FED LIQUIDITYReserve balances, repo dynamics and front-end funding volatility back at the centre of the macro debate•
US EQUITIESMega-cap index concentration stays extreme as leadership narrows to a handful of AI-linked names•
PRECIOUS METALSGold holds near record highs as central-bank buying and fiscal deficits underpin hard-asset demand•
CHINA POLICYBeijing stimulus and balance-sheet repair remain the swing factor for global trade and EM risk•
FX & RATESDollar cyclicality and rate-cut pricing drive the G10 carry and cross-asset positioning debate•
CREDITPrivate-credit spreads and liability-management activity keep restructuring desks fully occupied•
FED LIQUIDITYReserve balances, repo dynamics and front-end funding volatility back at the centre of the macro debate•
US EQUITIESMega-cap index concentration stays extreme as leadership narrows to a handful of AI-linked names•
PRECIOUS METALSGold holds near record highs as central-bank buying and fiscal deficits underpin hard-asset demand•
CHINA POLICYBeijing stimulus and balance-sheet repair remain the swing factor for global trade and EM risk•
FX & RATESDollar cyclicality and rate-cut pricing drive the G10 carry and cross-asset positioning debate•
CREDITPrivate-credit spreads and liability-management activity keep restructuring desks fully occupied•
DK • DenmarkMacro & Monetary DynamicsAnalysisfreemium

Stenos Signals

Global Liquidity, Macro & Cross-Asset Positioning

Macro and geopolitical research from Andreas Steno Larsen, formerly Global Chief Strategist at Nordea, built around proprietary liquidity gauges and cross-asset positioning. The research operation now publishes predominantly through Steno Research alongside the original Substack.

TypeAnalysis
Asset ClassMacro, Multi-Asset
NicheGlobal liquidity & cross-asset macro
Birth Date-
Price~$29/mo
HeadquartersCopenhagen, Denmark
Tierindependent

What it covers

Stenos Signals is a analysis publication focused on Global liquidity & cross-asset macro. Its coverage spans Macro, Multi-Asset, and it is classified under macro monetary with a europe orientation, based in Copenhagen, Denmark.

Macro and geopolitical research from Andreas Steno Larsen, formerly Global Chief Strategist at Nordea, built around proprietary liquidity gauges and cross-asset positioning. The research operation now publishes predominantly through Steno Research alongside the original Substack.

#Global Liquidity#Cross-Asset#Central Banks#Geopolitics#Positioning

Pricing and access

Stenos Signals is partly free, with the full archive behind a paid tier.

Published tiers: Monthly at $29 per month.

The cheapest paid route works out around $29 per month, or roughly $348 annualised, which is the number to compare against the alternatives in this category.

Track record

The publication does not list a clear launch date, so judge it on the current archive depth.

It carries a Research Authority Score of 85/100, ranked 58 of 207 publications in the index, and is classified as a independent publication.

Who it is for

Stenos Signals suits readers who want a thesis they can hold for quarters rather than a level to trade today. With a freemium access model and a focus on Global liquidity & cross-asset macro, it fits readers who already know the sector and want depth rather than an introduction.

If your constraint is time rather than money, the question to ask is whether the publication tells you something the free feed does not: order flow, a primary-source ledger, a model, or a mechanism nobody else has priced.

How it is scored

Every publication in this index is scored 0 to 100 on the same five pillars: primary-source rigour (35%), differentiated niche edge (25%), track record and vintage (15%), institutional adoption (15%), and transparency and independence (10%). Stenos Signals scores 85.

Paid placement on this site affects visual prominence only. It never changes a publication's description, classification or score.

Frequently asked

How much does Stenos Signals cost?
~$29/mo. That is roughly $29 per month at the entry tier.
What does Stenos Signals cover?
Stenos Signals covers Global liquidity & cross-asset macro, across Macro, Multi-Asset. It is published as a analysis publication from Copenhagen, Denmark.
How is Stenos Signals ranked on newsletters.markets?
It scores 85/100, ranked 58 of 207 publications in the index. Scoring weights primary-source rigour, niche depth, track record, institutional adoption and transparency. Paid placement never changes the score.
Is there a free tier of Stenos Signals?
Yes. Stenos Signals operates a freemium model, so you can read the free output before paying for the full archive.

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