{"id":6115,"date":"2022-09-14T09:49:27","date_gmt":"2022-09-14T07:49:27","guid":{"rendered":"https:\/\/momentum.lu\/?p=6115"},"modified":"2022-09-23T14:59:06","modified_gmt":"2022-09-23T12:59:06","slug":"flash-marches-du-13-septembre-2022","status":"publish","type":"post","link":"https:\/\/momentum.lu\/es\/2022\/09\/14\/flash-marches-du-13-septembre-2022\/","title":{"rendered":"FLASH march\u00e9s du 13 septembre 2022"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6115\" class=\"elementor elementor-6115\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b3c0e0d elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"b3c0e0d\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a49c522\" data-id=\"a49c522\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c2bb43a elementor-widget elementor-widget-heading\" data-id=\"c2bb43a\" data-element_type=\"widget\" data-settings=\"{&quot;motion_fx_motion_fx_scrolling&quot;:&quot;yes&quot;,&quot;motion_fx_translateY_effect&quot;:&quot;yes&quot;,&quot;motion_fx_translateY_direction&quot;:&quot;negative&quot;,&quot;motion_fx_translateY_speed&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:3,&quot;sizes&quot;:[]},&quot;motion_fx_translateY_affectedRange&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:{&quot;start&quot;:0,&quot;end&quot;:100}},&quot;motion_fx_devices&quot;:[&quot;widescreen&quot;,&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;]}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FLASH march\u00e9s du 13 septembre 2022 |<\/h2>\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<section class=\"elementor-section elementor-top-section elementor-element elementor-element-87e1686 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"87e1686\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-76dcad0\" data-id=\"76dcad0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bed75e9 elementor-align-left elementor-widget elementor-widget-button\" data-id=\"bed75e9\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/momentum.lu\/actualites\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-long-arrow-alt-left\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Actualit\u00e9s<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\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<section class=\"elementor-section elementor-top-section elementor-element elementor-element-194389e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"194389e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-125f282\" data-id=\"125f282\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1bafaa2 elementor-widget elementor-widget-text-editor\" data-id=\"1bafaa2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"font-weight: 400;\">Chers tous,<\/p><p style=\"font-weight: 400;\">\u00a0<\/p><p style=\"font-weight: 400;\">Vous conviendrez que c\u2019est \u00e0 n\u2019y rien comprendre. 4 journ\u00e9es que les march\u00e9s montent, dans des amplitudes assez importantes.<\/p><p style=\"font-weight: 400;\">Et pourtant, nous avons eu une BCE qui a fait le maximum de ce qu\u2019elle pouvait faire en terme de remont\u00e9e, la FED qui a aussi communiqu\u00e9, et toute une s\u00e9rie de sujets dont nous revenons ci-dessous.<\/p><p style=\"font-weight: 400;\">\u00a0<\/p><p style=\"font-weight: 400;\">Nous essayons de comprendre, une des clefs est peut-\u00eatre que les march\u00e9s avaient surestim\u00e9s les risques en baissant trop, et se rattrapent aujourd\u2019hui, le pire n\u2019\u00e9tant jamais certain. Mais l\u2019explication semblent beaucoup trop simple, d\u00e9j\u00e0 parce que les march\u00e9s \u00e9voluent dans de faibles montants de liquidit\u00e9s.<\/p><p style=\"font-weight: 400;\">Mais aussi et surtout parce que le news flow continu d\u2019\u00eatre franchement n\u00e9gatif, au-del\u00e0 que ce qu\u2019on avait pu penser, et que les march\u00e9s ne pouvaient pas avoir anticip\u00e9\u00a0:<\/p><p style=\"font-weight: 400;\">. \u00e0 commencer par l\u2019inflation am\u00e9ricaine (\u00ab\u00a0CPI\u00a0\u00bb, Consumer Price Index) qui vient de sortir \u00e0 l\u2019instant\u00a0: on attendait un premier repli en base annuelle. R\u00e9sultat\u00a0: l\u2019inflation est belle et bien tenace. Non seulement le chiffre mensuel continue de monter, mais en plus l\u2019annuel continue son ascension. Souvenez-vous, \u00ab\u00a0temporaire on vous dit\u00a0\u00bb<\/p><p style=\"font-weight: 400;\">. ces 2 derniers jours, on nous annonce une croissance tr\u00e8s fortement revue \u00e0 la baisse pour 2023 en France, et on n\u2019exclut plus que l\u2019Allemagne rentre en r\u00e9cession. Ajout\u00e9 \u00e0 cela, un indice important que suivent les march\u00e9s, le \u00ab\u00a0ZEW\u00a0\u00bb, qui concerne le moral des investisseurs, sorti ce matin bien plus pessimiste que pr\u00e9vu.<\/p><p style=\"font-weight: 400;\">. Reprise des combats en ukraine, avantage kiev. On n\u2019y aurait pas pens\u00e9, mais \u00e7a sent un peu la surench\u00e8re\u2026 Avec une centrale nucl\u00e9aire au milieu.<\/p><p style=\"font-weight: 400;\">\u00a0<\/p><p style=\"font-weight: 400;\">\u00a0<\/p><p style=\"font-weight: 400;\">Quant aux taux, c\u2019est le feu d\u2019artifice\u00a0; sur la seule annonce du chiffre d\u2019inflation aux Etats-Unis il y a quelques minutes, la 10 ans am\u00e9ricaine a vu son rendement passer, en moins de temps qu\u2019il n\u2019en faut pour le dire, de 3,20% \u00e0 3,46%.<\/p><p style=\"font-weight: 400;\">\u00a0<\/p><p style=\"font-weight: 400;\">Avez-vous vu aussi, sur les taux courts, que l\u2019Euribor 12 mois, qui est rest\u00e9 cantonn\u00e9 pendant des ann\u00e9es en-dessous de 0% (-0,30%), est repass\u00e9 en quelques jours au-dessus de 2%\u00a0? Avez-vous vu qu\u2019il est d\u00e9sormais possible de mettre en place des d\u00e9p\u00f4ts \u00e0 terme avec des taux d\u2019int\u00e9r\u00eats cr\u00e9diteurs positifs\u00a0? 1,00% \u00e0 3 mois, plus de 2% \u00e0 un an, cela fait plus de 10 ans qu\u2019on n\u2019avait pas vu \u00e7a\u2026 Voir le graphique joint en page suivante, et consultable sur\u00a0<a href=\"https:\/\/www.euribor-rates.eu\/fr\/graphiques-euribor\/\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.euribor-rates.eu\/fr\/graphiques-euribor\/&amp;source=gmail&amp;ust=1663226943489000&amp;usg=AOvVaw2TWEr76e8axlcXHNPJiySW\">https:\/\/www.euribor-rates.eu\/fr\/graphiques-euribor\/<\/a>.<\/p><p style=\"font-weight: 400;\">\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1aa1a0a elementor-widget elementor-widget-image\" data-id=\"1aa1a0a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"521\" src=\"https:\/\/momentum.lu\/wp-content\/uploads\/2022\/09\/graphique-euribor-1024x667.webp\" class=\"attachment-large size-large wp-image-7427\" alt=\"\" srcset=\"https:\/\/momentum.lu\/wp-content\/uploads\/2022\/09\/graphique-euribor-1024x667.webp 1024w, https:\/\/momentum.lu\/wp-content\/uploads\/2022\/09\/graphique-euribor-300x196.webp 300w, https:\/\/momentum.lu\/wp-content\/uploads\/2022\/09\/graphique-euribor-768x501.webp 768w, https:\/\/momentum.lu\/wp-content\/uploads\/2022\/09\/graphique-euribor.webp 1080w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d975491 elementor-widget elementor-widget-text-editor\" data-id=\"d975491\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"font-weight: 400;\">Tout cela pour dire que dans un contexte de remont\u00e9e tr\u00e8s violente des taux, qui n\u2019\u00e9teint pas l\u2019inflation et nous pousse directement dans la r\u00e9cession, les march\u00e9s boursiers \u00e9voluent \u00ab\u00a0dans un sens qui nous \u00e9tonne\u00a0\u00bb.<\/p><p style=\"font-weight: 400;\">D\u2019autant qu\u2019avec ce qui vient de se passer, on assiste \u00e0 une anticipation de remont\u00e9e compl\u00e9mentaire des taux de la part des banques centrales.<\/p><p style=\"font-weight: 400;\">Dans ce contexte, l\u2019article des Echos du 12 septembre y voit probablement juste (cf article annex\u00e9)\u00a0: \u00ab\u00a0<em>les investisseurs se pr\u00e9parent \u00e0 un hiver de tous les dangers<\/em>\u00a0\u00bb, avec les effets d\u00e9l\u00e9t\u00e8res et secondaires de\u00a0 tout ce qui est en train de se passer, \u00ab\u00a0et qu\u2019on n\u2019avait pas pr\u00e9vu\u00a0\u00bb.<\/p><p style=\"font-weight: 400;\">Mais probablement qu\u2019on se contente de voir le verre \u00e0 moiti\u00e9 plein plut\u00f4t qu\u2019\u00e0 moiti\u00e9 vide. Et qu\u2019un reflux des prix du p\u00e9trole est per\u00e7u comme bien plus positif que la somme de toutes les autres mauvaises nouvelles.<\/p><p style=\"font-weight: 400;\">\u00a0<\/p><p style=\"font-weight: 400;\">M\u00e9fiance, donc.<\/p><p style=\"font-weight: 400;\">\u00a0<\/p><p style=\"font-weight: 400;\">\u00a0<\/p><p style=\"font-weight: 400;\">Dans les joyeuset\u00e9s r\u00e9glementaires de la semaine, on vous parlait il y a peu de temps des banques qui pourraient se voir imposer par les autorit\u00e9s r\u00e9glementaires des fonds propres compl\u00e9mentaires pour \u00ab\u00a0s\u00e9cheresse\u00a0\u00bb, \u00ab\u00a0crise \u00e9nerg\u00e9tique\u00a0\u00bb, etc\u2026 En attendant que tout cela sorte, le Haut Conseil de Stabilit\u00e9 Financi\u00e8re, par la voix du Gouverneur de la Banque de France, vient d\u2019annoncer que sa r\u00e9union de fin septembre porterait sur \u00ab\u00a0une analyse attentive du niveau de taux de coussin contracyclique\u00a0\u00bb. De quoi braquer les banques sur ce qui appara\u00eet comme un besoin compl\u00e9mentaire de fonds propres\u2026<\/p><p style=\"font-weight: 400;\">\u00a0<\/p><p style=\"font-weight: 400;\">Le gadin de la semaine\u00a0: l\u2019action ATOS, pass\u00e9e en quelques semaines de 64 \u20ac \u00e0 16 \u20ac<\/p><p style=\"font-weight: 400;\">Le titre de la semaine\u00a0: \u00ab\u00a0d\u00e9part \u00e0 haute-tension du PDG d\u2019EDF\u00a0\u00bb, les Echos du 13 septembre. Facile\u00a0!<\/p><p style=\"font-weight: 400;\">\u00a0<\/p><p style=\"font-weight: 400;\">Vous pouvez retrouver l\u2019historique de nos billets sur notre site,\u00a0<a href=\"https:\/\/momentum.lu\/actualites\/\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/momentum.lu\/actualites\/&amp;source=gmail&amp;ust=1663226943490000&amp;usg=AOvVaw2_Szj3hMjjRAtFB78etMNQ\">https:\/\/momentum.lu\/actualites\/<\/a>.<\/p><p style=\"font-weight: 400;\">\u00a0<\/p><p style=\"font-weight: 400;\">\u00a0<\/p><p style=\"font-weight: 400;\">A votre disposition pour en discuter.<\/p><p style=\"font-weight: 400;\">\u00a0<\/p><p style=\"font-weight: 400;\">Bien \u00e0 vous,<\/p><p style=\"font-weight: 400;\">\u00a0<\/p><p style=\"font-weight: 400;\">Pierre<\/p>\t\t\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<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-39e1646\" data-id=\"39e1646\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a0c9850 elementor-widget elementor-widget-image\" data-id=\"a0c9850\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.linkedin.com\/posts\/momentum-asset-management_flash-march%C3%A9s-du-13-septembre-2022-activity-6975453711649107968-F8qQ?utm_source=share&#038;utm_medium=member_desktop\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"480\" src=\"https:\/\/momentum.lu\/wp-content\/uploads\/2021\/11\/Linkedin-Logo-2003.png\" class=\"attachment-large size-large wp-image-7293\" alt=\"\" srcset=\"https:\/\/momentum.lu\/wp-content\/uploads\/2021\/11\/Linkedin-Logo-2003.png 1000w, https:\/\/momentum.lu\/wp-content\/uploads\/2021\/11\/Linkedin-Logo-2003-300x180.png 300w, https:\/\/momentum.lu\/wp-content\/uploads\/2021\/11\/Linkedin-Logo-2003-768x461.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a4c2723 elementor-widget elementor-widget-image\" data-id=\"a4c2723\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.linkedin.com\/posts\/momentum-asset-management_flash-march%C3%A9s-du-1er-septembre-2022-activity-6971099434239561729-fNdy?utm_source=share&#038;utm_medium=member_desktop\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"711\" height=\"1024\" src=\"https:\/\/momentum.lu\/wp-content\/uploads\/2022\/09\/LesEchos-Hiver-Boursier-20220912-711x1024.webp\" class=\"attachment-large size-large wp-image-7425\" alt=\"\" srcset=\"https:\/\/momentum.lu\/wp-content\/uploads\/2022\/09\/LesEchos-Hiver-Boursier-20220912-711x1024.webp 711w, https:\/\/momentum.lu\/wp-content\/uploads\/2022\/09\/LesEchos-Hiver-Boursier-20220912-208x300.webp 208w, https:\/\/momentum.lu\/wp-content\/uploads\/2022\/09\/LesEchos-Hiver-Boursier-20220912-768x1107.webp 768w, https:\/\/momentum.lu\/wp-content\/uploads\/2022\/09\/LesEchos-Hiver-Boursier-20220912-1066x1536.webp 1066w, https:\/\/momentum.lu\/wp-content\/uploads\/2022\/09\/LesEchos-Hiver-Boursier-20220912-1421x2048.webp 1421w, https:\/\/momentum.lu\/wp-content\/uploads\/2022\/09\/LesEchos-Hiver-Boursier-20220912.webp 1682w\" sizes=\"(max-width: 711px) 100vw, 711px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-49d4173 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"49d4173\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.linkedin.com\/posts\/momentum-asset-management_flash-march%C3%A9s-du-13-septembre-2022-activity-6975453711649107968-F8qQ?utm_source=share&#038;utm_medium=member_desktop\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Voir l'article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\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<section class=\"elementor-section elementor-top-section elementor-element elementor-element-370d83b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"370d83b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3a0793a\" data-id=\"3a0793a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b605457 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b605457\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\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<section class=\"elementor-section elementor-top-section elementor-element elementor-element-60b733d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"60b733d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f6f1fb5\" data-id=\"f6f1fb5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-919457f elementor-widget elementor-widget-heading\" data-id=\"919457f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Partager<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eed8b3e elementor-share-buttons--view-icon elementor-share-buttons--skin-gradient elementor-share-buttons--shape-square elementor-grid-0 elementor-share-buttons--color-official elementor-widget elementor-widget-share-buttons\" data-id=\"eed8b3e\" data-element_type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-grid\" role=\"list\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_facebook\" role=\"button\" tabindex=\"0\" aria-label=\"Compartici\u00f3 en facebook\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-facebook\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_twitter\" role=\"button\" tabindex=\"0\" aria-label=\"Compartici\u00f3 en twitter\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-twitter\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_linkedin\" role=\"button\" tabindex=\"0\" aria-label=\"Compartici\u00f3 en linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-linkedin\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\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<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0c5ee64 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0c5ee64\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-90099ab elementor-invisible\" data-id=\"90099ab\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;zoomIn&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1bcf250 elementor-widget elementor-widget-text-editor\" data-id=\"1bcf250\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Cette note vous est envoy\u00e9e \u00e0 titre gratuit.&nbsp;<\/p>\n<p>Si vous souhaitez recevoir nos \u00ab points hebdomadaires \u00bb par mail, merci de nous l\u2019indiquer :<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9910ac2 pp-icon-list-traditional elementor-list-item-link-inline pp-icon-left elementor-widget elementor-widget-pp-icon-list\" data-id=\"9910ac2\" data-element_type=\"widget\" data-widget_type=\"pp-icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"pp-list-container\">\n\t\t\t<ul class=\"pp-list-items\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"pp-icon-list-item elementor-repeater-item-9ec806f\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"mailto:contact@momentum.lu\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"pp-icon-wrapper\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"pp-icon-list-icon pp-icon \">\n\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-envelope\"><\/i><\/span>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"pp-icon-list-text\">\n\t\t\t\t\t\t\t\tcontact@momentum.lu\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t<\/div>\n\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<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-d45d84a\" data-id=\"d45d84a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-364762f elementor-widget elementor-widget-heading\" data-id=\"364762f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Informations importantes sur la note : <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-08520dd elementor-widget elementor-widget-pp-modal-popup\" data-id=\"08520dd\" data-element_type=\"widget\" data-settings=\"{&quot;content_close&quot;:&quot;yes&quot;,&quot;layout_type&quot;:&quot;standard&quot;,&quot;trigger&quot;:&quot;on-click&quot;,&quot;prevent_scroll&quot;:&quot;yes&quot;,&quot;close_button&quot;:&quot;yes&quot;,&quot;esc_exit&quot;:&quot;yes&quot;,&quot;click_exit&quot;:&quot;yes&quot;,&quot;popup_animation_in&quot;:&quot;mfp-zoom-in&quot;,&quot;overlay_switch&quot;:&quot;yes&quot;,&quot;close_button_position&quot;:&quot;win-top-right&quot;}\" data-widget_type=\"pp-modal-popup.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"pp-modal-popup-wrap\" id=\"pp-modal-popup-wrap-08520dd\">\n\t\t\t<div class=\"pp-modal-popup\" data-src=\"#pp-modal-popup-window-08520dd\" data-popup-settings=\"{&quot;popupType&quot;:&quot;inline&quot;,&quot;src&quot;:&quot;#pp-modal-popup-window-08520dd&quot;,&quot;triggerElement&quot;:&quot;.pp-modal-popup-link-08520dd&quot;}\">\n\t\t\t\t<div class=\"pp-modal-popup-button-wrap elementor-align-center\"><span class=\"pp-modal-popup-button pp-modal-popup-link pp-modal-popup-link-08520dd elementor-button elementor-size-sm\"><span >vOIR INFOS<\/span>\t\t\t<span class=\"pp-button-icon pp-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-info-circle\"><\/i>\t\t\t<\/span>\n\t\t\t<\/span><\/div>\t\t\t<\/div>\n\t\t<\/div>\n\t\t<div class=\"pp-modal-popup-window pp-modal-popup-window-08520dd\" id=\"pp-modal-popup-window-08520dd\">\n\t\t\t\t<div class=\"pp-popup-content\" id=\"pp-popup-content\"><p><em>Les informations et donn\u00e9es indiqu\u00e9es, les opinions, avis, et remarques exprim\u00e9s sur ce site sont propos\u00e9s aux personnes qui le consultent \u00e0 titre d'information uniquement.\u00a0 <\/em><\/p>\n<p><em>Ils sont repris sans aucune garantie - qu'elle soit de nature explicite ou implicite - ni engagement quant \u00e0 leur caract\u00e8re exhaustif, leur pr\u00e9cision ou leur actualisation.\u00a0 <\/em><\/p>\n<p><em>Ils ne constituent pas une offre, une d\u00e9marche de commercialisation ou de recommandation, une sollicitation \u00e0 acheter, vendre, contracter ou souscrire \u00e0 un service ou produit financier quel qu'il soit.\u00a0 <\/em><\/p>\n<p><em>Ils ne constituent pas davantage un avis ou conseil juridique, financier, comptable ou autre.\u00a0 Ils ne se substituent en aucun cas aux consid\u00e9rations personnelles du visiteur, \u00e0 ses connaissances techniques, ou encore, \u00e0 ses comp\u00e9tences professionnelles. <\/em><\/p>\n<p><em>Les informations et donn\u00e9es doivent donc \u00eatre utilis\u00e9es avec les conseils d'un professionnel <\/em><\/p>\n<p><em>qualifi\u00e9\u00a0\u00a0 -\u00a0\u00a0 Voir aussi sur notre site <a href=\"https:\/\/www.momentum.lu\/e-mail-disclaimer\/\"><u>https:\/\/www.momentum.lu\/e-mail-disclaimer\/<\/u><\/a><\/em><\/p>\n<\/div>\t\t<\/div>\n\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<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>FLASH march\u00e9s du 13 septembre 2022 | Actualit\u00e9s Chers tous, Vous conviendrez que c\u2019est \u00e0 n\u2019y rien comprendre. 4 journ\u00e9es que les march\u00e9s montent, dans des amplitudes assez importantes. Et pourtant, nous avons eu une BCE qui a fait le maximum de ce qu\u2019elle pouvait faire en terme de remont\u00e9e, la FED qui a aussi [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6117,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"FLASH march\u00e9s du 13 septembre 2022","_seopress_titles_desc":"Nous avons eu une BCE qui a fait le maximum de ce qu\u2019elle pouvait faire en remont\u00e9e et toute une s\u00e9rie de sujets dont nous revenons ci-dessous.","_seopress_robots_index":"","inline_featured_image":false,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-6115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-12"],"_links":{"self":[{"href":"https:\/\/momentum.lu\/es\/wp-json\/wp\/v2\/posts\/6115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/momentum.lu\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/momentum.lu\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/momentum.lu\/es\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/momentum.lu\/es\/wp-json\/wp\/v2\/comments?post=6115"}],"version-history":[{"count":5,"href":"https:\/\/momentum.lu\/es\/wp-json\/wp\/v2\/posts\/6115\/revisions"}],"predecessor-version":[{"id":6136,"href":"https:\/\/momentum.lu\/es\/wp-json\/wp\/v2\/posts\/6115\/revisions\/6136"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/momentum.lu\/es\/wp-json\/wp\/v2\/media\/6117"}],"wp:attachment":[{"href":"https:\/\/momentum.lu\/es\/wp-json\/wp\/v2\/media?parent=6115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/momentum.lu\/es\/wp-json\/wp\/v2\/categories?post=6115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/momentum.lu\/es\/wp-json\/wp\/v2\/tags?post=6115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}