{"id":1023,"date":"2024-05-06T17:11:32","date_gmt":"2024-05-06T17:11:32","guid":{"rendered":"https:\/\/inti.llc\/?p=1023"},"modified":"2024-05-06T17:11:33","modified_gmt":"2024-05-06T17:11:33","slug":"20240506-los-optimistas-se-asustan-rapido","status":"publish","type":"post","link":"https:\/\/inti.llc\/en\/20240506-los-optimistas-se-asustan-rapido\/","title":{"rendered":"Los optimistas se asustan r\u00e1pido"},"content":{"rendered":"<h2 class=\"wp-block-heading\">En Resumen<\/h2>\n\n\n\n<p>En Abril, el \u00edndice de las 500 acciones m\u00e1s grandes de EE.UU. (S&amp;P 500) cay\u00f3 4.2%, rompiendo una racha de 5 meses consecutivos al alza. No tom\u00f3 mucho hacer que los optimistas en acciones y bonos (\u201cBulls\u201d) salieran corriendo: inflaci\u00f3n rebotando ligeramente y un dato de crecimiento del PBI m\u00e1s bajo de lo esperado, despert\u00f3 temores de estanflaci\u00f3n, como coment\u00e9 en el <a href=\"https:\/\/https:\/\/inti.llc\/wp-content\/uploads\/2024\/11\/Depositphotos_613706848_XL-Grande-1.webp.llc\/noticias\/20240429-estanflacion-no-hay-problema\">art\u00edculo <\/a>de la semana pasada. Un dato curioso es que el grueso del volumen de operaciones de compra y venta de acciones se concentr\u00f3 en la \u00faltima hora de mercado, causando ca\u00eddas importantes el martes y mi\u00e9rcoles. Sin embargo, este mercado optimista (\u201cBull\u201d) tambi\u00e9n es sensible al alza, lo que se shttps:\/\/inti.llc\/wp-content\/uploads\/2024\/11\/Depositphotos_613706848_XL-Grande-1.webp\u00f3 el jueves luego de que el mercado proces\u00f3 las declaraciones del Presidente de la Fed. J. Powell rest\u00f3 importancia a los temores de que la econom\u00eda est\u00e1 en camino a una estanflaci\u00f3n, inclusive sosteniendo que es improbable que el siguiente movimiento de la Fed vaya a ser una subida de tasas (porque la inflaci\u00f3n sigue subiendo). La cereza del pastel: anunci\u00f3 un menor ritmo de reducci\u00f3n de su balance general. Esto \u00faltimo ha sido clave para que las tasas de inter\u00e9s caigan, en especial las largas, lo que pone atractivos los bonos de mayor duraci\u00f3n. Mi opini\u00f3n: todav\u00eda le queda algo de piernas a este rally de acciones y los bonos se han puesto atractivos nuevamente luego de las fuertes subidas de tasas de las \u00faltimas semanas. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/https:\/\/inti.llc\/wp-content\/uploads\/2024\/11\/Depositphotos_613706848_XL-Grande-1.webp.llc\/wp-content\/uploads\/2024\/05\/Eventos-de-la-semana-20240506-Instagram-Post-1024x1024.png\" alt=\"\" class=\"wp-image-1025\" srcset=\"https:\/\/inti.llc\/wp-content\/uploads\/2024\/05\/Eventos-de-la-semana-20240506-Instagram-Post-1024x1024.png 1024w, https:\/\/inti.llc\/wp-content\/uploads\/2024\/05\/Eventos-de-la-semana-20240506-Instagram-Post-300x300.png 300w, https:\/\/inti.llc\/wp-content\/uploads\/2024\/05\/Eventos-de-la-semana-20240506-Instagram-Post-150x150.png 150w, https:\/\/inti.llc\/wp-content\/uploads\/2024\/05\/Eventos-de-la-semana-20240506-Instagram-Post-768x768.png 768w, https:\/\/inti.llc\/wp-content\/uploads\/2024\/05\/Eventos-de-la-semana-20240506-Instagram-Post.png 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">\u00bfQu\u00e9 pas\u00f3 la semana pasada?<\/h2>\n\n\n\n<p>La semana pasada en los mercados financieros de Estados Unidos fue una monta\u00f1a rusa impulsada por noticias sobre inflaci\u00f3n, tasas de inter\u00e9s y datos laborales.<\/p>\n\n\n\n<p>Una semana llena de giros:<\/p>\n\n\n\n<p>Lunes: La semana arranc\u00f3 con un salvavidas inesperado de dos miembros menos ilustres del grupo \u00abMagn\u00edficos 7\u00bb: Tesla y Apple. Tesla se dispar\u00f3 tras la luz verde del gobierno chino para su sistema de conducci\u00f3n aut\u00f3noma completa, mientras que Apple recibi\u00f3 un impulso por el cambio de opini\u00f3n de un analista bajista de largo tiempo que ahora recomienda comprar sus acciones.<\/p>\n\n\n\n<p>Martes: El fantasma de la estanflaci\u00f3n se asom\u00f3 con un \u00edndice de costo laboral m\u00e1s alto de lo previsto, seguido por una ca\u00edda en el PMI (\u00cdndice de Gerentes de Compra) de Chicago y una baja en la confianza del consumidor, lo que hundi\u00f3 los mercados de bonos y acciones.<\/p>\n\n\n\n<p>Mi\u00e9rcoles: El d\u00eda comenz\u00f3 con un mercado deprimido por un informe de empleo privado m\u00e1s fuerte de lo esperado. Sin embargo, a las 2:30 pm, la monta\u00f1a rusa comenz\u00f3 con las declaraciones del Presidente de la Fed: 1) es poco probable que el pr\u00f3ximo movimiento sea un aumento de tasas, 2) no ve riesgo de estanflaci\u00f3n en Estados Unidos, y 3) anunci\u00f3 una reducci\u00f3n de la \u00abQuantitative Tightening\u00bb (Reducci\u00f3n Cuantitativa) mayor a la esperada.<\/p>\n\n\n\n<p>Jueves: El mercado se recuper\u00f3 tras digerir la noticia de una reducci\u00f3n de la \u00abQuantitative Tightening\u00bb, lo que implica tasas a largo plazo m\u00e1s bajas y aumenta las esperanzas de recortes de tasas a finales de a\u00f1o.<\/p>\n\n\n\n<p>Viernes: La creaci\u00f3n de empleo menor a la esperada y una inflaci\u00f3n salarial m\u00e1s d\u00e9bil impulsaron al mercado al alza para cerrar la semana en territorio positivo.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u00bfQu\u00e9 habr\u00e1 esta semana que comienza?<\/h2>\n\n\n\n<p>No hay mayores datos econ\u00f3micos de relevancia que salgan esta semana, por lo que la tendencia de mercado estar\u00e1 definida por los resultados de las empresas que reportan resultados trimestrales.&nbsp;<\/p>\n\n\n\n<p>El martes, se espera que Disney gane $1.10 por acci\u00f3n para su segundo trimestre fiscal del 2024, lo que representar\u00eda un aumento de alrededor del 18% con respecto al a\u00f1o pasado. Las estimaciones de ingresos por $22.11 mil millones se ven relativamente planas. Adem\u00e1s de cualquier actualizaci\u00f3n que el CEO Bob Iger pueda compartir sobre los esfuerzos de reducci\u00f3n de costos y eficiencia, estaremos muy atentos a la din\u00e1mica del streaming. Queremos ver que el negocio del streaming est\u00e9 en camino de reportar su primer trimestre rentable para fines del a\u00f1o fiscal 2024 y la trayectoria m\u00e1s all\u00e1 del a\u00f1o fiscal 2024. Iger llegar\u00e1 fresco de la victoria de Disney sobre el inversionista activista Nelson Peltz, quien perdi\u00f3 su lucha por puestos en la junta directiva el 3 de abril. Desde entonces, la acci\u00f3n ha bajado alrededor de un 7%.<\/p>\n\n\n\n<p>El calendario de las empresas m\u00e1s importantes que reportan resultados a continuaci\u00f3n:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/https:\/\/inti.llc\/wp-content\/uploads\/2024\/11\/Depositphotos_613706848_XL-Grande-1.webp.llc\/wp-content\/uploads\/2024\/05\/20240506-Earnings-report-schedule-1024x1024.png\" alt=\"\" class=\"wp-image-1026\" srcset=\"https:\/\/inti.llc\/wp-content\/uploads\/2024\/05\/20240506-Earnings-report-schedule-1024x1024.png 1024w, https:\/\/inti.llc\/wp-content\/uploads\/2024\/05\/20240506-Earnings-report-schedule-300x300.png 300w, https:\/\/inti.llc\/wp-content\/uploads\/2024\/05\/20240506-Earnings-report-schedule-150x150.png 150w, https:\/\/inti.llc\/wp-content\/uploads\/2024\/05\/20240506-Earnings-report-schedule-768x768.png 768w, https:\/\/inti.llc\/wp-content\/uploads\/2024\/05\/20240506-Earnings-report-schedule.png 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>","protected":false},"excerpt":{"rendered":"<p>En Resumen En Abril, el \u00edndice de las 500 acciones m\u00e1s grandes de EE.UU. (S&amp;P 500) cay\u00f3 4.2%, rompiendo una racha de 5 meses consecutivos al alza. No tom\u00f3 mucho hacer que los optimistas en acciones y bonos (\u201cBulls\u201d) salieran corriendo: inflaci\u00f3n rebotando ligeramente y un dato de crecimiento del PBI m\u00e1s bajo de lo [&hellip;]<\/p>","protected":false},"author":1,"featured_media":1024,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[26,9],"class_list":["post-1023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noticias","tag-economia","tag-inversiones"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Los optimistas se asustan r\u00e1pido - Inti<\/title>\n<meta name=\"description\" content=\"\u00a1Monta\u00f1a Rusa en Mercados de EE.UU.! \u00bfRecuperaci\u00f3n o Recesi\u00f3n? 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