\nDecizia Rezervei Federale (Fed) de a reduce semnificativ dob\u00e2nzile, \u00een urm\u0103 cu trei s\u0103pt\u0103m\u00e2ni, a fost o veste bun\u0103 pentru pietele internationale, indici bursieri ating\u00e2nd nu mai pu\u0163in de patru maxime istorice, explic\u0103 Radu Puiu, analist financiar \u00een cadrul XTB Rom\u00e2nia.<\/p>\n
\nChiar dac\u0103 reac\u0163ia ini\u0163ial\u0103 a pie\u0163elor dup\u0103 anun\u0163 a fost destul de timorat\u0103, investitorii s-au \u00eentors c\u0103tre ac\u0163iuni, dup\u0103 o perioad\u0103 ini\u0163ial\u0103 de marcare a profiturilor.<\/p>\n
\nAstfel, S&P 500 a atins patru maxime istorice s\u0103pt\u0103m\u00e2na trecut\u0103 \u015fi \u00eenregistreaz\u0103 un randament de aproape 20% de la \u00eenceputul anului, cea mai bun\u0103 performan\u0163\u0103 din 1997, arat\u0103 analistul XTB Rom\u00e2nia.<\/p>\n
\n\u00cempreun\u0103 cu reducerea ratei, banca central\u0103 a prognozat dou\u0103 reduceri de un sfert de punct procentual \u00een restul acestui an \u015fi o serie de reduceri anul viitor, totaliz\u00e2nd un punct procentual.<\/p>\n
\nSesiunea de tranzac\u0163ionare de joi, 12 septembrie, a adus o evolu\u0163ie lateral\u0103 \u00een ciuda unor fluctua\u0163ii de pe pia\u0163\u0103 \u00een orele imediat urm\u0103toare reducerii ratei de miercuri, \u00een timp ce Wall Street a digerat anun\u0163ul b\u0103ncii centrale. La \u00eenceputul \u015fedin\u0163ei de tranzac\u0163ionare de vineri, 13 septembrie, pie\u0163ele au p\u0103rut s\u0103 reia acea atitudine pesimist\u0103, indicii principali din SUA marc\u00e2nd o mic\u0103 sc\u0103dere.<\/p>\n
\nReac\u0163ia nea\u015fteptat\u0103 se datoreaz\u0103 \u00een parte unei cre\u015fteri a pre\u0163urilor ac\u0163iunilor care a precedat reducerea ratei. \u00cenainte de reducerea ratelor, indicele S&P 500 avansase deja cu aproximativ 18% \u00een acest an, \u00een parte datorit\u0103 anticip\u0103rii unei sc\u0103deri a ratelor.<\/p>\n
\nC\u00e2\u015ftigurile de pe pia\u0163a bursier\u0103 din ultimul an s-au bazat \u00een principal pe marile companii de tehnologie, propulsate de entuziasmul fa\u0163\u0103 de inteligen\u0163a artificial\u0103 \u015fi de a\u015ftept\u0103rile referitoare la debutul reducerilor de dob\u00e2nd\u0103 din partea Fed, astfel, putem asuma c\u0103 pre\u0163urile au fost ajustate \u00een conformitate cu aceste a\u015ftept\u0103ri, explic\u0103 Radu Puiu.<\/p>\n
\nConform datelor Evercore ISI, \u00eencep\u00e2nd din 1970, S&P 500 a sc\u0103zut \u00een medie cu 4% \u00een cele \u015fase luni care au urmat primei reduceri a unui ciclu de relaxare a politicii monetare, dac\u0103 economia se afla \u00een recesiune. Comparativ, S&P 500 a \u00eenregistrat un c\u00e2\u015ftig de 14% atunci c\u00e2nd Fed a redus ratele \u00eentr-o perioad\u0103 f\u0103r\u0103 recesiune.<\/p>\n
\n\u00cen cele trei luni care urmeaz\u0103 unei reduceri a ratei dob\u00e2nzii, pia\u0163a scade adesea, dar de obicei \u00ee\u015fi revine la \u015fase luni. Acest lucru sus\u0163ine teoria conform c\u0103reia ratele sc\u0103zute ale dob\u00e2nzii stimuleaz\u0103 activitatea economic\u0103 prin reducerea costurilor de \u00eemprumut pentru \u00eentreprinderi \u015fi consumatori, ceea ce tinde s\u0103 aduc\u0103 beneficii pie\u0163ei bursiere.<\/p>\n
\n <\/p>\n","protected":false},"excerpt":{"rendered":"
Decizia Rezervei Federale (Fed) de a reduce semnificativ dob\u00e2nzile, \u00een urm\u0103 cu trei s\u0103pt\u0103m\u00e2ni, a fost o veste bun\u0103 pentru pietele internationale, indici bursieri ating\u00e2nd nu mai pu\u0163in de patru maxime istorice, explic\u0103 Radu Puiu, analist financiar \u00een cadrul XTB Rom\u00e2nia. Chiar dac\u0103 reac\u0163ia ini\u0163ial\u0103 a pie\u0163elor dup\u0103 anun\u0163 a fost destul de timorat\u0103, investitorii […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[18110,60,8316,98],"class_list":["post-230615","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-analist","tag-piata","tag-reducere","tag-romania"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/230615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=230615"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/230615\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=230615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=230615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=230615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}