<\/p>\n
<\/p>\n
La inflaci\u00f3 ha sigut m\u00e9s persistent del que s\u2019esperava i ha obligat els bancs centrals a adoptar pol\u00edtiques cada vegada m\u00e9s restrictives.<\/p>\n
Tant el mercat laboral, com el consum dels EUA estan mantenint la seva fortalesa, la qual cosa ha provocat que la Reserva Federal hagi dut a terme un tercer augment consecutiu de 75 punts b\u00e0sics el 21 de Setembre. L\u2019objectiu \u00e9s intentar rebaixar aquest dinamisme.<\/p>\n
Europa afronta problemes similars, per\u00f2 amb una major feblesa econ\u00f2mica. Aix\u00f2 va comportar pujades per part del BCE de 50 punts b\u00e0sics en el mes. Per\u00f2 no sols el BCE va pujar tipus, tamb\u00e9 el RiskBank de Su\u00e8cia va sorprendre amb pujades de 100 punts b\u00e0sics en augmentar el seu \u00edndex de preus al consum un 9%, tamb\u00e9 el Banc su\u00eds.<\/p>\n
D\u2019altra banda, el risc geopol\u00edtic tamb\u00e9 s\u2019est\u00e0 incrementant no nom\u00e9s a conseq\u00fc\u00e8ncia de l\u2019 augment de la tensi\u00f3 en el conflicte b\u00e8l\u00b7lic d\u2019Ucra\u00efna, sin\u00f3 tamb\u00e9 per les declaracions de Joe Biden sobre un eventual suport a Taiwan en una hipot\u00e8tica pujada de tensi\u00f3 amb la Xina.<\/p>\n
<\/p>\n
\u2013 L\u2019actitud agressiva dels bancs centrals ha impulsat a l\u2019al\u00e7a les TIRs dels bons, sobretot als EUA destacant les caigudes de la Renda Fixa tant Corporativa com de Governs en m\u00e9s d\u2019un 4% i un 2% respectivament.<\/p>\n
\u2013 La Renda Variable va patir, significativament, l\u2019\u00edndex japon\u00e8s va caure un 6%, mentre que les caigudes als EUA i emergents van ser de m\u00e9s d\u2019un 9%.<\/p>\n
\u2013 El D\u00f2lar es va apreciar un 2,51% baixant de la paritat versus l\u2019Euro, davant les pitjors perspectives d\u2019Europa versus els EUA acabant el mes en un 0,9802.<\/p>\n
<\/p><\/blockquote>\n
Davant aquesta situaci\u00f3, la nostra cartera estrat\u00e8gica, continua implementada per a fer front a una inflaci\u00f3 persistent amb un menor creixement, via:<\/h5>\n
\u2013 En la part de Renda Fixa centrats en baixes durades, bons flotants i algun fons m\u00e9s oportun\u00edstic. T\u00e0cticament, anem introduint m\u00e9s duraci\u00f3 davant l\u2019excessiu c\u00e0stig al mateix temps que ens centrem en la part de m\u00e9s qualitat credit\u00edcia davant el menor creixement esperat.<\/p>\n
\u2013 En Renda Variable continuem infraponderats en aquest actiu. Busquem estar diversificats per a aportar m\u00e9s estabilitat a la cartera en aquests moments d\u2019incertesa. Quant a tipologia, preferim fons invertits en companyies de qualitat i amb poder de fixaci\u00f3 de preus per a poder traspassar l\u2019increment de preus al client final, amb una visi\u00f3 m\u00e9s a llarg termini o fons amb creixements estables i sostinguts com serien els sectors defensius.<\/p><\/blockquote>\n
Per zona geogr\u00e0fica aquest mes es va incrementar el v\u00e8rtex dels EUA en detriment de l\u2019Europeu davant les pitjors expectatives econ\u00f2miques d\u2019aquest \u00faltim.<\/p>\n
<\/p>\n
_
\nGinvest AM<\/p>\n<\/p>\n
<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
Setembre ha vingut marcat per les pujades de tipus d’inter\u00e8s tant als Estats Units d\u2019 Am\u00e8rica (EUA) com a Europa….<\/p>","protected":false},"author":21,"featured_media":24357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-24729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sin-categorizar"],"acf":[],"yoast_head":"\n
Visi\u00f3 de mercat octubre 2022 - GINVEST<\/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:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/\" \/>\n<meta property=\"og:locale\" content=\"ca_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Visi\u00f3 de mercat octubre 2022 - GINVEST\" \/>\n<meta property=\"og:description\" content=\"Setembre ha vingut marcat per les pujades de tipus d'inter\u00e8s tant als Estats Units d\u2019 Am\u00e8rica (EUA) com a Europa....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"GINVEST\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-10T20:06:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-23T09:49:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ginvest.es\/wp-content\/uploads\/2022\/10\/Ret_visio_mercat_oct.png\" \/>\n\t<meta property=\"og:image:width\" content=\"597\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ginvest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ginvestam\" \/>\n<meta name=\"twitter:site\" content=\"@ginvestam\" \/>\n<meta name=\"twitter:label1\" content=\"Escrit per\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ginvest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Temps estimat de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minuts\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/\"},\"author\":{\"name\":\"Ginvest\",\"@id\":\"https:\/\/ginvest.es\/#\/schema\/person\/b8cc89243d6fc3d2afcbc51dc1ffdc5d\"},\"headline\":\"Visi\u00f3 de mercat octubre 2022\",\"datePublished\":\"2022-10-10T20:06:09+00:00\",\"dateModified\":\"2023-06-23T09:49:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/\"},\"wordCount\":511,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ginvest.es\/#organization\"},\"image\":{\"@id\":\"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ginvest.es\/wp-content\/uploads\/2022\/10\/Ret_visio_mercat_oct.png\",\"articleSection\":[\"Sin categorizar\"],\"inLanguage\":\"ca\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/\",\"url\":\"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/\",\"name\":\"Visi\u00f3 de mercat octubre 2022 - GINVEST\",\"isPartOf\":{\"@id\":\"https:\/\/ginvest.es\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ginvest.es\/wp-content\/uploads\/2022\/10\/Ret_visio_mercat_oct.png\",\"datePublished\":\"2022-10-10T20:06:09+00:00\",\"dateModified\":\"2023-06-23T09:49:29+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#breadcrumb\"},\"inLanguage\":\"ca\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ca\",\"@id\":\"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#primaryimage\",\"url\":\"https:\/\/ginvest.es\/wp-content\/uploads\/2022\/10\/Ret_visio_mercat_oct.png\",\"contentUrl\":\"https:\/\/ginvest.es\/wp-content\/uploads\/2022\/10\/Ret_visio_mercat_oct.png\",\"width\":597,\"height\":450},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\/\/ginvest.es\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Visi\u00f3 de mercat octubre 2022\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ginvest.es\/#website\",\"url\":\"https:\/\/ginvest.es\/\",\"name\":\"GINVEST\",\"description\":\"Gestora de fondos de inversi\u00f3n\",\"publisher\":{\"@id\":\"https:\/\/ginvest.es\/#organization\"},\"alternateName\":\"GINVEST\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ginvest.es\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ca\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ginvest.es\/#organization\",\"name\":\"Ginvest Asset Management SGIIC, SA\",\"alternateName\":\"GINVEST\",\"url\":\"https:\/\/ginvest.es\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ca\",\"@id\":\"https:\/\/ginvest.es\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ginvest.es\/wp-content\/uploads\/2023\/06\/logo700x700.png\",\"contentUrl\":\"https:\/\/ginvest.es\/wp-content\/uploads\/2023\/06\/logo700x700.png\",\"width\":700,\"height\":700,\"caption\":\"Ginvest Asset Management SGIIC, SA\"},\"image\":{\"@id\":\"https:\/\/ginvest.es\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/ginvestam\",\"https:\/\/es.linkedin.com\/company\/ginvestam\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ginvest.es\/#\/schema\/person\/b8cc89243d6fc3d2afcbc51dc1ffdc5d\",\"name\":\"Ginvest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ca\",\"@id\":\"https:\/\/ginvest.es\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d4e7588b90d03a66a8bfa4fb10dd2c0ff00e5b819408f81c3714506b68e3e96b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d4e7588b90d03a66a8bfa4fb10dd2c0ff00e5b819408f81c3714506b68e3e96b?s=96&d=mm&r=g\",\"caption\":\"Ginvest\"},\"description\":\"Expertos en gesti\u00f3n patrimonial\",\"url\":\"https:\/\/ginvest.es\/ca\/author\/ginvest\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Visi\u00f3 de mercat octubre 2022 - GINVEST","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/","og_locale":"ca_ES","og_type":"article","og_title":"Visi\u00f3 de mercat octubre 2022 - GINVEST","og_description":"Setembre ha vingut marcat per les pujades de tipus d'inter\u00e8s tant als Estats Units d\u2019 Am\u00e8rica (EUA) com a Europa....","og_url":"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/","og_site_name":"GINVEST","article_published_time":"2022-10-10T20:06:09+00:00","article_modified_time":"2023-06-23T09:49:29+00:00","og_image":[{"width":597,"height":450,"url":"https:\/\/ginvest.es\/wp-content\/uploads\/2022\/10\/Ret_visio_mercat_oct.png","type":"image\/png"}],"author":"Ginvest","twitter_card":"summary_large_image","twitter_creator":"@ginvestam","twitter_site":"@ginvestam","twitter_misc":{"Escrit per":"Ginvest","Temps estimat de lectura":"3 minuts"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#article","isPartOf":{"@id":"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/"},"author":{"name":"Ginvest","@id":"https:\/\/ginvest.es\/#\/schema\/person\/b8cc89243d6fc3d2afcbc51dc1ffdc5d"},"headline":"Visi\u00f3 de mercat octubre 2022","datePublished":"2022-10-10T20:06:09+00:00","dateModified":"2023-06-23T09:49:29+00:00","mainEntityOfPage":{"@id":"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/"},"wordCount":511,"commentCount":0,"publisher":{"@id":"https:\/\/ginvest.es\/#organization"},"image":{"@id":"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#primaryimage"},"thumbnailUrl":"https:\/\/ginvest.es\/wp-content\/uploads\/2022\/10\/Ret_visio_mercat_oct.png","articleSection":["Sin categorizar"],"inLanguage":"ca","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/","url":"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/","name":"Visi\u00f3 de mercat octubre 2022 - GINVEST","isPartOf":{"@id":"https:\/\/ginvest.es\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#primaryimage"},"image":{"@id":"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#primaryimage"},"thumbnailUrl":"https:\/\/ginvest.es\/wp-content\/uploads\/2022\/10\/Ret_visio_mercat_oct.png","datePublished":"2022-10-10T20:06:09+00:00","dateModified":"2023-06-23T09:49:29+00:00","breadcrumb":{"@id":"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#breadcrumb"},"inLanguage":"ca","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/"]}]},{"@type":"ImageObject","inLanguage":"ca","@id":"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#primaryimage","url":"https:\/\/ginvest.es\/wp-content\/uploads\/2022\/10\/Ret_visio_mercat_oct.png","contentUrl":"https:\/\/ginvest.es\/wp-content\/uploads\/2022\/10\/Ret_visio_mercat_oct.png","width":597,"height":450},{"@type":"BreadcrumbList","@id":"https:\/\/ginvest.es\/ca\/visio-de-mercat-octubre-2022\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"https:\/\/ginvest.es\/"},{"@type":"ListItem","position":2,"name":"Visi\u00f3 de mercat octubre 2022"}]},{"@type":"WebSite","@id":"https:\/\/ginvest.es\/#website","url":"https:\/\/ginvest.es\/","name":"GINVEST","description":"Gestora de fondos de inversi\u00f3n","publisher":{"@id":"https:\/\/ginvest.es\/#organization"},"alternateName":"GINVEST","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ginvest.es\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ca"},{"@type":"Organization","@id":"https:\/\/ginvest.es\/#organization","name":"Ginvest Asset Management SGIIC, SA","alternateName":"GINVEST","url":"https:\/\/ginvest.es\/","logo":{"@type":"ImageObject","inLanguage":"ca","@id":"https:\/\/ginvest.es\/#\/schema\/logo\/image\/","url":"https:\/\/ginvest.es\/wp-content\/uploads\/2023\/06\/logo700x700.png","contentUrl":"https:\/\/ginvest.es\/wp-content\/uploads\/2023\/06\/logo700x700.png","width":700,"height":700,"caption":"Ginvest Asset Management SGIIC, SA"},"image":{"@id":"https:\/\/ginvest.es\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/ginvestam","https:\/\/es.linkedin.com\/company\/ginvestam"]},{"@type":"Person","@id":"https:\/\/ginvest.es\/#\/schema\/person\/b8cc89243d6fc3d2afcbc51dc1ffdc5d","name":"Ginvest","image":{"@type":"ImageObject","inLanguage":"ca","@id":"https:\/\/ginvest.es\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d4e7588b90d03a66a8bfa4fb10dd2c0ff00e5b819408f81c3714506b68e3e96b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d4e7588b90d03a66a8bfa4fb10dd2c0ff00e5b819408f81c3714506b68e3e96b?s=96&d=mm&r=g","caption":"Ginvest"},"description":"Expertos en gesti\u00f3n patrimonial","url":"https:\/\/ginvest.es\/ca\/author\/ginvest\/"}]}},"_links":{"self":[{"href":"https:\/\/ginvest.es\/ca\/wp-json\/wp\/v2\/posts\/24729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ginvest.es\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ginvest.es\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ginvest.es\/ca\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/ginvest.es\/ca\/wp-json\/wp\/v2\/comments?post=24729"}],"version-history":[{"count":1,"href":"https:\/\/ginvest.es\/ca\/wp-json\/wp\/v2\/posts\/24729\/revisions"}],"predecessor-version":[{"id":24751,"href":"https:\/\/ginvest.es\/ca\/wp-json\/wp\/v2\/posts\/24729\/revisions\/24751"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ginvest.es\/ca\/wp-json\/wp\/v2\/media\/24357"}],"wp:attachment":[{"href":"https:\/\/ginvest.es\/ca\/wp-json\/wp\/v2\/media?parent=24729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ginvest.es\/ca\/wp-json\/wp\/v2\/categories?post=24729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ginvest.es\/ca\/wp-json\/wp\/v2\/tags?post=24729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}