{"id":35362,"date":"2023-06-26T16:27:00","date_gmt":"2023-06-26T14:27:00","guid":{"rendered":"https:\/\/sandp.ch\/market-outlook-fuer-q3-2023\/"},"modified":"2024-07-17T11:10:46","modified_gmt":"2024-07-17T09:10:46","slug":"market-outlook-fur-q3-2023","status":"publish","type":"post","link":"https:\/\/www.sandp.ch\/fr\/market-outlook-fur-q3-2023\/","title":{"rendered":"Perspectives du march\u00e9 pour le T1 2023"},"content":{"rendered":"\t\t
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Perspectives du march\u00e9<\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Perspectives du march\u00e9 <\/span><\/span> pour le T3 2023<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\u00c0 mi-parcours de l’ann\u00e9e d’investissement, des surprises sont apparues. Le conflit sur le plafond de la dette am\u00e9ricaine, la crise bancaire r\u00e9gionale et l’impact de l’IA sur l’\u00e9conomie mondiale ont provoqu\u00e9 des turbulences. L’\u00e9conomie mondiale s’est refroidie, mais a enregistr\u00e9 des r\u00e9sultats sup\u00e9rieurs aux pr\u00e9visions. La politique mon\u00e9taire s’ajuste, l’inflation diminue et les pr\u00e9visions de croissance se stabilisent. \u00c0 l’avenir, la s\u00e9lection sera cruciale dans un march\u00e9 incertain.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Envisagez d’allouer vos investissements \u00e0 des valeurs d\u00e9fensives de qualit\u00e9, dot\u00e9es de bilans solides et de flux de tr\u00e9sorerie r\u00e9guliers. Ces valeurs font preuve d’une r\u00e9sistance remarquable en p\u00e9riode de ralentissement \u00e9conomique et sont moins sensibles \u00e0 la volatilit\u00e9 des b\u00e9n\u00e9fices. Leurs performances sont excellentes pendant les phases de durcissement des normes de pr\u00eat ou d’affaiblissement de la demande de cr\u00e9dit.<\/p>

En particulier, les actions d\u00e9fensives de qualit\u00e9 sont souvent consid\u00e9r\u00e9es comme des alternatives fiables aux obligations en raison de leur stabilit\u00e9 et de la s\u00e9curit\u00e9 de leurs dividendes. Dans un premier temps, les investisseurs se sont montr\u00e9s r\u00e9ticents \u00e0 l’\u00e9gard de ces substituts obligataires en raison des hausses successives des taux d’int\u00e9r\u00eat en d\u00e9but d’ann\u00e9e, ce qui a entra\u00een\u00e9 une sous-performance des secteurs d\u00e9fensifs par rapport \u00e0 l’ensemble du march\u00e9.<\/p>

Cependant, alors que nous approchons de la fin du cycle de resserrement, l’impact n\u00e9gatif des ajustements de la politique mon\u00e9taire semble se refl\u00e9ter de mani\u00e8re ad\u00e9quate dans les prix des actions. Par cons\u00e9quent, les actions d\u00e9fensives de qualit\u00e9 tendent \u00e0 retrouver leur dynamique favorable. Dans ces conditions, nous pensons qu’investir dans des valeurs d\u00e9fensives de qualit\u00e9 offre une opportunit\u00e9 de croissance de rattrapage et de rendement potentiel.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Ce texte est un mat\u00e9riel de marketing publi\u00e9 par Schmid & Partenaires Management Services SA. Il n\u2019est pas destin\u00e9 \u00e0 la distribution, \u00e0 la publication, \u00e0 la fourniture ou \u00e0 l\u2019utilisation par des personnes physiques ou morales qui sont citoyens d\u2019un \u00c9tat, d\u2019un pays ou d\u2019une juridiction o\u00f9 sa distribution, la publication, la fourniture ou l\u2019utilisation est interdite par la loi. Elle ne vise aucune personne ou entit\u00e9 \u00e0 qui il serait ill\u00e9gal d\u2019envoyer de tels documents de marketing.<\/p>

Ce texte est \u00e0 titre informatif seulement et ne doit pas \u00eatre interpr\u00e9t\u00e9 comme une offre, une sollicitation ou une recommandation pour la souscription, l\u2019achat, la vente ou la garde de toute valeur ou instrument financier, l\u2019engagement dans toute autre transaction, la prestation de tout conseil ou service d\u2019investissement, ou comme document contractuel. Il ne constitue pas un conseil en placement, juridique, fiscal ou comptable, ni une d\u00e9claration selon laquelle un placement ou une strat\u00e9gie convient ou convient \u00e0 la situation d\u2019une personne, ni ne constitue un conseil personnalis\u00e9 en placement pour un investisseur.<\/p>

Ce texte refl\u00e8te les informations, les opinions et les commentaires de Schmid & Partenaires Management Services SA, qui peuvent \u00eatre modifi\u00e9s sans pr\u00e9avis.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Contactez-nous<\/span><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\tPour plus d’informations, n’h\u00e9sitez pas \u00e0 nous contacter. \t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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PRENDRE<\/div>
CONTACT<\/div><\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Perspectives du march\u00e9 Perspectives du march\u00e9 pour le T3 2023 \u00c0 mi-parcours de l’ann\u00e9e d’investissement, des surprises sont apparues. Le conflit sur le plafond de la dette am\u00e9ricaine, la crise bancaire r\u00e9gionale et l’impact de l’IA sur l’\u00e9conomie mondiale ont provoqu\u00e9 des turbulences. L’\u00e9conomie mondiale s’est refroidie, mais a enregistr\u00e9 des r\u00e9sultats sup\u00e9rieurs aux pr\u00e9visions. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-35362","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nPerspectives du march\u00e9 pour le T1 2023 - Schmid & Partners Management Services Ltd.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sandp.ch\/fr\/market-outlook-fur-q3-2023\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Perspectives du march\u00e9 pour le T1 2023 - Schmid & Partners Management Services Ltd.\" \/>\n<meta property=\"og:description\" content=\"Perspectives du march\u00e9 Perspectives du march\u00e9 pour le T3 2023 \u00c0 mi-parcours de l’ann\u00e9e d’investissement, des surprises sont apparues. 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