{"id":8457,"date":"2023-09-08T11:37:30","date_gmt":"2023-09-08T11:37:30","guid":{"rendered":"https:\/\/52.148.200.181\/portal-interno\/?p=8457"},"modified":"2023-09-14T07:17:54","modified_gmt":"2023-09-14T07:17:54","slug":"recomendaciones-inversion-septiembre-2024","status":"publish","type":"post","link":"https:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/","title":{"rendered":"An\u00e1lisis de mercado y recomendaciones de inversi\u00f3n- septiembre 2023"},"content":{"rendered":"<p>Agosto ha sido un <strong>mes negativo<\/strong> para todos los<strong> mercados de renta variable<\/strong> a nivel global. Destaca el peor comportamiento de los mercados europeos y <strong>emergentes<\/strong>.\u00a0En renta fija <strong>mes mixto<\/strong>, destacando las apreciaciones de los <strong>bonos europeos<\/strong>, tanto de alta como de baja calidad. Por otro lado, destaca el mal comportamiento de la<strong> renta fija emergente<\/strong> cubierta.<\/p>\n<p>Durante el mes de agosto hemos ido conociendo ciertos datos macroecon\u00f3micos (indicadores adelantados PMIs, datos de empleo en EEUU) que, <strong>pese a mantenerse s\u00f3lidos, muestran signos de ligera debilidad propios de la situaci\u00f3n econ\u00f3mica actual<\/strong>. Sin embargo, a nivel empresas los <strong>beneficios contin\u00faan aguantando<\/strong> e incluso se observan revisiones al alza de los mismos. Tras un 2022 marcado por las fuertes correcciones tanto de la renta fija como de la <strong>renta variable<\/strong>, hemos experimentado en 2023 una recuperaci\u00f3n significativa de los mercados, en especial de la renta variable.<\/p>\n<p>Por todo ello, hemos decidido volver a un <strong>posicionamiento m\u00e1s cauto en el corto plazo, reduciendo la exposici\u00f3n a renta variable<\/strong>, <strong>consolidando una parte de la ganancia actual en favor de los activos monetarios<\/strong>. Estos, debido al nuevo entorno de tipos de la zona euro, ofrecen rentabilidades atractivas al mismo tiempo que act\u00faan como refugio.<\/p>\n<p>De esta manera modificamos nuestro mapa de activos, llevando la <strong>exposici\u00f3n a renta variable a infraponderar y los activos monetarios a sobreponderar.<\/strong><\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-8458 aligncenter\" src=\"https:\/\/i0.wp.com\/www.atlcapital.es\/portal-interno\/wp-content\/uploads\/2023\/09\/mapaRCI-septiembre.jpg?resize=569%2C330&#038;ssl=1\" alt=\"Recomendaciones de inversi\u00f3n para septiembre- atl Capital\" width=\"569\" height=\"330\" \/><\/p>\n<p><a href=\"https:\/\/www.atlcapital.es\/portal-interno\/wp-content\/uploads\/2023\/09\/MAPA-RCI-atl-Capital-092023.pdf\">Lea aqu\u00ed el informe completo del Comit\u00e9 de Inversiones<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Agosto ha sido un mes negativo para todos los mercados de renta variable a nivel global. Destaca el peor comportamiento de los mercados europeos y emergentes.\u00a0En renta fija mes mixto, destacando las apreciaciones de los bonos europeos, tanto de alta como de baja calidad. Por otro lado, destaca el mal comportamiento de la renta fija [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":8462,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[47,48],"tags":[97,167,100,166,96,77,103,134],"class_list":["post-8457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articulos-de-interes","category-destacado","tag-analisis-de-mercado","tag-comite-de-inversiones","tag-mapa-rci","tag-mercados-emergentes","tag-recomendaciones-de-inversion","tag-renta-fija","tag-renta-variable","tag-tipos-de-interes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>An\u00e1lisis de mercado y recomendaciones de inversi\u00f3n- septiembre 2023 - atl Capital Portal Interno<\/title>\n<meta name=\"description\" content=\"Las recomendaciones de inversi\u00f3n para septiembre:un posicionamiento m\u00e1s cauto en el corto plazo, reduciendo la exposici\u00f3n a renta variable.\" \/>\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.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An\u00e1lisis de mercado y recomendaciones de inversi\u00f3n- septiembre 2023 - atl Capital Portal Interno\" \/>\n<meta property=\"og:description\" content=\"Las recomendaciones de inversi\u00f3n para septiembre:un posicionamiento m\u00e1s cauto en el corto plazo, reduciendo la exposici\u00f3n a renta variable.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"atl Capital Portal Interno\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-08T11:37:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-14T07:17:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.atlcapital.es\/portal-interno\/wp-content\/uploads\/2023\/09\/Mapa-RCI.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Consuelo Mu\u00f1oz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"Consuelo Mu\u00f1oz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/\",\"url\":\"https:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/\",\"name\":\"An\u00e1lisis de mercado y recomendaciones de inversi\u00f3n- septiembre 2023 - atl Capital Portal Interno\",\"isPartOf\":{\"@id\":\"https:\/\/www.atlcapital.es\/portal-interno\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/www.atlcapital.es\/portal-interno\/wp-content\/uploads\/2023\/09\/Mapa-RCI.jpg?fit=960%2C720&ssl=1\",\"datePublished\":\"2023-09-08T11:37:30+00:00\",\"dateModified\":\"2023-09-14T07:17:54+00:00\",\"author\":{\"@id\":\"https:\/\/www.atlcapital.es\/portal-interno\/#\/schema\/person\/5343f999a3a95fbce5a701654db173e5\"},\"description\":\"Las recomendaciones de inversi\u00f3n para septiembre:un posicionamiento m\u00e1s cauto en el corto plazo, reduciendo la exposici\u00f3n a renta variable.\",\"inLanguage\":\"es\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"es\",\"@id\":\"https:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/www.atlcapital.es\/portal-interno\/wp-content\/uploads\/2023\/09\/Mapa-RCI.jpg?fit=960%2C720&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.atlcapital.es\/portal-interno\/wp-content\/uploads\/2023\/09\/Mapa-RCI.jpg?fit=960%2C720&ssl=1\",\"width\":960,\"height\":720,\"caption\":\"Recomendaciones de inversi\u00f3n-atl Capital\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.atlcapital.es\/portal-interno\/#website\",\"url\":\"https:\/\/www.atlcapital.es\/portal-interno\/\",\"name\":\"atl Capital Portal Interno\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.atlcapital.es\/portal-interno\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"es\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.atlcapital.es\/portal-interno\/#\/schema\/person\/5343f999a3a95fbce5a701654db173e5\",\"name\":\"Consuelo Mu\u00f1oz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"es\",\"@id\":\"https:\/\/www.atlcapital.es\/portal-interno\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/i0.wp.com\/www.atlcapital.es\/portal-interno\/wp-content\/uploads\/2023\/10\/Consuelo-Munoz.png?fit=96%2C96&#038;ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/www.atlcapital.es\/portal-interno\/wp-content\/uploads\/2023\/10\/Consuelo-Munoz.png?fit=96%2C96&#038;ssl=1\",\"caption\":\"Consuelo Mu\u00f1oz\"},\"url\":\"https:\/\/www.atlcapital.es\/portal-interno\/author\/consuelo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"An\u00e1lisis de mercado y recomendaciones de inversi\u00f3n- septiembre 2023 - atl Capital Portal Interno","description":"Las recomendaciones de inversi\u00f3n para septiembre:un posicionamiento m\u00e1s cauto en el corto plazo, reduciendo la exposici\u00f3n a renta variable.","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:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/","og_locale":"es_ES","og_type":"article","og_title":"An\u00e1lisis de mercado y recomendaciones de inversi\u00f3n- septiembre 2023 - atl Capital Portal Interno","og_description":"Las recomendaciones de inversi\u00f3n para septiembre:un posicionamiento m\u00e1s cauto en el corto plazo, reduciendo la exposici\u00f3n a renta variable.","og_url":"https:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/","og_site_name":"atl Capital Portal Interno","article_published_time":"2023-09-08T11:37:30+00:00","article_modified_time":"2023-09-14T07:17:54+00:00","og_image":[{"width":960,"height":720,"url":"https:\/\/www.atlcapital.es\/portal-interno\/wp-content\/uploads\/2023\/09\/Mapa-RCI.jpg","type":"image\/jpeg"}],"author":"Consuelo Mu\u00f1oz","twitter_card":"summary_large_image","twitter_misc":{"Escrito por":"Consuelo Mu\u00f1oz","Tiempo de lectura":"2 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/","url":"https:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/","name":"An\u00e1lisis de mercado y recomendaciones de inversi\u00f3n- septiembre 2023 - atl Capital Portal Interno","isPartOf":{"@id":"https:\/\/www.atlcapital.es\/portal-interno\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/#primaryimage"},"image":{"@id":"https:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.atlcapital.es\/portal-interno\/wp-content\/uploads\/2023\/09\/Mapa-RCI.jpg?fit=960%2C720&ssl=1","datePublished":"2023-09-08T11:37:30+00:00","dateModified":"2023-09-14T07:17:54+00:00","author":{"@id":"https:\/\/www.atlcapital.es\/portal-interno\/#\/schema\/person\/5343f999a3a95fbce5a701654db173e5"},"description":"Las recomendaciones de inversi\u00f3n para septiembre:un posicionamiento m\u00e1s cauto en el corto plazo, reduciendo la exposici\u00f3n a renta variable.","inLanguage":"es","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/"]}]},{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/www.atlcapital.es\/portal-interno\/recomendaciones-inversion-septiembre-2024\/#primaryimage","url":"https:\/\/i0.wp.com\/www.atlcapital.es\/portal-interno\/wp-content\/uploads\/2023\/09\/Mapa-RCI.jpg?fit=960%2C720&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.atlcapital.es\/portal-interno\/wp-content\/uploads\/2023\/09\/Mapa-RCI.jpg?fit=960%2C720&ssl=1","width":960,"height":720,"caption":"Recomendaciones de inversi\u00f3n-atl Capital"},{"@type":"WebSite","@id":"https:\/\/www.atlcapital.es\/portal-interno\/#website","url":"https:\/\/www.atlcapital.es\/portal-interno\/","name":"atl Capital Portal Interno","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.atlcapital.es\/portal-interno\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"es"},{"@type":"Person","@id":"https:\/\/www.atlcapital.es\/portal-interno\/#\/schema\/person\/5343f999a3a95fbce5a701654db173e5","name":"Consuelo Mu\u00f1oz","image":{"@type":"ImageObject","inLanguage":"es","@id":"https:\/\/www.atlcapital.es\/portal-interno\/#\/schema\/person\/image\/","url":"https:\/\/i0.wp.com\/www.atlcapital.es\/portal-interno\/wp-content\/uploads\/2023\/10\/Consuelo-Munoz.png?fit=96%2C96&#038;ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.atlcapital.es\/portal-interno\/wp-content\/uploads\/2023\/10\/Consuelo-Munoz.png?fit=96%2C96&#038;ssl=1","caption":"Consuelo Mu\u00f1oz"},"url":"https:\/\/www.atlcapital.es\/portal-interno\/author\/consuelo\/"}]}},"_links":{"self":[{"href":"https:\/\/www.atlcapital.es\/portal-interno\/wp-json\/wp\/v2\/posts\/8457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.atlcapital.es\/portal-interno\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.atlcapital.es\/portal-interno\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.atlcapital.es\/portal-interno\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.atlcapital.es\/portal-interno\/wp-json\/wp\/v2\/comments?post=8457"}],"version-history":[{"count":0,"href":"https:\/\/www.atlcapital.es\/portal-interno\/wp-json\/wp\/v2\/posts\/8457\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.atlcapital.es\/portal-interno\/wp-json\/wp\/v2\/media\/8462"}],"wp:attachment":[{"href":"https:\/\/www.atlcapital.es\/portal-interno\/wp-json\/wp\/v2\/media?parent=8457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.atlcapital.es\/portal-interno\/wp-json\/wp\/v2\/categories?post=8457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.atlcapital.es\/portal-interno\/wp-json\/wp\/v2\/tags?post=8457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}