{"id":2529,"date":"2016-01-07T11:02:27","date_gmt":"2016-01-07T10:02:27","guid":{"rendered":"http:\/\/wpginjer.advence.net\/?p=2529"},"modified":"2017-02-01T15:26:52","modified_gmt":"2017-02-01T14:26:52","slug":"une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches","status":"publish","type":"post","link":"https:\/\/ginjer-am.com\/en\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/","title":{"rendered":"Une m\u00eame s\u00e9quence dans l\u2019association d\u2019id\u00e9es est en train de se r\u00e9p\u00e9ter en ce d\u00e9but d\u2019ann\u00e9e sur les march\u00e9s"},"content":{"rendered":"

[et_pb_section admin_label=”Section” fullwidth=”off” specialty=”off” background_image=”https:\/\/ginjer-am.com\/wp-content\/uploads\/2015\/10\/identite_gilleleonard.jpg” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”on” parallax_method=”off” padding_mobile=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off” gutter_width=”3″][et_pb_row admin_label=”Ligne”][et_pb_column type=”4_4″][et_pb_post_title admin_label=”Titre du poste” title=”on” meta=”on” author=”on” date=”on” categories=”off” comments=”off” featured_image=”off” featured_placement=”below” parallax_effect=”on” parallax_method=”on” text_orientation=”center” text_color=”dark” text_background=”off” text_bg_color=”rgba(255,255,255,0.9)” module_bg_color=”rgba(255,255,255,0)” title_all_caps=”off” meta_font_size=”14″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” title_font_size=”36px”]<\/p>\n

[\/et_pb_post_title][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section admin_label=”section” transparent_background=”off” background_color=”#e8e8e8″ allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” padding_mobile=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off” gutter_width=”3″][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Texte” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#bcbcbc” border_style=”solid” background_color=”#ffffff” custom_padding=”40px|40px|40px|40px” module_class=”article_ginjer”]<\/p>\n

Nous comprenons les doutes en cours sur la situation en Chine. Nous voyons des tensions fortes sur les \u00e9mergents dans notre matrice des risques \u00e0 propos desquelles nous avions d\u00e9j\u00e0 communiqu\u00e9 depuis de nombreux mois.<\/p>\n

N\u00e9anmoins, la situation est tout autre dans nos signaux aujourd\u2019hui sur l\u2019Europe qui montre une stabilit\u00e9 et une r\u00e9silience certaine dans cette p\u00e9riode. Cela est entretenu par les effets tr\u00e8s avantageux de la baisse de l\u2019euro conjugu\u00e9e \u00e0 la baisse de l\u2019\u00e9nergie.<\/p>\n

Cette analyse sous-tend que la croissance mondiale reste dans une borne acceptable ; c\u2019est pour ces raisons que nous maintenons nos convictions.<\/p>\n

En effet, les inqui\u00e9tudes \u00e9pidermiques doivent \u00eatre trait\u00e9es diff\u00e9remment des inqui\u00e9tudes structurelles. De ce point de vue, le vrai changement structurel des derni\u00e8res ann\u00e9es tient davantage aux probl\u00e9matiques de qualit\u00e9 et de transport de la production chinoise que de la rar\u00e9faction des supports \u00e0 la croissance mondiale.<\/p>\n

L\u2019ajustement structurel qui consiste en une meilleure r\u00e9partition de la croissance entre les trois grandes zones (Etats-Unis, Chine, Europe) est d\u00e9j\u00e0 \u00e0 l\u2019\u0153uvre depuis longtemps. De ce point de vue, l\u2019ajustement des monnaies participe du m\u00eame mouvement et ne traduit pas uniquement une guerre de comp\u00e9titivit\u00e9, mais bien un nouveau paradigme \u00e0 fixer.<\/p>\n

Notons que l\u2019acc\u00e9l\u00e9ration \u00e0 la baisse du march\u00e9 a commenc\u00e9 avec les ajustements de parit\u00e9 de change de la banque centrale chinoise suite \u00e0 la baisse cons\u00e9quente de son march\u00e9 domestique.<\/p>\n

Si l\u2019action souhait\u00e9e de la banque centrale chinoise est une d\u00e9valuation comp\u00e9titive, c\u2019est bien qu\u2019elle pense que la croissance mondiale tient et qu\u2019il faudra \u00eatre en mesure de la capter en dehors de ses fronti\u00e8res ; si cette d\u00e9valuation est d\u00e9fensive et que sa vue est un ralentissement drastique de la croissance mondiale initi\u00e9e par son propre ralentissement, c\u2019est qu\u2019elle pr\u00e9pare un plan de relance plus large, l\u2019Europe en profitera. C\u2019est \u00e9galement pour cette raison que nos alertes ne font pas \u00e0 ce stade appara\u00eetre de risques syst\u00e9miques.<\/p>\n

Sur le plan des valeurs, depuis le \u00ab rebond grec \u00bb, seules les d\u00e9fensives ont \u00e9t\u00e9 pl\u00e9biscit\u00e9es. Le march\u00e9 a construit depuis lors un risque asym\u00e9trique sur les titres cycliques avec des anticipations et une prise en compte tr\u00e8s marqu\u00e9es du fameux ralentissement \u00e9mergent.
\nDans nos alertes, le sc\u00e9nario du risque cyclique est pourtant bien diff\u00e9rent de l\u2019ann\u00e9e 2011. Le seul risque av\u00e9r\u00e9 concerne les valeurs li\u00e9es aux mati\u00e8res premi\u00e8res du fait d\u2019un risque au bilan accru, observable notamment au travers du ratio dette sur actifs.<\/p>\n

Toutes les autres valeurs li\u00e9es au cycle manufacturier traditionnel sont dans des situations favorables, et sanctionn\u00e9es par des intensit\u00e9s de risque syst\u00e9mique historiquement basses. De l\u00e0 \u00e0 dire qu\u2019elles ont d\u00e9j\u00e0 int\u00e9gr\u00e9 un ralentissement \u00e9conomique exag\u00e9r\u00e9, le pas est faible.<\/p>\n

En synth\u00e8se : dans notre syst\u00e8me d\u2019alertes, la configuration de march\u00e9 ressemble \u00e0 octobre 2014 : ainsi, que l\u2019on se situe au niveau macro-\u00e9conomique ou micro-\u00e9conomique, nous r\u00e9affirmons nos convictions que le rebond de ce nouvel \u00e9pisode \u00e9pidermique, aussi violent soit-il, sera brutal et surviendra rapidement.
\nEn cons\u00e9quence, nous choisissons de ne pas c\u00e9der nos expositions au march\u00e9 d\u2019actions europ\u00e9ennes.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Texte” background_layout=”light” text_orientation=”center” text_font=”Oswald||||” text_font_size=”30″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” custom_margin=”40px||40px|”]<\/p>\n

Consultez nos 3 derni\u00e8res actualit\u00e9s<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”Ligne”][et_pb_column type=”4_4″][et_pb_code admin_label=”Actualite ess grid”][\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section admin_label=”Section” global_module=”490″ fullwidth=”off” specialty=”off” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” padding_mobile=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off” background_color=”#c8b8d5″ module_class=”bordure” disabled=”off” module_id=”contact” custom_padding_last_edited=”on|phone”][et_pb_row global_parent=”490″ admin_label=”Ligne” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” use_custom_gutter=”off” padding_mobile=”on” allow_player_pause=”off” parallax=”off” parallax_method=”off” make_equal=”off” column_padding_mobile=”on” parallax_1=”off” parallax_method_1=”off” custom_padding_last_edited=”on|phone” custom_margin_last_edited=”on|desktop”][et_pb_column type=”4_4″][et_pb_text global_parent=”490″ admin_label=”Contacts” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” module_id=”contacts”]<\/p>\n

\u00c9CRIVEZ-NOUS<\/h1>\n

[\/et_pb_text][et_pb_text global_parent=”490″ admin_label=”Texte” background_layout=”dark” text_orientation=”center” use_border_color=”off” border_color=”#ffffff” border_style=”solid” custom_padding=”|50px||50px” custom_padding_tablet=”|20px|0px|20px” custom_padding_phone=”|5px|0px|5px” custom_padding_last_edited=”on|tablet”]<\/p>\n

Vous \u00eates int\u00e9ress\u00e9 par l\u2019approche de Ginjer AM<\/span> et souhaitez en savoir plus ? Contactez Ginjer AM<\/span> qui vous r\u00e9pondra rapidement.<\/p>\n

[\/et_pb_text][et_pb_contact_form global_parent=”490″ admin_label=”Formulaire de contact” captcha=”off” email=”xdupont@advence.fr” use_border_color=”off” border_color=”#ffffff” border_style=”solid” custom_button=”on” button_border_radius=”50″ button_letter_spacing=”0″ button_use_icon=”off” button_icon_placement=”right” button_on_hover=”off” button_border_radius_hover=”50″ button_letter_spacing_hover=”0″ button_font=”Roboto||||” title_text_color=”#ffffff” button_text_color=”#ffffff” button_bg_color=”#ff5b72″ button_text_color_hover=”#ffffff” button_bg_color_hover=”rgba(255,91,114,0.6)” use_redirect=”off” success_message=”Merci, votre demande est envoy\u00e9e” input_border_radius=”0″ custom_css_contact_button=”float: none;||text-align: center;” module_class=”et_contact_bottom_container” custom_css_main_element=”float: none;||text-align: center;” button_border_width=”0″]<\/p>\n

[et_pb_contact_field field_id=”adress” field_title=”Votre adresse mail” field_type=”email” required_mark=”on” fullwidth_field=”on” form_field_font_select=”default” form_field_font=”||||” use_border_color=”off” border_style=”solid” \/][et_pb_contact_field field_id=”text” field_title=”Votre demande” field_type=”text” required_mark=”on” fullwidth_field=”on” form_field_font_select=”default” form_field_font=”||||” use_border_color=”off” border_style=”solid” \/]<\/p>\n

[\/et_pb_contact_form][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section admin_label=”Section” global_module=”355″ fullwidth=”off” specialty=”off” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” padding_mobile=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off” custom_padding=”25px||25px|” background_color=”#333333″][et_pb_row global_parent=”355″ admin_label=”Ligne” make_fullwidth=”on” use_custom_width=”off” width_unit=”on” use_custom_gutter=”off” padding_mobile=”off” allow_player_pause=”off” parallax=”off” parallax_method=”off” make_equal=”off” parallax_1=”off” parallax_method_1=”off” parallax_2=”off” parallax_method_2=”off” column_padding_mobile=”on” background_color=”#333333″][et_pb_column type=”1_3″][et_pb_text global_parent=”355″ admin_label=”Texte” background_layout=”light” text_orientation=”center” use_border_color=”off” border_color=”#ffffff” border_style=”solid” text_font=”Open Sans||||” text_font_size=”12″ text_text_color=”#ffffff”]<\/p>\n

Site web cr\u00e9\u00e9 par Advence<\/a> 2016.<\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”2_3″][et_pb_text global_parent=”355″ admin_label=”Texte” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” text_text_color=”#999999″ text_font=”Open Sans||||” text_font_size=”12″ text_line_height=”1.5em”]<\/p>\n

Vous pouvez consulter nos Mentions L\u00e9gales<\/a>. Le contenu utilis\u00e9 sur ce site ne doit pas \u00eatre reproduit, ni distribu\u00e9, transmis, cach\u00e9 ou utilis\u00e9 \u00e0 l’exception d’une autorisation fournie par Ginjer AM<\/span>.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section admin_label=”Section” global_module=”461″ fullwidth=”on” specialty=”off” transparent_background=”off” allow_player_pause=”off” inner_shadow=”off” parallax=”off” parallax_method=”off” custom_padding=”0px|0px|0px|0px” padding_mobile=”on” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” make_equal=”off” use_custom_gutter=”off” gutter_width=”3″ disabled_on=”on|on|on” disabled=”on”][et_pb_fullwidth_menu global_parent=”461″ admin_label=”Menu plein \u00e9cran” menu_id=”13″ background_color=”#283139″ background_layout=”dark” text_orientation=”right” submenu_direction=”upwards” fullwidth_menu=”off” dropdown_menu_animation=”fade” menu_font_size=”16px” menu_font=”Open Sans||||” active_link_color=”#ff5b72″ menu_text_color=”#ffffff” custom_css_main_element=”padding:0px;” dropdown_menu_line_color=”#ff5b72″ dropdown_menu_bg_color=”#283139″ dropdown_menu_text_color=”#ffffff” mobile_menu_bg_color=”#283139″ mobile_menu_text_color=”#ffffff”]<\/p>\n

[\/et_pb_fullwidth_menu][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

Nous comprenons les doutes en cours sur la situation en Chine. Nous voyons des tensions fortes sur les \u00e9mergents dans notre matrice des risques \u00e0 propos desquelles nous avions d\u00e9j\u00e0 communiqu\u00e9 depuis de nombreux mois. N\u00e9anmoins, la situation est tout autre dans nos signaux aujourd\u2019hui sur l\u2019Europe qui montre une stabilit\u00e9 et une r\u00e9silience certaine […]<\/p>\n","protected":false},"author":6,"featured_media":2543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"

\u00ab D\u00e9valuation \u00bb chinoise, PMI industriels de la Chine en baisse, mati\u00e8res premi\u00e8res sous pression, chute des bourses asiatiques et contagion instantan\u00e9e aux bourses occidentales.<\/p>

Cette s\u00e9quence fait \u00e9cho \u00e0 l\u2019\u00e9t\u00e9 2015 et aux mois d\u2019aout et septembre qui avaient vu le CAC 40 faire une incartade sous les 4300 points.<\/p>

La question sous-jacente est \u00e9videmment de savoir si la Chine connait une baisse de sa croissance drastique et sous-estim\u00e9e ; de nature \u00e0 entrainer dans sa chute des march\u00e9s europ\u00e9ens en convalescence et une \u00e9conomie am\u00e9ricaine en proie au doute quant \u00e0 sa capacit\u00e9 \u00e0 confirmer son plein emploi et ses valorisations boursi\u00e8res \u00e9lev\u00e9es.<\/p>

La r\u00e9ponse instantan\u00e9e du march\u00e9 \u00e0 cette question est oui.<\/p>

En creux, janvier dessine une nouvelle fois les bornes d\u2019un tunnel cr\u00e9\u00e9 en juin 2014 et dont les amplitudes se constituent autour de l\u2019\u00e9pais couloir 4200 points \/ 5200 points sur le CAC 40 notamment.<\/p>

Nos analyses de risque permettent d\u2019affirmer que nous ne sommes pas en face d\u2019un risque syst\u00e9mique et donc que cette situation ne durera pas.<\/p>

Nous faisons face \u00e0 une \u00ab amn\u00e9sie \u00bb passag\u00e8re. En effet, \u00e0 la s\u00e9quence ao\u00fbt-septembre a succ\u00e9d\u00e9 la s\u00e9quence octobre \u2013 novembre, o\u00f9 la lecture de la situation a \u00e9t\u00e9 inverse sur le support des m\u00eames arguments : \u00ab finalement la chine ne ralentit pas tant que cela, les PMI des services tiennent, les chiffres am\u00e9ricains et europ\u00e9ens montrent une r\u00e9silience forte voire une am\u00e9lioration, le prix du p\u00e9trole est guid\u00e9 par le combat g\u00e9opolitique des producteurs, et enfin les banques centrales surveillent le tout en bon chien de garde \u00bb.<\/p>

En synth\u00e8se<\/strong>, nous pensons que la baisse ne durera pas et que le march\u00e9 se retournera fortement pour deux raisons :<\/p>

1\/ sur le plan fondamental, le match n\u2019est pas termin\u00e9 comme nous le montrent les nombreuses situations contradictoires r\u00e9centes. La situation permet une lecture du verre \u00e0 moiti\u00e9 vide ou \u00e0 moiti\u00e9 plein. Sur ce dernier plan, l\u2019humeur n\u2019est pas stabilis\u00e9e et la conclusion impossible. Les chiffres publi\u00e9s encore hier en Europe montrent une nouvelle am\u00e9lioration\u2026<\/p>

2\/ sur le plan technique, les investisseurs couvrent leurs expositions mais notre matrice des risques montre qu\u2019il n\u2019y a aucun ph\u00e9nom\u00e8ne de r\u00e9assurance des couvertures engag\u00e9es sur les march\u00e9s occidentaux (hors mati\u00e8res premi\u00e8res) contrairement \u00e0 2008 et 2011. En particulier l\u2019Europe pr\u00e9sente un niveau de risque r\u00e9el faible et qui milite pour l\u2019investissement. En somme, la diffusion des risques chinois ne se r\u00e9alise pas.<\/p>","_et_gb_content_width":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[54,49],"tags":[],"class_list":["post-2529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-flash","category-news"],"yoast_head":"\nUne m\u00eame s\u00e9quence dans l\u2019association d\u2019id\u00e9es est en train de se r\u00e9p\u00e9ter en ce d\u00e9but d\u2019ann\u00e9e sur les march\u00e9s - Ginjer<\/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:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Une m\u00eame s\u00e9quence dans l\u2019association d\u2019id\u00e9es est en train de se r\u00e9p\u00e9ter en ce d\u00e9but d\u2019ann\u00e9e sur les march\u00e9s - Ginjer\" \/>\n<meta property=\"og:description\" content=\"Nous comprenons les doutes en cours sur la situation en Chine. Nous voyons des tensions fortes sur les \u00e9mergents dans notre matrice des risques \u00e0 propos desquelles nous avions d\u00e9j\u00e0 communiqu\u00e9 depuis de nombreux mois. N\u00e9anmoins, la situation est tout autre dans nos signaux aujourd\u2019hui sur l\u2019Europe qui montre une stabilit\u00e9 et une r\u00e9silience certaine […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/\" \/>\n<meta property=\"og:site_name\" content=\"Ginjer\" \/>\n<meta property=\"article:published_time\" content=\"2016-01-07T10:02:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-02-01T14:26:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ginjer-am.com\/wp-content\/uploads\/2016\/01\/vignette_corpo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ginjer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ginjer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ginjer-am.com\\\/news\\\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ginjer-am.com\\\/news\\\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\\\/\"},\"author\":{\"name\":\"Ginjer\",\"@id\":\"https:\\\/\\\/ginjer-am.com\\\/#\\\/schema\\\/person\\\/8bbffe3b784cfcb26a8ef8e0bb15c8ee\"},\"headline\":\"Une m\u00eame s\u00e9quence dans l\u2019association d\u2019id\u00e9es est en train de se r\u00e9p\u00e9ter en ce d\u00e9but d\u2019ann\u00e9e sur les march\u00e9s\",\"datePublished\":\"2016-01-07T10:02:27+00:00\",\"dateModified\":\"2017-02-01T14:26:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ginjer-am.com\\\/news\\\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\\\/\"},\"wordCount\":1770,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/ginjer-am.com\\\/news\\\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ginjer-am.com\\\/wp-content\\\/uploads\\\/2016\\\/01\\\/vignette_corpo.png\",\"articleSection\":[\"Flash\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ginjer-am.com\\\/news\\\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ginjer-am.com\\\/news\\\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\\\/\",\"url\":\"https:\\\/\\\/ginjer-am.com\\\/news\\\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\\\/\",\"name\":\"Une m\u00eame s\u00e9quence dans l\u2019association d\u2019id\u00e9es est en train de se r\u00e9p\u00e9ter en ce d\u00e9but d\u2019ann\u00e9e sur les march\u00e9s - Ginjer\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ginjer-am.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ginjer-am.com\\\/news\\\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ginjer-am.com\\\/news\\\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ginjer-am.com\\\/wp-content\\\/uploads\\\/2016\\\/01\\\/vignette_corpo.png\",\"datePublished\":\"2016-01-07T10:02:27+00:00\",\"dateModified\":\"2017-02-01T14:26:52+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/ginjer-am.com\\\/#\\\/schema\\\/person\\\/8bbffe3b784cfcb26a8ef8e0bb15c8ee\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/ginjer-am.com\\\/news\\\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ginjer-am.com\\\/news\\\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ginjer-am.com\\\/news\\\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ginjer-am.com\\\/wp-content\\\/uploads\\\/2016\\\/01\\\/vignette_corpo.png\",\"contentUrl\":\"https:\\\/\\\/ginjer-am.com\\\/wp-content\\\/uploads\\\/2016\\\/01\\\/vignette_corpo.png\",\"width\":300,\"height\":300},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/ginjer-am.com\\\/news\\\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/ginjer-am.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Une m\u00eame s\u00e9quence dans l\u2019association d\u2019id\u00e9es est en train de se r\u00e9p\u00e9ter en ce d\u00e9but d\u2019ann\u00e9e sur les march\u00e9s\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ginjer-am.com\\\/#website\",\"url\":\"https:\\\/\\\/ginjer-am.com\\\/\",\"name\":\"Ginjer\",\"description\":\"Un site utilisant WordPress\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ginjer-am.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ginjer-am.com\\\/#\\\/schema\\\/person\\\/8bbffe3b784cfcb26a8ef8e0bb15c8ee\",\"name\":\"Ginjer\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b0f2e62a4a71e4a3500742d3bccff7caef7dc8e6c4395e54a74969178c4be3ef?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b0f2e62a4a71e4a3500742d3bccff7caef7dc8e6c4395e54a74969178c4be3ef?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b0f2e62a4a71e4a3500742d3bccff7caef7dc8e6c4395e54a74969178c4be3ef?s=96&d=mm&r=g\",\"caption\":\"Ginjer\"},\"url\":\"https:\\\/\\\/ginjer-am.com\\\/en\\\/author\\\/ginjer\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Une m\u00eame s\u00e9quence dans l\u2019association d\u2019id\u00e9es est en train de se r\u00e9p\u00e9ter en ce d\u00e9but d\u2019ann\u00e9e sur les march\u00e9s - Ginjer","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:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/","og_locale":"en_US","og_type":"article","og_title":"Une m\u00eame s\u00e9quence dans l\u2019association d\u2019id\u00e9es est en train de se r\u00e9p\u00e9ter en ce d\u00e9but d\u2019ann\u00e9e sur les march\u00e9s - Ginjer","og_description":"Nous comprenons les doutes en cours sur la situation en Chine. Nous voyons des tensions fortes sur les \u00e9mergents dans notre matrice des risques \u00e0 propos desquelles nous avions d\u00e9j\u00e0 communiqu\u00e9 depuis de nombreux mois. N\u00e9anmoins, la situation est tout autre dans nos signaux aujourd\u2019hui sur l\u2019Europe qui montre une stabilit\u00e9 et une r\u00e9silience certaine […]","og_url":"https:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/","og_site_name":"Ginjer","article_published_time":"2016-01-07T10:02:27+00:00","article_modified_time":"2017-02-01T14:26:52+00:00","og_image":[{"width":300,"height":300,"url":"https:\/\/ginjer-am.com\/wp-content\/uploads\/2016\/01\/vignette_corpo.png","type":"image\/png"}],"author":"Ginjer","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ginjer","Est. reading time":"9 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/#article","isPartOf":{"@id":"https:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/"},"author":{"name":"Ginjer","@id":"https:\/\/ginjer-am.com\/#\/schema\/person\/8bbffe3b784cfcb26a8ef8e0bb15c8ee"},"headline":"Une m\u00eame s\u00e9quence dans l\u2019association d\u2019id\u00e9es est en train de se r\u00e9p\u00e9ter en ce d\u00e9but d\u2019ann\u00e9e sur les march\u00e9s","datePublished":"2016-01-07T10:02:27+00:00","dateModified":"2017-02-01T14:26:52+00:00","mainEntityOfPage":{"@id":"https:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/"},"wordCount":1770,"commentCount":0,"image":{"@id":"https:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/#primaryimage"},"thumbnailUrl":"https:\/\/ginjer-am.com\/wp-content\/uploads\/2016\/01\/vignette_corpo.png","articleSection":["Flash","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/","url":"https:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/","name":"Une m\u00eame s\u00e9quence dans l\u2019association d\u2019id\u00e9es est en train de se r\u00e9p\u00e9ter en ce d\u00e9but d\u2019ann\u00e9e sur les march\u00e9s - Ginjer","isPartOf":{"@id":"https:\/\/ginjer-am.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/#primaryimage"},"image":{"@id":"https:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/#primaryimage"},"thumbnailUrl":"https:\/\/ginjer-am.com\/wp-content\/uploads\/2016\/01\/vignette_corpo.png","datePublished":"2016-01-07T10:02:27+00:00","dateModified":"2017-02-01T14:26:52+00:00","author":{"@id":"https:\/\/ginjer-am.com\/#\/schema\/person\/8bbffe3b784cfcb26a8ef8e0bb15c8ee"},"breadcrumb":{"@id":"https:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/#primaryimage","url":"https:\/\/ginjer-am.com\/wp-content\/uploads\/2016\/01\/vignette_corpo.png","contentUrl":"https:\/\/ginjer-am.com\/wp-content\/uploads\/2016\/01\/vignette_corpo.png","width":300,"height":300},{"@type":"BreadcrumbList","@id":"https:\/\/ginjer-am.com\/news\/une-meme-sequence-dans-lassociation-didees-est-en-train-de-se-repeter-en-ce-debut-dannee-sur-les-marches\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/ginjer-am.com\/en\/"},{"@type":"ListItem","position":2,"name":"Une m\u00eame s\u00e9quence dans l\u2019association d\u2019id\u00e9es est en train de se r\u00e9p\u00e9ter en ce d\u00e9but d\u2019ann\u00e9e sur les march\u00e9s"}]},{"@type":"WebSite","@id":"https:\/\/ginjer-am.com\/#website","url":"https:\/\/ginjer-am.com\/","name":"Ginjer","description":"Un site utilisant WordPress","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ginjer-am.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ginjer-am.com\/#\/schema\/person\/8bbffe3b784cfcb26a8ef8e0bb15c8ee","name":"Ginjer","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/b0f2e62a4a71e4a3500742d3bccff7caef7dc8e6c4395e54a74969178c4be3ef?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/b0f2e62a4a71e4a3500742d3bccff7caef7dc8e6c4395e54a74969178c4be3ef?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b0f2e62a4a71e4a3500742d3bccff7caef7dc8e6c4395e54a74969178c4be3ef?s=96&d=mm&r=g","caption":"Ginjer"},"url":"https:\/\/ginjer-am.com\/en\/author\/ginjer\/"}]}},"_links":{"self":[{"href":"https:\/\/ginjer-am.com\/en\/wp-json\/wp\/v2\/posts\/2529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ginjer-am.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ginjer-am.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ginjer-am.com\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/ginjer-am.com\/en\/wp-json\/wp\/v2\/comments?post=2529"}],"version-history":[{"count":4,"href":"https:\/\/ginjer-am.com\/en\/wp-json\/wp\/v2\/posts\/2529\/revisions"}],"predecessor-version":[{"id":4264,"href":"https:\/\/ginjer-am.com\/en\/wp-json\/wp\/v2\/posts\/2529\/revisions\/4264"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ginjer-am.com\/en\/wp-json\/wp\/v2\/media\/2543"}],"wp:attachment":[{"href":"https:\/\/ginjer-am.com\/en\/wp-json\/wp\/v2\/media?parent=2529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ginjer-am.com\/en\/wp-json\/wp\/v2\/categories?post=2529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ginjer-am.com\/en\/wp-json\/wp\/v2\/tags?post=2529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}