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Why 2026 Could End In A Massive Blow-Off Top w/ Andreas Steno Larsen

MACRO

PODCAST

John Gillen

MAY 21, 2026

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Andreas Steno Larsen joined us on Milk Road Macro to break down why the bond market might have entered a structural bear market. Yet at the same time, liquidity is still flooding into risk assets. And AI stocks and semiconductors keep ripping higher despite rising yields, inflation fears, and geopolitical chaos. How does that math work? That's what we get into. And the answer changes how you should think about pretty much every asset class right now. Two opposite things can be true at the same time. That's where the opportunity is hiding.

ABOUT THE GUEST

Andreas Steno Larsen

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