{"id":26927,"date":"2017-09-28T10:52:31","date_gmt":"2017-09-28T08:52:31","guid":{"rendered":"http:\/\/www.tressis.com\/blog\/?p=26927"},"modified":"2017-09-28T10:52:31","modified_gmt":"2017-09-28T08:52:31","slug":"entorno-favorable-al-riesgo","status":"publish","type":"post","link":"https:\/\/www.tressis.com\/ca\/blog\/entorno-favorable-al-riesgo\/","title":{"rendered":"Entorno favorable al riesgo"},"content":{"rendered":"<p>Con estas pocas palabras del subtitulo se resumen las consecuencias de las declaraciones de Janet Yellen sobre la casi segura subida de tipos de diciembre, adem\u00e1s de las ganas compradoras de los mercados en un entorno favorable al riesgo.<!--more--><\/p>\n<p>Como la econom\u00eda marcha, el impacto de la actual saga mundial de pol\u00edticos es, gracias al cielo, bastante limitado&#8230; por d\u00edas. Los inversores, por cansancio, han perdido la mayor parte de la fe en los Trumponomics, por lo que tampoco importa demasiado el \u00faltimo fracaso de reformar el sistema sanitario norteamericano. Sin embargo, ya que el Obamacare se resiste a morir, toca distraer al p\u00fablico con el verdadero puntal de las promesas de Trump, la reducci\u00f3n de impuestos. Si llega, magn\u00edfico, pero si no, los datos de la actividad econ\u00f3mica del pa\u00eds se valen por s\u00ed solos, ahora solo con la excepci\u00f3n, quiz\u00e1s puntual, de un sector de la importancia del inmobiliario, que lleva una semanas navegando por aguas complicadas.<\/p>\n<p>Tampoco se le da muchas vueltas al <i>brexit<\/i>, visto que las negociaciones van para muy largo, y si se puede, m\u00e1s all\u00e1 de los dos a\u00f1os legalmente establecidos. Lo \u00faltimo es la marcada rebaja de la agresividad en el tono de la <i>premier<\/i> Theresa May, consciente de lo que est\u00e1 por llegar en todos los \u00e1mbitos del d\u00eda a d\u00eda brit\u00e1nico. Adem\u00e1s, llama la atenci\u00f3n el discurso \u00abpol\u00edtico\u00bb del economista jefe del Banco de Inglaterra, tratando de vender como positiva una subida de tipos inminente que responde exclusivamente a la nefasta gesti\u00f3n del refer\u00e9ndum de salida de la Uni\u00f3n Europea.<\/p>\n<p>Y el petr\u00f3leo&#8230; volviendo a caer ahora que los huracanes han dejado de azotar EEUU y permitiendo a los productores aprovechar la coyuntura de precios moderadamente elevados. En resumen, se demuestra otra vez m\u00e1s que la oferta es tal que cualquier subida del precio del barril deber ser vista con recelo hasta nueva orden.<\/p>\n<p>\u200bBuen d\u00eda\u200b.<\/p>\n<p><strong>Am\u00edlcar Barrios Vilallonga<\/strong><br \/>\nDirecci\u00f3n de Inversiones<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Con estas pocas palabras del subtitulo se resumen las consecuencias de las declaraciones de Janet Yellen sobre la casi segura subida de tipos de diciembre, adem\u00e1s de las ganas compradoras de los mercados en un entorno favorable al riesgo.<\/p>\n","protected":false},"author":4,"featured_media":26929,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9721],"tags":[488,811,2102,2206,3713,4550,4845,5542,5890,6734,6740],"class_list":["post-26927","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-morning-meeting","tag-banco-de-inglaterra","tag-brexit","tag-dolar","tag-eeuu","tag-janet-yellen","tag-obamacare","tag-petroleo","tag-reforma-fiscal","tag-riesgo","tag-trump","tag-trumponomics"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Entorno favorable al riesgo<\/title>\n<meta name=\"description\" content=\"Suben las bolsas, descienden los precios de los bonos y se sigue revalorizando el d\u00f3lar contra un euro desbocado en un entorno favorable al riesgo.\" \/>\n<meta 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