The Real Risk Goes Beyond War | Macro Mondays: March 23, 2026

About this episode

Andreas Steno and Mikkel Rosenvold discuss the impact of geopolitical events on global markets, particularly focusing on inflation and energy shocks.

Steno Research founder and CEO Andreas Steno is back with his co-host, Steno Research’s head of geopolitics, Mikkel Rosenvold, to break down the latest global drivers in macro. In this episode, with bond yields already rising and central banks under pressure, Andreas and Mikkel assess whether global markets are underpricing the inflation and energy shocks caused by the closure of the Straight of Hormuz. 🔥 And don't forget to check out The Arena, our new trade idea league. Get in on the ...

People in this episode

Hosts: Andreas Steno, Mikkel Rosenvold

Topics covered

• macro economics
• geopolitics
• inflation
• energy shocks
• bond yields
• central banks

Keywords

• macro
• geopolitics
• inflation
• energy
• bond yields
• central banks
• market analysis

Mentioned in this episode

Organizations: Steno Research

Places: Straight of Hormuz

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