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Wall Street repeatedly handles crises as liquidity glitches, Andreas Steno Larsen argues
Andreas Steno Larsen, founder & CEO, writes that every major financial crisis—1997, 2008, and 2020—follows a familiar institutional pattern: initial mischaracterization of structural problems as temporary liquidity glitches.
He highlights how Wall Street is fundamentally predisposed to this approach, aligning his perspective with those presented in the Goehring & Rozencwajg letter.
Steno Larsen recently reported that AI-related stocks have reached a record share of the S&P 500. In a separate article, he wrote that market participants expect oil shipments to resume and current conflict to resolve quickly. These observations highlight his continuing focus on shifts in both equity and commodity markets.
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