{"id":2643,"date":"2012-12-18T14:28:12","date_gmt":"2012-12-18T13:28:12","guid":{"rendered":"http:\/\/wpginjer.advence.net\/?p=2643"},"modified":"2016-04-05T08:42:59","modified_gmt":"2016-04-05T07:42:59","slug":"le-515-decembre-2012","status":"publish","type":"post","link":"https:\/\/ginjer-am.com\/en\/news\/515\/le-515-decembre-2012\/","title":{"rendered":"Le 5:15 &#8211; D\u00e9cembre 2012"},"content":{"rendered":"<p>[et_pb_section admin_label=&#8221;Section&#8221; fullwidth=&#8221;off&#8221; specialty=&#8221;off&#8221; background_image=&#8221;https:\/\/ginjer-am.com\/wp-content\/uploads\/2015\/10\/identite_gilleleonard.jpg&#8221; transparent_background=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; inner_shadow=&#8221;off&#8221; parallax=&#8221;on&#8221; parallax_method=&#8221;off&#8221; padding_mobile=&#8221;off&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; make_equal=&#8221;off&#8221; use_custom_gutter=&#8221;off&#8221; gutter_width=&#8221;3&#8243;][et_pb_row admin_label=&#8221;Ligne&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_post_title admin_label=&#8221;Titre du poste&#8221; title=&#8221;on&#8221; meta=&#8221;on&#8221; author=&#8221;on&#8221; date=&#8221;on&#8221; categories=&#8221;off&#8221; comments=&#8221;off&#8221; featured_image=&#8221;off&#8221; featured_placement=&#8221;below&#8221; parallax_effect=&#8221;on&#8221; parallax_method=&#8221;on&#8221; text_orientation=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_background=&#8221;off&#8221; text_bg_color=&#8221;rgba(255,255,255,0.9)&#8221; module_bg_color=&#8221;rgba(255,255,255,0)&#8221; title_all_caps=&#8221;off&#8221; meta_font_size=&#8221;14&#8243; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; title_font_size=&#8221;36px&#8221;]<\/p>\n<p>[\/et_pb_post_title][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section admin_label=&#8221;section&#8221; transparent_background=&#8221;off&#8221; background_color=&#8221;#e8e8e8&#8243; allow_player_pause=&#8221;off&#8221; inner_shadow=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; padding_mobile=&#8221;off&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; make_equal=&#8221;off&#8221; use_custom_gutter=&#8221;off&#8221; gutter_width=&#8221;3&#8243;][et_pb_row admin_label=&#8221;row&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_text admin_label=&#8221;Texte&#8221; background_layout=&#8221;light&#8221; text_orientation=&#8221;left&#8221; text_font_size=&#8221;14&#8243; use_border_color=&#8221;off&#8221; border_color=&#8221;#bcbcbc&#8221; border_style=&#8221;solid&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;40px|40px|40px|40px&#8221;]<\/p>\n<p>1\/ Si au niveau fondamental les inqui\u00e9tudes persistent (\u00ab\u00a0Fiscal Cliff\u00a0\u00bb et psychodrame politique italien), nous assistons parall\u00e8lement \u00e0 un soulagement de la pression vendeuse li\u00e9e au cycle.<br \/>\n2\/ N\u00e9anmoins, il est \u00e0 noter que si la partie am\u00e9ricaine acc\u00e9l\u00e8re dans les d\u00e9bouclements en cours, et si l\u2019Espagne et l\u2019Italie confirment, la France ne suit plus, ce qui nous a amen\u00e9 \u00e0 couvrir notre sensibilit\u00e9 sur ses dettes d\u2019\u00e9tat.<br \/>\n3\/ Notre exposition taux r\u00e9siduelle (0,6 de sensibilit\u00e9) provient uniquement des investissements convertibles.<br \/>\n4\/ Nous avons renforc\u00e9 sur les quinze derniers jours notre sensibilit\u00e9 actions en portant notre liste valeurs \u00e0 30% du portefeuille avec des expositions aujourd\u2019hui majoritairement cycliques.<br \/>\n5\/ Cette embellie boursi\u00e8re correspond \u00e0 l\u2019expression d\u2019une r\u00e9duction des interactions de type \u00ab\u00a0nouvelles strat\u00e9gies\u00a0\u00bb, ph\u00e9nom\u00e8ne qui n\u2019est qu\u2019a son d\u00e9but. Cette situation met en lumi\u00e8re le formidable potentiel, de hausse si 2013 marque bien l\u2019inflexion du cycle, anticipe par ceux qui choisissent de lever une partie de leurs protections.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;row&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_text admin_label=&#8221;Texte&#8221; background_layout=&#8221;light&#8221; text_orientation=&#8221;center&#8221; text_font=&#8221;Oswald||||&#8221; text_font_size=&#8221;30&#8243; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; custom_margin=&#8221;40px||40px|&#8221;]<\/p>\n<p>Consultez nos 3 derni\u00e8res actualit\u00e9s<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Ligne&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_code admin_label=&#8221;Actualite ess grid&#8221;][\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section admin_label=&#8221;Section&#8221; global_module=&#8221;490&#8243; fullwidth=&#8221;off&#8221; specialty=&#8221;off&#8221; transparent_background=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; inner_shadow=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; custom_padding=&#8221;0px|0px&#8221; padding_mobile=&#8221;off&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; make_equal=&#8221;off&#8221; use_custom_gutter=&#8221;off&#8221; background_color=&#8221;#c8b8d5&#8243; module_class=&#8221;bordure&#8221; gutter_width=&#8221;3&#8243; disabled=&#8221;off&#8221; module_id=&#8221;contact&#8221;][et_pb_row global_parent=&#8221;490&#8243; admin_label=&#8221;Ligne&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; use_custom_gutter=&#8221;off&#8221; custom_padding=&#8221;|&#8221; padding_mobile=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; make_equal=&#8221;off&#8221; padding_bottom_1=&#8221;0px&#8221; column_padding_mobile=&#8221;on&#8221; gutter_width=&#8221;3&#8243; parallax_1=&#8221;off&#8221; parallax_method_1=&#8221;off&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_text global_parent=&#8221;490&#8243; admin_label=&#8221;Contacts&#8221; background_layout=&#8221;light&#8221; text_orientation=&#8221;left&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; module_id=&#8221;contacts&#8221;]<\/p>\n<h1 style=\"text-align: center; color: #fff;\">CONTACT<\/h1>\n<p>[\/et_pb_text][et_pb_text global_parent=&#8221;490&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;center&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; custom_padding=&#8221;|50px||50px&#8221;]<\/p>\n<p>Vous \u00eates int\u00e9ress\u00e9s par l\u2019approche de Ginjer AM et souhaitez en savoir plus ? Contactez Ginjer AM qui vous r\u00e9pondra rapidement<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row global_parent=&#8221;490&#8243; admin_label=&#8221;Ligne&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; use_custom_gutter=&#8221;off&#8221; custom_padding=&#8221;|&#8221; padding_mobile=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; make_equal=&#8221;off&#8221; padding_bottom_1=&#8221;0px&#8221; column_padding_mobile=&#8221;on&#8221; parallax_1=&#8221;off&#8221; parallax_method_1=&#8221;off&#8221; disabled=&#8221;off&#8221; custom_margin=&#8221;||20px|&#8221;][et_pb_column type=&#8221;4_4&#8243;][et_pb_contact_form global_parent=&#8221;490&#8243; admin_label=&#8221;Formulaire de contact&#8221; captcha=&#8221;off&#8221; email=&#8221;theamgarden@ginjer-am.com&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; custom_button=&#8221;on&#8221; button_border_radius=&#8221;50&#8243; button_letter_spacing=&#8221;0&#8243; button_use_icon=&#8221;off&#8221; button_icon_placement=&#8221;right&#8221; button_on_hover=&#8221;off&#8221; button_border_radius_hover=&#8221;50&#8243; button_letter_spacing_hover=&#8221;0&#8243; button_font=&#8221;Roboto||||&#8221; title_text_color=&#8221;#ffffff&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#ff5b72&#8243; button_text_color_hover=&#8221;#ffffff&#8221; button_bg_color_hover=&#8221;rgba(255,91,114,0.6)&#8221; use_redirect=&#8221;off&#8221; success_message=&#8221;Merci, votre demande est envoy\u00e9e&#8221; input_border_radius=&#8221;0&#8243; custom_css_contact_button=&#8221;float: none;||text-align: center;&#8221; module_class=&#8221;et_contact_bottom_container&#8221; custom_css_main_element=&#8221;float: none;||text-align: center;&#8221; button_border_width=&#8221;0&#8243;]<\/p>\n<p>[et_pb_contact_field field_id=&#8221;adress&#8221; field_title=&#8221;Votre adresse mail&#8221; field_type=&#8221;email&#8221; required_mark=&#8221;on&#8221; fullwidth_field=&#8221;on&#8221; form_field_font_select=&#8221;default&#8221; form_field_font=&#8221;||||&#8221; use_border_color=&#8221;off&#8221; border_style=&#8221;solid&#8221; \/][et_pb_contact_field field_id=&#8221;text&#8221; field_title=&#8221;Votre demande&#8221; field_type=&#8221;text&#8221; required_mark=&#8221;on&#8221; fullwidth_field=&#8221;on&#8221; form_field_font_select=&#8221;default&#8221; form_field_font=&#8221;||||&#8221; use_border_color=&#8221;off&#8221; border_style=&#8221;solid&#8221; \/]<\/p>\n<p>[\/et_pb_contact_form][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section admin_label=&#8221;Section&#8221; global_module=&#8221;355&#8243; fullwidth=&#8221;off&#8221; specialty=&#8221;off&#8221; transparent_background=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; inner_shadow=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; padding_mobile=&#8221;off&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; make_equal=&#8221;off&#8221; use_custom_gutter=&#8221;off&#8221; gutter_width=&#8221;3&#8243; custom_padding=&#8221;25px||25px|&#8221; background_color=&#8221;#283139&#8243;][et_pb_row global_parent=&#8221;355&#8243; admin_label=&#8221;Ligne&#8221; make_fullwidth=&#8221;off&#8221; use_custom_width=&#8221;off&#8221; width_unit=&#8221;on&#8221; use_custom_gutter=&#8221;off&#8221; gutter_width=&#8221;3&#8243; padding_mobile=&#8221;off&#8221; allow_player_pause=&#8221;off&#8221; parallax=&#8221;off&#8221; parallax_method=&#8221;off&#8221; make_equal=&#8221;off&#8221; parallax_1=&#8221;off&#8221; parallax_method_1=&#8221;off&#8221; parallax_2=&#8221;off&#8221; parallax_method_2=&#8221;off&#8221; parallax_3=&#8221;off&#8221; parallax_method_3=&#8221;off&#8221; column_padding_mobile=&#8221;on&#8221; custom_padding=&#8221;0px||0px|&#8221;][et_pb_column type=&#8221;1_4&#8243;][et_pb_text global_parent=&#8221;355&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;left&#8221; text_line_height=&#8221;1.4em&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; text_font=&#8221;Oswald||||&#8221; text_font_size=&#8221;15&#8243; text_font_size_last_edited=&#8221;off|desktop&#8221;]<\/p>\n<p><a href=\"https:\/\/ginjer-am.com\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1650 size-full\" src=\"https:\/\/ginjer-am.com\/wp-content\/uploads\/2015\/10\/ginjer_logo_blanc.png\" alt=\"ginjer_logo_blanc\" width=\"345\" height=\"98\" \/><\/a><\/p>\n<p>[\/et_pb_text][et_pb_text global_parent=&#8221;355&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;center&#8221; text_font_size=&#8221;11&#8243; text_line_height=&#8221;1.4em&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; custom_margin=&#8221;10px||10px|&#8221; disabled=&#8221;off&#8221; module_class=&#8221;linkspecial&#8221;]<\/p>\n<p>Website created by <a href=\"http:\/\/www.advence.fr\" target=\"_blank\">Advence<\/a>\u00a02015<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243;][et_pb_text global_parent=&#8221;355&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;left&#8221; text_line_height=&#8221;1.4em&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; text_font=&#8221;Oswald||||&#8221; text_font_size=&#8221;15&#8243; text_font_size_last_edited=&#8221;off|desktop&#8221;]<\/p>\n<h1>Identit\u00e9<\/h1>\n<p>[\/et_pb_text][et_pb_text global_parent=&#8221;355&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;left&#8221; text_line_height=&#8221;1.5em&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; module_class=&#8221;linkspecial&#8221; text_font_size=&#8221;13&#8243; text_font=&#8221;Open Sans||||&#8221;]<\/p>\n<p><a href=\"https:\/\/ginjer-am.com\/identite\/notre-philosophie\/\">Philosophie<\/a><br \/><a href=\"https:\/\/ginjer-am.com\/identite\/equipe\/\">\u00c9quipe<\/a><br \/><a href=\"https:\/\/ginjer-am.com\/identite\/ambition\/\">Ambition<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243;][et_pb_text global_parent=&#8221;355&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;left&#8221; text_line_height=&#8221;1.4em&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; text_font=&#8221;Oswald||||&#8221; text_font_size=&#8221;15&#8243;]<\/p>\n<h1>Services<\/h1>\n<p>[\/et_pb_text][et_pb_text global_parent=&#8221;355&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;left&#8221; text_line_height=&#8221;1.5em&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; module_class=&#8221;linkspecial&#8221; text_font=&#8221;Open Sans||||&#8221; text_font_size=&#8221;13&#8243;]<\/p>\n<p><a href=\"https:\/\/ginjer-am.com\/services\/le515\/\">5\/15<\/a><br \/><a href=\"https:\/\/ginjer-am.com\/services\/labs-news\/\">Le Lab<\/a><br \/><a href=\"https:\/\/ginjer-am.com\/services\/formation\/\">Formation<\/a><br \/><a href=\"https:\/\/ginjer-am.com\/ginjer-actifs-360\/\">Fonds<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243;][et_pb_text global_parent=&#8221;355&#8243; admin_label=&#8221;Texte&#8221; background_layout=&#8221;dark&#8221; text_orientation=&#8221;left&#8221; text_line_height=&#8221;1.4em&#8221; use_border_color=&#8221;off&#8221; border_color=&#8221;#ffffff&#8221; border_style=&#8221;solid&#8221; text_font=&#8221;Oswald||||&#8221; text_font_size=&#8221;15&#8243;]<\/p>\n<h1>Liens utiles<\/h1>\n<p>[\/et_pb_text][et_pb_text global_parent=&#8221;355&#8243; 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