{"id":9571,"date":"2024-02-24T13:55:00","date_gmt":"2024-02-24T13:55:00","guid":{"rendered":"https:\/\/www.h2o-am.com\/?p=9571"},"modified":"2024-04-23T09:11:28","modified_gmt":"2024-04-23T09:11:28","slug":"mieux-vaut-ne-pas-anticiper-une-baisse-lineaire-des-taux-us","status":"publish","type":"post","link":"https:\/\/www.h2o-am.com\/fr\/mieux-vaut-ne-pas-anticiper-une-baisse-lineaire-des-taux-us\/","title":{"rendered":"Interview : Mieux vaut ne pas anticiper une baisse lin\u00e9aire des taux US"},"content":{"rendered":"\n<p><strong>La Fed devra tenir compte d\u2019un risque de r\u00e9surgence de l\u2019inflation par exc\u00e8s de la consommation. Entretien avec Vincent Chailley de H2O Asset Management.<\/strong><\/p>\n\n\n\n<p>Deux facteurs peuvent compliquer la t\u00e2che de la R\u00e9serve f\u00e9d\u00e9rale dans sa politique de r\u00e9duction des taux. Le premier est une reprise excessive de la consommation, un \u00abchoc de la demande\u00bb. Le second est un emballement des march\u00e9s de capitaux. Dans un contexte de consensus peut-\u00eatre trop optimiste, les mauvaises surprises peuvent prendre les investisseurs de court avec pour corollaire une volatilit\u00e9 accrue. Pour prot\u00e9ger les portefeuilles Vincent Chailley de H2O propose quelques th\u00e8mes peu expos\u00e9s et des protections par le march\u00e9 des changes. Entretien.<\/p>\n\n\n\n<p><strong>Inflation descendante aux Etats-Unis et ailleurs, taux directeurs en baisse, le consensus est presque unanime. Qu\u2019en pensez-vous?<\/strong><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.allnews.ch\/content\/interviews\/mieux-vaut-ne-pas-anticiper-une-baisse-lin%C3%A9aire-des-taux-us\">Article complet disponible ici<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>La Fed devra tenir compte d\u2019un risque de r\u00e9surgence de l\u2019inflation par exc\u00e8s de la consommation. Entretien avec Vincent Chailley de H2O Asset Management.<\/p>\n","protected":false},"author":7,"featured_media":7438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[81,79,78,139],"tags":[],"class_list":["post-9571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actualites","category-marches","category-presse","category-toutes-les-publications"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/posts\/9571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/comments?post=9571"}],"version-history":[{"count":3,"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/posts\/9571\/revisions"}],"predecessor-version":[{"id":9832,"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/posts\/9571\/revisions\/9832"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/media\/7438"}],"wp:attachment":[{"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/media?parent=9571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/categories?post=9571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.h2o-am.com\/fr\/wp-json\/wp\/v2\/tags?post=9571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}