{"id":12963,"date":"2023-06-07T15:16:05","date_gmt":"2023-06-07T12:16:05","guid":{"rendered":"https:\/\/businessexpress.ro\/?p=12963"},"modified":"2026-01-03T21:55:42","modified_gmt":"2026-01-03T19:55:42","slug":"fundstrat-prognozeaza-o-crestere-de-20-a-pietei-de-actiuni-in-acest-an-cu-conditia-sa-se-depaseasca-trei-bariere-esentiale","status":"publish","type":"post","link":"https:\/\/businessexpress.ro\/ro\/fundstrat-prognozeaza-o-crestere-de-20-a-pietei-de-actiuni-in-acest-an-cu-conditia-sa-se-depaseasca-trei-bariere-esentiale\/","title":{"rendered":"Fundstrat prognozeaz\u0103 o cre\u0219tere de 20% a pie\u021bei de ac\u021biuni \u00een acest an, cu condi\u021bia s\u0103 se dep\u0103\u0219easc\u0103 trei bariere esen\u021biale"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Pia\u021ba de ac\u021biuni are poten\u021bialul s\u0103 urce cu 20% \u00een cursul acestui an dac\u0103 poate trece de trei obstacole majore, conform analizelor realizate de Fundstrat, o companie reputat\u0103 de cercetare financiar\u0103.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"800\" height=\"533\" data-attachment-id=\"12965\" data-permalink=\"https:\/\/businessexpress.ro\/ro\/fundstrat-prognozeaza-o-crestere-de-20-a-pietei-de-actiuni-in-acest-an-cu-conditia-sa-se-depaseasca-trei-bariere-esentiale\/tom-lee-fundstrat\/\" data-orig-file=\"https:\/\/i0.wp.com\/businessexpress.ro\/wp-content\/uploads\/2023\/06\/tom-lee-fundstrat-scaled.jpg?fit=800%2C533&amp;ssl=1\" data-orig-size=\"800,533\" data-comments-opened=\"0\" data-image-title=\"tom-lee-fundstrat\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/businessexpress.ro\/wp-content\/uploads\/2023\/06\/tom-lee-fundstrat-scaled.jpg?fit=800%2C533&amp;ssl=1\" data-src=\"https:\/\/i0.wp.com\/businessexpress.ro\/wp-content\/uploads\/2023\/06\/tom-lee-fundstrat-scaled.jpg?resize=800%2C533&#038;ssl=1\" alt=\"\" class=\"wp-image-12965 lazyload\" data-srcset=\"https:\/\/i0.wp.com\/businessexpress.ro\/wp-content\/uploads\/2023\/06\/tom-lee-fundstrat-scaled.jpg?w=800&amp;ssl=1 800w, https:\/\/i0.wp.com\/businessexpress.ro\/wp-content\/uploads\/2023\/06\/tom-lee-fundstrat-scaled.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/businessexpress.ro\/wp-content\/uploads\/2023\/06\/tom-lee-fundstrat-scaled.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/businessexpress.ro\/wp-content\/uploads\/2023\/06\/tom-lee-fundstrat-scaled.jpg?resize=18%2C12&amp;ssl=1 18w, https:\/\/i0.wp.com\/businessexpress.ro\/wp-content\/uploads\/2023\/06\/tom-lee-fundstrat-scaled.jpg?resize=165%2C109&amp;ssl=1 165w\" data-sizes=\"(max-width: 800px) 100vw, 800px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 800px; --smush-placeholder-aspect-ratio: 800\/533;\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Principalul analist al Fundstrat, Tom Lee, consider\u0103 c\u0103 exist\u0103 o serie de factori care sus\u021bin aceast\u0103 perspectiv\u0103 optimist\u0103. \u00cen primul r\u00e2nd, infla\u021bia pare s\u0103 fie \u00een sc\u0103dere. \u00cen al doilea r\u00e2nd, diversitatea ac\u021biunilor tranzac\u021bionate pe pia\u021b\u0103 (cunoscut\u0103 ca &#8220;l\u0103\u021bimea pie\u021bei&#8221;) este \u00een cre\u0219tere.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Lee a apreciat de mai multe luni c\u0103 suntem la \u00eenceputul unei pie\u021be bullish, adic\u0103 un trend ascendent pe pia\u021ba de ac\u021biuni.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A\u0219adar, dac\u0103 pia\u021ba de ac\u021biuni poate trece de trei provoc\u0103ri majore, avem toate \u0219ansele s\u0103 asist\u0103m la un rally puternic \u00een 2023.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Aceste obstacole sunt urm\u0103toarele:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Infla\u021bia: Dac\u0103 ratele infla\u021biei continu\u0103 s\u0103 scad\u0103, aceasta ar putea stimula o cre\u0219tere a pre\u021bului ac\u021biunilor, deoarece Federal Reserve (Fed) ar putea decide s\u0103 men\u021bin\u0103 sau chiar s\u0103 reduc\u0103 ratele dob\u00e2nzii.<\/li>\n\n\n\n<li>Ac\u021biunile tehnologice: \u00cen 2023, ac\u021biunile tehnologice au \u00eenregistrat o cre\u0219tere considerabil\u0103 datorit\u0103 interesului crescut pentru inteligen\u021ba artificial\u0103. Dac\u0103 acest trend continu\u0103, este posibil ca ac\u021biunile acestor companii s\u0103 cunoasc\u0103 cre\u0219teri suplimentare.<\/li>\n\n\n\n<li>Diversitatea pie\u021bei: O diversitate mai mare a ac\u021biunilor tranzac\u021bionate pe pia\u021b\u0103 (cunoscut\u0103 \u0219i ca &#8220;l\u0103\u021bimea pie\u021bei&#8221;) poate indica o tendin\u021b\u0103 ascendent\u0103 a pie\u021bei \u00een ansamblu.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">De\u0219i Lee a fost optimist \u00een leg\u0103tur\u0103 cu evolu\u021bia pie\u021bei de ac\u021biuni pentru cea mai mare parte a anului trecut, unele dintre predic\u021biile sale nu s-au concretizat. De exemplu, a prezis c\u0103 S&amp;P 500 va atinge noi \u00een\u0103l\u021bimi \u00een 2022, dar \u00een realitate, indicele a \u00eenregistrat o sc\u0103dere de 20%. Cu toate acestea, el r\u0103m\u00e2ne optimist \u0219i se a\u0219teapt\u0103 ca S&amp;P 500 s\u0103 \u00eenregistreze o cre\u0219tere de 24% \u00een 2023 dac\u0103 Fed va \u00eencetini cre\u0219terea ratelor de dob\u00e2nd\u0103.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tom Lee este un analist financiar recunoscut \u00een domeniul investi\u021biilor \u0219i este cofondator, director general \u0219i \u0219eful departamentului de cercetare al Fundstrat Global Advisors, o firm\u0103 de consultan\u021b\u0103 \u0219i strategie de investi\u021bii cu sediul \u00een New York. Fundstrat este cunoscut pentru cercet\u0103rile sale aprofundate \u0219i analizele sale de \u00eenalt\u0103 calitate \u00een domeniul investi\u021biilor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00cenainte de a \u00eenfiin\u021ba Fundstrat, Lee a lucrat pentru J.P. Morgan ca strateg \u0219ef de ac\u021biuni pentru Statele Unite. Este cunoscut pentru opiniile sale deseori optimiste (bullish) despre pie\u021bele de ac\u021biuni \u0219i pentru analizele sale detaliate legate de ciclurile economice \u0219i de impactul lor asupra pie\u021belor de capital.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">De-a lungul carierei sale, Lee a fost des nominalizat \u00een topurile de anali\u0219ti financiari \u0219i a ap\u0103rut frecvent \u00een mass-media financiar\u0103, inclusiv pe canale precum CNBC \u0219i Bloomberg, unde \u00ee\u0219i \u00eemp\u0103rt\u0103\u0219e\u0219te viziunile asupra tendin\u021belor de investi\u021bii actuale.<\/p>","protected":false},"excerpt":{"rendered":"<p>Pia\u021ba de ac\u021biuni are poten\u021bialul s\u0103 urce cu 20% \u00een cursul acestui an dac\u0103 poate trece de trei obstacole majore, conform analizelor realizate de Fundstrat, o companie reputat\u0103 de cercetare financiar\u0103. Principalul analist al Fundstrat, Tom Lee, consider\u0103 c\u0103 exist\u0103 o serie de factori care sus\u021bin aceast\u0103 perspectiv\u0103 optimist\u0103. \u00cen [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12965,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"wpzoom_is_breaking":1,"source_url":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[17],"tags":[],"class_list":["post-12963","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economic"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paH2fj-3n5","jetpack_featured_media_url":"https:\/\/i0.wp.com\/businessexpress.ro\/wp-content\/uploads\/2023\/06\/tom-lee-fundstrat-scaled.jpg?fit=800%2C533&ssl=1","_links":{"self":[{"href":"https:\/\/businessexpress.ro\/ro\/wp-json\/wp\/v2\/posts\/12963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businessexpress.ro\/ro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businessexpress.ro\/ro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businessexpress.ro\/ro\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/businessexpress.ro\/ro\/wp-json\/wp\/v2\/comments?post=12963"}],"version-history":[{"count":1,"href":"https:\/\/businessexpress.ro\/ro\/wp-json\/wp\/v2\/posts\/12963\/revisions"}],"predecessor-version":[{"id":12966,"href":"https:\/\/businessexpress.ro\/ro\/wp-json\/wp\/v2\/posts\/12963\/revisions\/12966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businessexpress.ro\/ro\/wp-json\/wp\/v2\/media\/12965"}],"wp:attachment":[{"href":"https:\/\/businessexpress.ro\/ro\/wp-json\/wp\/v2\/media?parent=12963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businessexpress.ro\/ro\/wp-json\/wp\/v2\/categories?post=12963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businessexpress.ro\/ro\/wp-json\/wp\/v2\/tags?post=12963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}