Andreas Steno

Andreas Steno, macro strategist known for deep-cycle and liquidity analysis, joins to unpack macro, capex and AI-driven market dynamics. They explore why current capex looks different from past bubbles. They discuss AI adoption pacing, semiconductor and EM winners, a possible Goldilocks setup for the Nasdaq, and a barbell view of tech plus cyclical capex.

Andreas Steno, a macro researcher at Steno Research, joins to dissect current macroeconomic trends. He discusses the implications of a potential US government shutdown and why it's perceived as manageable. The duo delves into Eric Trump's Bitcoin remarks, assessing market sentiment and liquidity. Andreas also highlights the significant foreign equity flows into the US, revealing investor preferences. Additionally, he examines the competition between the US and China in AI capital expenditures, uncovering investment insights and potential value opportunities.

☀️ Crypto Gathering Miami 2026: not everyone wants the full conference sprint. That’s why there’s the Social Pass ($300): welcome drinks, beach party, and Drinks with @RaoulGMI LIVE 🍷 ☀️ Right now it’s BOGO... bring a friend or split the cost ☀️ Get it now: https://rvtv.io/49QZAGI Andreas Steno and Mikkel Rosenvold of Steno Research are back to break down the latest news and narratives driving market action. From fresh U.S. jobs data to more tariff talk, they unpack everything investors should be watching next. 📣 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. Elevate your brand with Real Vision. Connect with us at partnerships@realvision.com to explore advertising possibilities. Music license ID: WJ6TRPVHFD About Real Vision™: We arm you with the knowledge, tools, and network to succeed on your financial journey. Connect with Real Vision™ Online: Website: https://www.realvision.com/join Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Linkedin: https://rvtv.io/linkedin Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

Andreas Steno discusses inflation resurgence, labor market impact, and contrarian view on Fed rate hike. Talks about challenges in Europe, labor market shifts, and asset market rebound. Highlights implications for markets and portfolio construction amid inflation. Explores global market trends, China's economic challenges, and real estate crisis impact on Western financial system.

Andreas Steno, tidligere fast panelist kendt for skarpe kommentarer om krypto, energi og geopolitik. Samtalen spænder over forhandlinger med Iran og konsekvenser for energimarkederne. Der tales også om folketingsvalgets betydning for økonomi og mistanker om insiderhandel knyttet til Trump. Farverige anekdoter og kritisk perspektiv undervejs.