{"id":154346,"date":"2026-08-06T15:04:38","date_gmt":"2026-08-06T15:04:38","guid":{"rendered":"https:\/\/am.meltedhouse.digital\/global-strategy\/"},"modified":"2026-08-26T13:25:02","modified_gmt":"2026-08-26T13:25:02","slug":"global-strategy","status":"publish","type":"page","link":"https:\/\/alpinemacro.com\/fr\/global-strategy\/","title":{"rendered":"Strat\u00e9gie mondiale"},"content":{"rendered":"\n<section class=\"oe-section oe-background-secondary oe-hero-section-image-mask oe-hero-gbv2 oe-pointer-glow gb-element-a3f1c8d2 break-out\" style=\"--inline-bg-image: url()\">\n<div class=\"oe-container oe-light oe-flex oe-flex-column oe-gap-medium oe-position-relative oe-motion-stagger gb-element-7b2e9f04\"><!--blockstudio\/alpine\/breadcrumbs--><nav class=\"am-breadcrumbs am-breadcrumbs--inherit am-breadcrumbs--collapse am-breadcrumbs--float am-breadcrumbs--float-nomobile\" aria-label=\"Breadcrumb\">\n\t<ol class=\"am-breadcrumbs__list\">\n\t\t\t\t\t<li class=\"am-breadcrumbs__item\">\n\t\t\t\t\t\t\t\t\t<a class=\"am-breadcrumbs__link\" href=\"https:\/\/alpinemacro.com\/fr\/\">Accueil<\/a>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t<li class=\"am-breadcrumbs__item\">\n\t\t\t\t\t\t\t\t\t<a class=\"am-breadcrumbs__link\" href=\"\/fr\/products-and-services\">Produit<\/a>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t<li class=\"am-breadcrumbs__item\">\n\t\t\t\t\t\t\t\t\t<span class=\"am-breadcrumbs__current\" aria-current=\"page\">Alpine Macro<\/span>\n\t\t\t\t\t\t\t<\/li>\n\t\t\t<\/ol>\n<\/nav>\n<script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"BreadcrumbList\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\/\/alpinemacro.com\/fr\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Produit\",\"item\":\"\/fr\/products-and-services\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Alpine Macro\",\"item\":\"https:\/\/alpinemacro.com\/fr\/wp-json\/wp\/v2\/pages\/154346\"}]}<\/script>\n\n\n<div class=\"oe-gap-hero-grid gb-element-dbf6a5da\">\n<div class=\"oe-flex-between oe-flex-column oe-gap-grid\">\n<div class=\"oe-flex-column oe-content-remove-margins oe-gap-content\">\n<div>\n<div class=\"gb-text oe-text-uppercase oe-badge oe-motion oe-motion-fade-up uk-badge\">ProduIt<\/div>\n<\/div>\n\n\n\n<div class=\"oe-container-small oe-container-align-left oe-flex oe-flex-column oe-gap-medium oe-content-remove-margins\">\n<h1 class=\"gb-text oe-heading oe-h1 oe-motion oe-motion-fade-up\">Strat\u00e9gie mondiale<\/h1>\n\n\n\n\n\n<div class=\"oe-motion oe-motion-fade-up\">\n<a class=\"gb-text oe-button oe-button-primary\" href=\"\/fr\/trial-access\">Demander un acc\u00e8s d\u2019essai<\/a>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"oe-gap-grid oe-grid-inner-dividers oe-grid-inner-dividers--light oe-motion oe-motion-fade-up oe-border-radius-base\" style=\"--oe-grid-columns-desktop: 3; --oe-grid-columns-tablet: 1; --oe-grid-columns-mobile: 1; --oe-grid-item-background: var(--oe-color-secondary);\">\n<div class=\"oe-padding-base\">\n<span class=\"gb-text oe-text-2xlarge oe-text-bold\">26<\/span>\n\n\n\n<p class=\"gb-text oe-text-neutral\">March\u00e9s d\u2019actifs dans le mod\u00e8le GTAAI<\/p>\n<\/div>\n\n\n\n<div class=\"oe-padding-base\">\n<span class=\"gb-text oe-text-2xlarge oe-text-bold\">12<\/span>\n\n\n\n<p class=\"gb-text oe-text-neutral\">March\u00e9s d\u00e9velopp\u00e9s couverts, plus les actions des march\u00e9s \u00e9mergents<\/p>\n<\/div>\n\n\n\n<div class=\"oe-padding-base\">\n<span class=\"gb-text oe-text-2xlarge oe-text-bold\">3x<\/span>\n\n\n\n<p class=\"gb-text oe-text-neutral\">Rapports hebdomadaires chaque mois, publi\u00e9s le lundi<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"gb-element-3f2cfbfa\">\n<!--\n  Alpine Macro \u2014 Global Strategy \"model snapshot\" \u2014 WordPress embed snippet\n  ============================================================================\n  Paste this WHOLE snippet into a Custom HTML block.\n\n  - 3D tilt lives on the HTML wrapper (.oe-device-phone-1-tilt) so it animates\n    smoothly.\n  - On load: text + numbers fade in together first, then the donut segments and\n    line charts animate in (staggered), like a phone app booting up.\n  - Uses a system-UI font stack (no async web font) so SVG text stays perfectly\n    centred at first paint \u2014 avoids the text-anchor \/ font-swap shift.\n  - Everything is namespaced under #oe-device-phone-1 so it can't collide with\n    the theme.\n  - Designed to sit on a DARK \/ NAVY background (e.g. #003469).\n  - Illustrative placeholder data \u2014 not live model output.\n-->\n<style>\n  .oe-device-phone-1-embed { width: 100%; 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stroke-opacity=\"0.5\"\/>\n              <text x=\"180\" y=\"59\" text-anchor=\"middle\" font-size=\"11\" font-weight=\"600\" fill=\"#eaf6fb\">Gov bonds \u00b7 28%<\/text>\n            <\/g>\n          <\/g>\n\n          <!-- Commodities 12% -->\n          <g class=\"oe-device-phone-1-seg-wrap\">\n            <title>Commodities \u00b7 12%<\/title>\n            <circle class=\"oe-device-phone-1-seg\" style=\"animation-delay:.48s\" cx=\"180\" cy=\"150\" r=\"62\" stroke=\"#86d9f0\" pathLength=\"100\"\n                    stroke-dasharray=\"12 88\" stroke-dashoffset=\"-70\" transform=\"rotate(-90 180 150)\"\/>\n            <g class=\"oe-device-phone-1-tip oe-device-phone-1-seg-tip\">\n              <rect x=\"118\" y=\"44\" width=\"124\" height=\"22\" rx=\"6\" fill=\"#012a52\" fill-opacity=\"0.94\" stroke=\"#00addc\" stroke-opacity=\"0.5\"\/>\n              <text x=\"180\" y=\"59\" text-anchor=\"middle\" font-size=\"11\" font-weight=\"600\" fill=\"#eaf6fb\">Commodities \u00b7 12%<\/text>\n  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x=\"180\" y=\"148\" text-anchor=\"middle\" font-size=\"32\" font-weight=\"700\" fill=\"#ffffff\">26<\/text>\n            <text x=\"180\" y=\"168\" text-anchor=\"middle\" font-size=\"10.5\" fill=\"#ffffff\" fill-opacity=\"0.6\">Markets modelled<\/text>\n          <\/g>\n        <\/g>\n\n        <!-- \u2500\u2500 Heading \u2500\u2500 -->\n        <text class=\"oe-device-phone-1-fade\" x=\"180\" y=\"250\" text-anchor=\"middle\" font-size=\"15\" font-weight=\"600\" fill=\"#ffffff\">This month&#8217;s positioning<\/text>\n\n        <!-- \u2500\u2500 Tag chips \u2500\u2500 -->\n        <g class=\"oe-device-phone-1-fade\">\n          <rect x=\"98\" y=\"266\" width=\"90\" height=\"24\" rx=\"6\" fill=\"none\" stroke=\"#ffffff\" stroke-opacity=\"0.28\"\/>\n          <text x=\"143\" y=\"282\" text-anchor=\"middle\" font-size=\"11\" fill=\"#ffffff\" fill-opacity=\"0.78\">GTAAI model<\/text>\n          <rect x=\"196\" y=\"266\" width=\"66\" height=\"24\" rx=\"6\" fill=\"none\" stroke=\"#ffffff\" stroke-opacity=\"0.28\"\/>\n          <text x=\"229\" y=\"282\" text-anchor=\"middle\" font-size=\"11\" fill=\"#ffffff\" fill-opacity=\"0.78\">Aug 2026<\/text>\n        <\/g>\n\n        <!-- \u2500\u2500 Metric row 1: Global Equities (up) \u2500\u2500 -->\n        <g class=\"oe-device-phone-1-row\">\n          <title>Global Equities \u2014 42% weight, up 2.4% vs last month (overweight)<\/title>\n          <rect class=\"oe-device-phone-1-row-bg\" x=\"30\" y=\"316\" width=\"300\" height=\"66\" rx=\"8\"\/>\n          <polyline class=\"oe-device-phone-1-spark\" style=\"animation-delay:.74s\" pathLength=\"100\" points=\"44,360 58,352 72,356 86,344 100,349 114,338 128,343\"\n                    fill=\"none\" stroke=\"#3fd39b\" stroke-width=\"1.8\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"330\" font-size=\"11\" fill=\"#ffffff\" fill-opacity=\"0.6\">Global Equities<\/text>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"358\" font-size=\"22\" font-weight=\"700\" fill=\"#ffffff\">42%<\/text>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"374\" font-size=\"10.5\"><tspan fill=\"#3fd39b\">\u2191 2.4%<\/tspan><tspan fill=\"#ffffff\" fill-opacity=\"0.55\"> vs last month<\/tspan><\/text>\n          <g class=\"oe-device-phone-1-tip oe-device-phone-1-row-tip\">\n            <rect x=\"234\" y=\"340\" width=\"86\" height=\"22\" rx=\"6\" fill=\"#012a52\" fill-opacity=\"0.94\" stroke=\"#00addc\" stroke-opacity=\"0.5\"\/>\n            <text x=\"277\" y=\"355\" text-anchor=\"middle\" font-size=\"11\" font-weight=\"600\" fill=\"#eaf6fb\">Overweight<\/text>\n          <\/g>\n        <\/g>\n        <line x1=\"44\" y1=\"382\" x2=\"316\" y2=\"382\" stroke=\"#ffffff\" stroke-opacity=\"0.12\" stroke-width=\"1\"\/>\n\n        <!-- \u2500\u2500 Metric row 2: DM Gov Bonds (up) \u2500\u2500 -->\n        <g class=\"oe-device-phone-1-row\">\n          <title>DM Government Bonds \u2014 28% weight, up 1.2% vs last month<\/title>\n          <rect class=\"oe-device-phone-1-row-bg\" x=\"30\" y=\"390\" width=\"300\" height=\"66\" rx=\"8\"\/>\n          <polyline class=\"oe-device-phone-1-spark\" style=\"animation-delay:.86s\" pathLength=\"100\" points=\"44,434 58,430 72,425 86,428 100,419 114,421 128,412\"\n                    fill=\"none\" stroke=\"#3fd39b\" stroke-width=\"1.8\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"404\" font-size=\"11\" fill=\"#ffffff\" fill-opacity=\"0.6\">DM Gov Bonds<\/text>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"432\" font-size=\"22\" font-weight=\"700\" fill=\"#ffffff\">28%<\/text>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"448\" font-size=\"10.5\"><tspan fill=\"#3fd39b\">\u2191 1.2%<\/tspan><tspan fill=\"#ffffff\" fill-opacity=\"0.55\"> vs last month<\/tspan><\/text>\n          <g class=\"oe-device-phone-1-tip oe-device-phone-1-row-tip\">\n            <rect x=\"220\" y=\"414\" width=\"100\" height=\"22\" rx=\"6\" fill=\"#012a52\" fill-opacity=\"0.94\" stroke=\"#00addc\" stroke-opacity=\"0.5\"\/>\n            <text x=\"270\" y=\"429\" text-anchor=\"middle\" font-size=\"11\" font-weight=\"600\" fill=\"#eaf6fb\">Neutral-plus<\/text>\n          <\/g>\n        <\/g>\n        <line x1=\"44\" y1=\"456\" x2=\"316\" y2=\"456\" stroke=\"#ffffff\" stroke-opacity=\"0.12\" stroke-width=\"1\"\/>\n\n        <!-- \u2500\u2500 Metric row 3: Commodities (down) \u2500\u2500 -->\n        <g class=\"oe-device-phone-1-row\">\n          <title>Commodities \u2014 12% weight, down 0.9% vs last month (underweight)<\/title>\n          <rect class=\"oe-device-phone-1-row-bg\" x=\"30\" y=\"464\" width=\"300\" height=\"66\" rx=\"8\"\/>\n          <polyline class=\"oe-device-phone-1-spark\" style=\"animation-delay:.98s\" pathLength=\"100\" points=\"44,490 58,486 72,494 86,489 100,499 114,497 128,506\"\n                    fill=\"none\" stroke=\"#f2857e\" stroke-width=\"1.8\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"478\" font-size=\"11\" fill=\"#ffffff\" fill-opacity=\"0.6\">Commodities<\/text>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"506\" font-size=\"22\" font-weight=\"700\" fill=\"#ffffff\">12%<\/text>\n          <text class=\"oe-device-phone-1-fade\" x=\"150\" y=\"522\" font-size=\"10.5\"><tspan fill=\"#f2857e\">\u2193 0.9%<\/tspan><tspan fill=\"#ffffff\" fill-opacity=\"0.55\"> vs last month<\/tspan><\/text>\n          <g class=\"oe-device-phone-1-tip oe-device-phone-1-row-tip\">\n            <rect x=\"226\" y=\"488\" width=\"94\" height=\"22\" rx=\"6\" fill=\"#012a52\" fill-opacity=\"0.94\" stroke=\"#00addc\" stroke-opacity=\"0.5\"\/>\n            <text x=\"273\" y=\"503\" text-anchor=\"middle\" font-size=\"11\" font-weight=\"600\" fill=\"#eaf6fb\">Underweight<\/text>\n 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This mimics that recompute (invisibly,\n   without moving the device or restarting the load animations) at the moments\n   layout\/fonts may have just settled, including once Poppins has loaded. *\/\n(function () {\n  var svg = document.getElementById('oe-device-phone-1');\n  if (!svg) return;\n  var tilt = svg.closest ? svg.closest('.oe-device-phone-1-tilt') : svg.parentNode;\n  if (!tilt) return;\n  var resting = 'perspective(1400px) rotateY(-11deg) rotateX(3deg)';\n  function nudge() {\n    tilt.style.transform = resting + ' translateZ(0)';      \/\/ change the transform string...\n    requestAnimationFrame(function () { tilt.style.transform = ''; }); \/\/ ...then hand back to CSS next frame\n  }\n  nudge();\n  window.addEventListener('load', nudge);\n  if (document.fonts && document.fonts.ready) { document.fonts.ready.then(nudge); }\n  setTimeout(nudge, 400);\n  setTimeout(nudge, 1200);\n})();\n<\/script>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"oe-section oe-flex oe-flex-column oe-section-muted oe-gap-container oe-pointer-glow oe-pointer-glow--blue alignfull break-out\">\n<div class=\"oe-container oe-text-center oe-flex-column oe-content-remove-margins oe-gap-content oe-motion-stagger oe-motion-trigger--late\">\n<h2 class=\"gb-text oe-heading oe-heading-eyebrow oe-motion oe-motion-fade-up\">CE QUE VOUS RECEVEZ<\/h2>\n\n\n\n<h3 class=\"gb-text oe-heading oe-text-xlarge oe-margin-auto oe-motion-fade-up oe-motion oe-text-500 gb-text-84e70db1\">Quatre volets de recherche, une vision int\u00e9gr\u00e9e<\/h3>\n<\/div>\n\n\n\n<div class=\"oe-container\">\n<div class=\"oe-gap-grid oe-motion-stagger oe-motion-trigger--late gb-element-8545b8f0\" data-oe-height-match=\".oe-card-title-wrapper\">\n<div class=\"oe-card oe-background-default oe-border-outline oe-padding-remove oe-motion oe-motion-fade-up\">\n<div class=\"oe-card-title-wrapper oe-background-secondary oe-light oe-padding-small oe-motion oe-motion-fade-up oe-flex oe-gap-small oe-flex-bottom oe-flex-between\">\n<div class=\"oe-content-remove-margins oe-flex-column oe-gap-xsmall\">\n<p class=\"gb-text oe-text-xsmall oe-text-uppercase oe-text-500 oe-text-primary\">3 fois par mois \u00b7 lundis<\/p>\n\n\n\n<h3 class=\"gb-text oe-card-title gb-text-20257c68\">Rapports hebdomadaires<\/h3>\n<\/div>\n\n\n\n<h3 class=\"oe-card-title gb-text-695e53ad\"><span class=\"gb-shape\"><svg height=\"512pt\" viewBox=\"-35 0 511 512\" width=\"512pt\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"fi_1508964\"><path d=\"m436.03125 107.03125-104.601562-102.734375c-2.804688-2.753906-6.578126-4.296875-10.511719-4.296875h-264.449219c-30.859375 0-55.96875 25.105469-55.96875 55.96875v400.0625c0 30.859375 25.105469 55.96875 55.96875 55.96875h328.082031c30.859375 0 55.96875-25.105469 55.96875-55.96875v-338.296875c0-4.027344-1.617187-7.882813-4.488281-10.703125zm-100.113281-56.273438 52.921875 51.976563h-48.152344c-2.628906 0-4.769531-2.140625-4.769531-4.769531zm48.632812 431.242188h-328.082031c-14.316406 0-25.96875-11.648438-25.96875-25.96875v-400.0625c0-14.320312 11.648438-25.96875 25.96875-25.96875h249.453125v67.964844c0 19.171875 15.597656 34.769531 34.769531 34.769531h69.828125v323.296875c0 14.320312-11.648437 25.96875-25.96875 25.96875zm0 0\"><\/path><path d=\"m324.644531 238h-211.453125c-8.285156 0-15 6.714844-15 15s6.714844 15 15 15h211.453125c8.285157 0 15-6.714844 15-15s-6.714843-15-15-15zm0 0\"><\/path><path d=\"m113.191406 328h172.414063c8.285156 0 15-6.714844 15-15s-6.714844-15-15-15h-172.414063c-8.285156 0-15 6.714844-15 15s6.714844 15 15 15zm0 0\"><\/path><path d=\"m306.40625 358h-193.214844c-8.285156 0-15 6.714844-15 15s6.714844 15 15 15h193.214844c8.28125 0 15-6.714844 15-15s-6.71875-15-15-15zm0 0\"><\/path><\/svg><\/span><\/h3>\n<\/div>\n\n\n\n<div class=\"oe-padding-small oe-motion oe-motion-fade-up\">\n<p class=\"gb-text\">Pr\u00e9voit les changements importants des conditions \u00e9conomiques, les virages de politiques et les mouvements de march\u00e9 majeurs qui en d\u00e9coulent \u2014 avec des id\u00e9es d\u2019investissement concr\u00e8tes pour tirer parti des changements attendus dans les conditions de march\u00e9.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"oe-card oe-background-default oe-border-outline oe-padding-remove oe-motion oe-motion-fade-up\">\n<div class=\"oe-card-title-wrapper oe-background-secondary oe-light oe-padding-small oe-motion oe-motion-fade-up oe-flex oe-gap-small oe-flex-bottom oe-flex-between\">\n<div class=\"oe-content-remove-margins oe-flex-column oe-gap-xsmall\">\n<p class=\"gb-text oe-text-xsmall oe-text-uppercase oe-text-500 oe-text-primary\">Trimestriel<\/p>\n\n\n\n<h3 class=\"gb-text oe-card-title gb-text-6571d433\">Perspectives strat\u00e9giques et r\u00e9partition de l\u2019actif<\/h3>\n<\/div>\n\n\n\n<h3 class=\"oe-card-title gb-text-414c6ca0\"><span class=\"gb-shape\"><svg enable-background=\"new 0 0 64 64\" viewBox=\"0 0 64 64\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" id=\"fi_12887924\"><g id=\"Captions\"><g><path d=\"m56.562 17.372c-.316-5.255-4.704-9.372-9.989-9.372h-2.573v-2c0-1.104-.896-2-2-2s-2 .896-2 2v2h-16v-2c0-1.104-.896-2-2-2s-2 .896-2 2v2h-2.573c-5.286 0-9.674 4.117-9.989 9.372-.593 9.884-.582 19.91.033 29.799.312 5.022 4.335 9.045 9.357 9.357 5.033.313 10.102.469 15.171.469 5.068 0 10.138-.156 15.171-.469 5.022-.312 9.045-4.335 9.357-9.357.616-9.884.627-19.909.035-29.799zm-4.026 29.551c-.188 3.013-2.601 5.426-5.613 5.613-9.902.615-19.944.615-29.846 0-3.013-.188-5.426-2.601-5.613-5.613-.473-7.603-.57-15.286-.317-22.923h41.707c.252 7.64.155 15.323-.318 22.923zm-30.536-30.923c1.104 0 2-.896 2-2v-2h16v2c0 1.104.896 2 2 2s2-.896 2-2v-2h2.573c3.173 0 5.807 2.465 5.996 5.611.047.794.067 1.593.106 2.389h-41.35c.04-.796.059-1.595.106-2.389.189-3.146 2.822-5.611 5.996-5.611h2.573v2c0 1.104.896 2 2 2z\"><\/path><circle cx=\"22\" cy=\"33\" r=\"3\"><\/circle><circle cx=\"32\" cy=\"33\" r=\"3\"><\/circle><circle cx=\"22\" cy=\"43\" r=\"3\"><\/circle><circle cx=\"42\" cy=\"33\" r=\"3\"><\/circle><circle cx=\"42\" cy=\"43\" r=\"3\"><\/circle><circle cx=\"32\" cy=\"43\" r=\"3\"><\/circle><\/g><\/g><g id=\"Icons\"><\/g><\/svg><\/span><\/h3>\n<\/div>\n\n\n\n<div class=\"oe-padding-small oe-motion oe-motion-fade-up\">\n<p class=\"gb-text\">Explore les th\u00e8mes macro\u00e9conomiques, cerne les grandes tendances de l\u2019\u00e9conomie et des march\u00e9s financiers mondiaux, et met en lumi\u00e8re nos recommandations qualitatives de r\u00e9partition de l\u2019actif.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"oe-card oe-background-default oe-border-outline oe-padding-remove oe-motion oe-motion-fade-up\">\n<div class=\"oe-card-title-wrapper oe-background-secondary oe-light oe-padding-small oe-motion oe-motion-fade-up oe-flex oe-gap-small oe-flex-bottom oe-flex-between\">\n<div class=\"oe-content-remove-margins oe-flex-column oe-gap-xsmall\">\n<p class=\"gb-text oe-text-xsmall oe-text-uppercase oe-text-500 oe-text-primary\">Ponctuel<\/p>\n\n\n\n<h3 class=\"gb-text oe-card-title gb-text-17d9da37\">Rapports sp\u00e9ciaux<\/h3>\n<\/div>\n\n\n\n<h3 class=\"oe-card-title gb-text-32162812\"><span class=\"gb-shape\"><svg version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" enable-background=\"new 0 0 512 512\" id=\"fi_117453\">\n  <g>\n    <g>\n      <path d=\"m289.8,200.2h-49.3v-49.3c0-11.3-9.1-20.4-20.4-20.4-11.3,0-20.4,9.1-20.4,20.4v49.3h-49.3c-11.3,0-20.4,9.1-20.4,20.4 0,11.3 9.1,20.4 20.4,20.4h49.3v49.3c0,11.3 9.1,20.4 20.4,20.4 11.3,0 20.4-9.1 20.4-20.4v-49.3h49.3c11.3,0 20.4-9.1 20.4-20.4 0-11.3-9.2-20.4-20.4-20.4z\"><\/path>\n      <path d=\"m220.2,388.7c-92.9,0-168.2-75.2-168.2-168.1s75.3-168.1 168.2-168.1 168.1,75.3 168.1,168.1-75.3,168.1-168.1,168.1zm274.8,78l-113.3-113.3c29.7-36.1 47.6-82.4 47.6-132.8 0-115.5-93.6-209.2-209.2-209.2s-209.1,93.7-209.1,209.2 93.6,209.2 209.2,209.2c50.4,0 96.6-17.8 132.7-47.5l113.3,113.3c5.2,5.3 21.1,7.9 28.9,0 7.9-8 7.9-20.9-0.1-28.9z\"><\/path>\n    <\/g>\n  <\/g>\n<\/svg><\/span><\/h3>\n<\/div>\n\n\n\n<div class=\"oe-padding-small oe-motion oe-motion-fade-up\">\n<p class=\"gb-text\">Rapports approfondis sur des sujets macro\u00e9conomiques cl\u00e9s \u2014 des tendances s\u00e9culaires des taux d\u2019int\u00e9r\u00eat mondiaux aux perspectives \u00e0 long terme de l\u2019\u00e9conomie chinoise, en passant par la \u00ab Bidenomics \u00bb et la fa\u00e7on d\u2019anticiper la prochaine fr\u00e9n\u00e9sie financi\u00e8re.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"oe-card oe-background-default oe-border-outline oe-padding-remove oe-motion oe-motion-fade-up\">\n<div class=\"oe-card-title-wrapper oe-background-secondary oe-light oe-padding-small oe-motion oe-motion-fade-up oe-flex oe-gap-small oe-flex-bottom oe-flex-between\">\n<div class=\"oe-content-remove-margins oe-flex-column oe-gap-xsmall\">\n<p class=\"gb-text oe-text-xsmall oe-text-uppercase oe-text-500 oe-text-primary\">Mensuel \u2013 propuls\u00e9 par l\u2019IA<\/p>\n\n\n\n<h3 class=\"gb-text oe-card-title gb-text-9e146b3b\">R\u00e9partition tactique mondiale de l\u2019actif avec IA (GTAAI)<\/h3>\n<\/div>\n\n\n\n<h3 class=\"oe-card-title gb-text-f0e6e44b\"><span class=\"gb-shape\"><svg id=\"fi_3803529\" enable-background=\"new 0 0 512 512\" height=\"512\" viewBox=\"0 0 512 512\" width=\"512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><g><path d=\"m512 256c0-68.38-26.629-132.667-74.98-181.02-48.353-48.351-112.64-74.98-181.02-74.98-50.156 0-98.102 14.344-139.181 41.061-8.285-7.629-19.335-12.298-31.458-12.298-25.633 0-46.487 20.854-46.487 46.487 0 11.173 3.964 21.437 10.558 29.463-32.089 43.621-49.432 96.119-49.432 151.287 0 68.38 26.629 132.667 74.98 181.02 48.353 48.351 112.64 74.98 181.02 74.98 50.156 0 98.101-14.344 139.181-41.061 8.285 7.629 19.335 12.298 31.458 12.298 25.633 0 46.487-20.854 46.487-46.487 0-11.173-3.964-21.437-10.558-29.463 32.089-43.621 49.432-96.119 49.432-151.287zm-68.874 180.75c0 9.091-7.396 16.487-16.487 16.487s-16.487-7.396-16.487-16.487 7.396-16.487 16.487-16.487 16.487 7.396 16.487 16.487zm-16.487-46.487c-25.633 0-46.487 20.854-46.487 46.487 0 2.583.221 5.114.628 7.583-19.81 13.169-41.805 23.294-65.317 29.713 8.063-11.573 15.44-25.658 21.954-42.111 8.264-20.872 14.884-44.726 19.703-70.56h98.758c-5.571 10.525-11.939 20.566-19.041 30.028-3.285-.738-6.695-1.14-10.198-1.14zm-224.162 30.628c-4.261-10.763-8.049-22.421-11.344-34.806 9.204-5.617 16.301-14.347 19.844-24.71h115.614c-4.345 21.767-10.071 41.844-17.068 59.516-15.15 38.264-35.158 61.109-53.523 61.109s-38.374-22.845-53.523-61.109zm-159.536-89.516c-8.369-23.587-12.941-48.955-12.941-75.375 0-25.142 4.132-49.336 11.743-71.944h108.042c-2.768 23.064-4.202 47.243-4.202 71.944 0 16.357.631 32.484 1.859 48.211-11.421 5.316-20.331 15.134-24.445 27.164zm25.933-256.125c0-9.091 7.396-16.487 16.487-16.487s16.487 7.396 16.487 16.487-7.396 16.487-16.487 16.487-16.487-7.396-16.487-16.487zm16.487 46.487c25.633 0 46.487-20.854 46.487-46.487 0-2.583-.221-5.113-.628-7.582 19.81-13.169 41.805-23.294 65.318-29.714-8.062 11.573-15.44 25.658-21.954 42.111-8.628 21.793-15.463 46.837-20.328 73.99h-99.92c5.98-11.781 12.956-22.973 20.828-33.459 3.284.739 6.693 1.141 10.197 1.141zm224.162-30.628c4.601 11.621 8.648 24.29 12.119 37.787-9.577 5.594-16.978 14.51-20.62 25.16h-116.28c4.419-23.089 10.371-44.351 17.734-62.947 15.15-38.264 35.159-61.109 53.524-61.109s38.373 22.845 53.523 61.109zm160.734 92.947c7.611 22.608 11.743 46.802 11.743 71.944 0 26.42-4.572 51.788-12.941 75.375h-107.273c3.045-24.093 4.631-49.445 4.631-75.375 0-15.209-.55-30.217-1.614-44.892 11.304-5.341 20.115-15.108 24.199-27.052zm-259.28 147.319c-5.17-15.119-17.919-26.744-33.699-30.325-1.119-14.674-1.695-29.742-1.695-45.05 0-24.834 1.512-49.038 4.415-71.944h121.025c5.198 15.2 18.056 26.87 33.953 30.384.951 13.57 1.441 27.463 1.441 41.561 0 26.078-1.667 51.46-4.862 75.375h-120.578zm-60.477 15c0-9.091 7.396-16.487 16.487-16.487s16.487 7.396 16.487 16.487-7.396 16.487-16.487 16.487-16.487-7.396-16.487-16.487zm211-177.319c0 9.091-7.396 16.487-16.487 16.487s-16.487-7.396-16.487-16.487 7.396-16.487 16.487-16.487 16.487 7.395 16.487 16.487zm96.164-15h-68.661c-5.624-16.446-20.217-28.758-37.921-31.078-3.872-15.326-8.439-29.715-13.664-42.912-6.514-16.453-13.892-30.539-21.954-42.111 62.085 16.949 113.604 59.762 142.2 116.101zm-401.542 207.319h66.875c5.721 16.73 20.722 29.188 38.839 31.195 3.671 14 7.927 27.192 12.747 39.364 6.514 16.453 13.892 30.539 21.954 42.111-60.818-16.603-111.49-58.027-140.415-112.67z\"><\/path><\/g><\/svg><\/span><\/h3>\n<\/div>\n\n\n\n<div class=\"oe-padding-small oe-motion oe-motion-fade-up\">\n<p class=\"gb-text\">Un mod\u00e8le mensuel g\u00e9n\u00e9rant des r\u00e9partitions recommand\u00e9es sur 26 march\u00e9s d\u2019actifs dans 12 pays d\u00e9velopp\u00e9s et les actions des march\u00e9s \u00e9mergents. Ind\u00e9pendant de tout indice de r\u00e9f\u00e9rence et con\u00e7u pour maximiser les rendements absolus.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"oe-section oe-flex oe-flex-column oe-gap-container alignfull break-out\">\n<div class=\"oe-container\">\n<div class=\"oe-gap-grid oe-motion-stagger oe-motion-trigger--late gb-element-5a3adc17\">\n<div>\n<div class=\"oe-border-outline oe-box-shadow-xsmall oe-flex oe-padding-2xsmall oe-border-rounded oe-motion oe-motion-fade-up oe-flex-column oe-content-remove-margins oe-gap-small\">\n<figure class=\"oe-width-auto\">\n<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" class=\"oe-border-rounded oe-aspect-ratio-1-1 gb-media-4ae726ed\" alt=\"\" src=\"https:\/\/alpinemacro.com\/wp-content\/uploads\/2026\/05\/Chen_Zhao-300x300-1.jpg\" title=\"Chen_Zhao-300x300-1\" srcset=\"https:\/\/alpinemacro.com\/wp-content\/uploads\/2026\/05\/Chen_Zhao-300x300-1.jpg 300w, https:\/\/alpinemacro.com\/wp-content\/uploads\/2026\/05\/Chen_Zhao-300x300-1-150x150.jpg 150w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>\n<\/figure>\n\n\n\n<div class=\"oe-flex oe-flex-column oe-width-expand oe-content-remove-margins\">\n<div class=\"oe-content-remove-margins\">\n<p class=\"gb-text oe-text-bold oe-text-medium gb-text-e6c6b274\">Chen Zhao<\/p>\n\n\n\n<p class=\"gb-text oe-text-primary oe-text-500 oe-text-small\">Strat\u00e8ge en chef, strat\u00e9gie mondiale<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div>\n<div class=\"oe-flex-column oe-content-remove-margins oe-gap-content oe-motion-stagger oe-motion-trigger--late\">\n<h2 class=\"gb-text oe-heading oe-heading-eyebrow oe-motion oe-motion-fade-up\">DIRIG\u00c9 PAR<\/h2>\n\n\n\n<h3 class=\"gb-text oe-heading oe-text-xlarge oe-margin-auto oe-motion-fade-up oe-motion oe-text-500\">La Strat\u00e9gie mondiale est dirig\u00e9e par Chen Zhao, strat\u00e8ge en chef, strat\u00e9gie mondiale de la firme.<\/h3>\n\n\n\n<p class=\"gb-text oe-motion oe-motion-fade-up\">Chen Zhao est le strat\u00e8ge en chef, strat\u00e9gie mondiale, d\u2019Alpine Macro. De 2015 \u00e0 2016, il a \u00e9t\u00e9 codirecteur de la recherche macro\u00e9conomique chez Brandywine Global Investment Management. Avant Brandywine Global, Chen a pass\u00e9 23 ans \u00e0 BCA Research \u00e0 titre d\u2019associ\u00e9, de r\u00e9dacteur en chef et de strat\u00e8ge mondial en chef; il a con\u00e7u et r\u00e9dig\u00e9 les publications de BCA sur la Chine et les march\u00e9s \u00e9mergents dans les ann\u00e9es 1990.<\/p>\n\n\n\n<p class=\"gb-text oe-motion-fade-up\">Chen est devenu le strat\u00e8ge mondial en chef de la firme dans les ann\u00e9es 2000 et a \u00e9t\u00e9 l\u2019auteur de la publication phare de BCA, Global Investment Strategy, de 2005 \u00e0 2015. Il est titulaire d\u2019une ma\u00eetrise en \u00e9conomie de la Central University of Finance and Economics, a \u00e9t\u00e9 chercheur invit\u00e9 \u00e0 l\u2019Universit\u00e9 de l\u2019Illinois \u00e0 Urbana-Champaign et a poursuivi des \u00e9tudes de troisi\u00e8me cycle en tant que candidat au doctorat \u00e0 l\u2019Universit\u00e9 McGill.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"oe-section oe-section-primary oe-flex oe-flex-column oe-gap-container oe-motion-stagger oe-motion-trigger--late alignfull break-out\">\n<div class=\"oe-container oe-flex-column oe-content-remove-margins oe-gap-content\">\n<h2 class=\"gb-text oe-heading oe-heading-eyebrow oe-motion oe-motion-fade-up\">Vous aimerez peut-\u00eatre aussi<\/h2>\n\n\n\n<div class=\"gb-carousel oe-flex oe-flex-column oe-gap-2xsmall oe-carousel oe-motion oe-motion-fade-up gb-carousel-3c9a7f18\" data-slides-per-view=\"3\" data-space-between=\"32px\" data-mousewheel=\"true\" 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data-pagination-type=\"bullets\"><span class=\"gb-carousel-dot\" style=\"display: inline-block !important;\"><\/span><\/nav>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"oe-section oe-section-primary oe-flex oe-flex-column oe-gap-container oe-motion-stagger oe-motion-trigger--early gb-element-23933607 alignfull break-out\">\n<div class=\"oe-container\">\n<div class=\"oe-flex-column oe-gap-content-grid oe-motion oe-motion-fade-up gb-element-c3d4e5f6k\">\n<div class=\"oe-flex-column oe-heading-remove-margins oe-gap-small\">\n<h2 class=\"gb-text oe-heading oe-heading-eyebrow\">COMMEN\u00c7ONS<\/h2>\n\n\n\n<h3 class=\"gb-text oe-heading oe-text-500 oe-text-xlarge\">Commencez votre essai de <br>Strat\u00e9gie mondiale<\/h3>\n<\/div>\n\n\n\n<div class=\"oe-content-remove-margins oe-flex-column oe-gap-content-grid\">\n<p class=\"gb-text\">Cliquez ci-dessous pour obtenir d\u00e8s maintenant un acc\u00e8s d&#8217;essai au service Alpine Macro Strat\u00e9gie mondiale.<\/p>\n\n\n\n<div class=\"oe-flex oe-gap-small oe-flex-center\">\n<a class=\"gb-text oe-button oe-button-primary\" href=\"\/fr\/trial-access\">Commencer votre essai<\/a>\n\n\n\n<a class=\"gb-text oe-button oe-button-outline\" href=\"https:\/\/alpinemacro.com\/fr\/contact-us\/\">Parler \u00e0 l\u2019\u00e9quipe<\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>The focus of the service is to identify major investment opportunities in all asset classes around the globe, provide asset allocation recommendations, and warn against developing major risks.<\/p>\n","protected":false},"author":61,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"tags":[],"content_type":[5957],"class_list":["post-154346","page","type-page","status-publish"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast 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