tariff Wars: How Europe Might Benefit
00:25:13 – CPI Predictions & Market Expectations
00:28:17 – Key Investment Opportunities & Final Thoughts

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 in markets.

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01:46 - Macro Mondays: Global Markets and Trade Wars
3:15 - Deep Sea AI: From Major Breakthrough to Market Fizzle?
04:50 - Trade Wars: Tariffs on China, Mexico, and Canada
10:00 - Trump’s Tariff Strategy: Bluff or Real Economic Policy?
13:00 - Crypto Market Crash
15:00 - 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 Inflation

Music license ID: WJ6TRPVHFD