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

Page: https://stenobird.com/podcast/macro-mondays-6431466/the-real-risk-goes-beyond-war-macro-mondays-march-23-2026
Text version: https://stenobird.com/podcast/macro-mondays-6431466/the-real-risk-goes-beyond-war-macro-mondays-march-23-2026.md
Podcast: [Macro Mondays](https://stenobird.com/podcast/macro-mondays-6431466)
Published: 2026-03-23T18:00:00+00:00
Episode link: https://www.buzzsprout.com/2206288/episodes/18895364-the-real-risk-goes-beyond-war-macro-mondays-march-23-2026.mp3
Audio file: https://www.buzzsprout.com/2206288/episodes/18895364-the-real-risk-goes-beyond-war-macro-mondays-march-23-2026.mp3
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JSON: https://stenobird.com/v1/public/podcasts/macro-mondays-6431466/episodes/the-real-risk-goes-beyond-war-macro-mondays-march-23-2026
Duration seconds: 1846

## Resource

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 ...

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## Transcript

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