{"id":1589,"date":"2018-09-10T17:42:00","date_gmt":"2018-09-10T21:42:00","guid":{"rendered":"https:\/\/twmg.net\/wealth\/?p=1589"},"modified":"2022-05-18T17:44:02","modified_gmt":"2022-05-18T21:44:02","slug":"les-risques-commerciaux-exacerbent-les-pressions-de-fin-de-cycle","status":"publish","type":"post","link":"https:\/\/twmg.net\/wealth\/fr\/twmg\/1589","title":{"rendered":"Les risques commerciaux exacerbent les  pressions de fin de cycle"},"content":{"rendered":"\n<p>Les risques commerciaux exacerbent les pressions de fin de cycle<br>Aux \u00c9tats-Unis et dans le monde, les cycles \u00e9conomiques touchent \u00e0 leur fin.<\/p>\n\n\n\n<p>\u25a0 Aux \u00c9tats-Unis, le risque de r\u00e9cession demeure faible, mais les pressions de fin de cycle, comme la p\u00e9nurie de main-d\u2019\u0153uvre et le resserrement mon\u00e9taire,&nbsp; sont en hausse.<br>\u25a0 Les r\u00e9ductions d\u2019imp\u00f4t accord\u00e9es aux entreprises ont dynamis\u00e9 les march\u00e9s am\u00e9ricains et att\u00e9nu\u00e9 ces pressions, mais leurs effets devraient s\u2019estomper, \u00e0&nbsp; mesure que la politique mon\u00e9taire se resserre.<br>\u25a0 La Chine a entam\u00e9 un assouplissement de sa politique mon\u00e9taire pour contrer le ralentissement \u00e9conomique, ce qui t\u00e9moigne de l\u2019arriv\u00e9e \u00e0 maturit\u00e9 du cycle \u00e9conomique mondial.<br>\u25a0 La mont\u00e9e des risques commerciaux renforce les conditions de fin de cycle en poussant l\u2019inflation \u00e0 la hausse et les marges b\u00e9n\u00e9ficiaires \u00e0 la baisse.<br>\u25a0 La performance relative des cat\u00e9gories d\u2019actifs \u00e9tant plus irr\u00e9guli\u00e8re en fin de cycle, il serait judicieux de restreindre la port\u00e9e des modifications cycliques et&nbsp; de privil\u00e9gier la diversification.<\/p>\n\n\n\n<p>Consulter le rapport.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.twmg.net\/library\/News\/Fidelity_2018-08_global_trade_risks-Fr.pdf\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" width=\"116\" height=\"42\" src=\"https:\/\/twmg.net\/wealth\/wp-content\/uploads\/2022\/05\/read-fr-1.jpg\" alt=\"\" class=\"wp-image-1474\"\/><\/a><\/figure>\n\n\n\n<p class=\"has-small-font-size\">Source: Fidelity Investments<\/p>\n\n\n\n<p class=\"has-small-font-size\">Bien que l\u2019information contenue dans ce document provienne de sources jug\u00e9es \ufb01ables, \u00e0 la date indiqu\u00e9e, nous ne pouvons en garantir l\u2019exactitude ni l\u2019exhaustivit\u00e9. L\u2019information contenue est fournie uniquement \u00e0 titre informatif et \u00e9ducatif et ne doit pas \u00eatre utilis\u00e9e comme conseils en regard des titres ou des placements, l\u2019achat ou la vente de titres, expresse ou implicite. Les informations indiqu\u00e9es ci-haut peuvent \u00eatre modi\ufb01\u00e9es sans pr\u00e9avis. Fidelity Investments est une marque d\u00e9pos\u00e9e de Fidelity Investments Canada ULC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Les risques commerciaux exacerbent les pressions de fin de cycleAux \u00c9tats-Unis et dans le monde,&hellip;<\/p>\n","protected":false},"author":1,"featured_media":779,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[112,104],"tags":[],"_links":{"self":[{"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/posts\/1589"}],"collection":[{"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/comments?post=1589"}],"version-history":[{"count":1,"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/posts\/1589\/revisions"}],"predecessor-version":[{"id":1590,"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/posts\/1589\/revisions\/1590"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/media\/779"}],"wp:attachment":[{"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/media?parent=1589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/categories?post=1589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/tags?post=1589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}