{"id":16365,"date":"2023-11-16T10:22:42","date_gmt":"2023-11-16T07:22:42","guid":{"rendered":"https:\/\/roboforex.com\/es\/blog\/?p=16365"},"modified":"2024-02-20T18:17:42","modified_gmt":"2024-02-20T15:17:42","slug":"previsiones-del-sp-500-analisis-de-las-perspectivas-para-finales-de-2023","status":"publish","type":"post","link":"https:\/\/roboforex.com\/es\/blog\/2023\/11\/16\/previsiones-del-sp-500-analisis-de-las-perspectivas-para-finales-de-2023\/","title":{"rendered":"Previsiones del S&amp;P 500: An\u00e1lisis de las perspectivas para finales de 2023"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>El &iacute;ndice S&amp;P 500 (<a href=\"https:\/\/roboforex.com\/es\/beginners\/info\/charts\/indices\/us500indexcash\/\" data-internallinksmanager029f6b8e52c=\"197\" title=\"US500\">US500<\/a>) alcanz&oacute; los 4.415,00 puntos el 13 de noviembre, marcando una subida del 14,5% desde principios de a&ntilde;o. Sin embargo, hay un descenso del 4,2% desde el m&aacute;ximo de 4.600,00 puntos alcanzado el 27 de julio de 2023. En este art&iacute;culo exploraremos si el &iacute;ndice tiene alguna posibilidad de alcanzar un nuevo m&aacute;ximo a finales de 2023.<\/p>\n\n\n\n<p>Analizaremos los principales factores financieros de la econom&iacute;a estadounidense que influyen en el comportamiento del S&amp;P 500. 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          <\/style>        <script>            var dataCss = {\t\t\t\twidth: '100%',                maxWidth: '98%',                fontSize: '16px',                padding: '10px',                margin: '0 auto',                marginTop: '-1rem',                borderStyle: 'none',                borderWidth: '2px',                borderColor: 'rgba(12,98,145,0)',                background: '#edf1f7',                color: 'rgba(12,98,145,0)',                transition: '.3s ease',                WebkitAppearance: 'none',                appearance: 'none',                };            var hoverCss = {                background: 'rgba(12,98,145,0)',                color: '#edf1f7',                borderColor: '#edf1f7',            };        <\/script><div style='margin-bottom: 1rem;' class='ays-poll-main .US500Cash' id='ays-poll-container-4' data-load-method='1'>        <form style='margin-bottom: 0;' >                        <div                dir='ltr'        data-loading='blur'        data-load-gif=''        data-load-gif-font-size='64'                data-hide-bg-image='true'        data-gradient-check=''        data-gradient-dir='to bottom'        data-gradient-c1='#103251'        data-gradient-c2='#607593'        data-hide-bg-image-def-color='#edf1f7'        data-show-social=''        class='box-apm  choosing-poll ays-poll-id-6a37a95b37804 '        id='ays-poll-id-6a37a95b37804'        data-res='0'        data-res-sort='none'        data-restart ='false'        data-redirection = '0'        data-redirect-check = '0'        data-url-href = ''        data-href = ''        data-delay = '0'        data-id='4'        data-res-rgba = ''        data-percent-color = '#0c6291'        data-enable-top-animation = ''        data-top-animation-scroll = '100'        data-info-form=''        data-enable-social-links=''        ><div class='ays_poll_cb_and_a'><\/div><div class='apm-title-box'><div>\u00bfCu\u00e1l es su opini\u00f3n sobre .US500Cash?<\/div><\/div><div class='ays-poll-id-6a37a95b37804 ays_question'><\/div><div class='ays-poll-id-6a37a95b37804 hideResults ays-poll-hide-result-box'> <\/div><div class='apm-answers apm-answers-without-submit ays_poll_grid_view_container'>\t\t\t\t\t\t\t\t\t\t\t<div class='apm-choosing answer-ays-poll-id-6a37a95b37804  ays-poll-field ays-poll-answer-container-gird' >\t\t\t\t\t\t\t\t\t\t\t<input type=radio name='answer' id='radio-0-ays-poll-id-6a37a95b37804' value='10' autocomplete=\"off\">\t\t\t\t\t\t\t\t\t\t\t<label \t\t\t\t\t\t\t\t\t\t\t\tfor='radio-0-ays-poll-id-6a37a95b37804' \t\t\t\t\t\t\t\t\t\t\t\tclass='ays_label_poll   ays_enable_hover ays_label_font_size ays_poll_answer_icon_checkbox  ays-poll-answer-container-label-grid' \t\t\t\t\t\t\t\t\t\t\t\tdata-answers-url=''\t\t\t\t\t\t\t\t\t\t\t> <p style='' class='ays-poll-answers'><span class='ays-poll-each-answer-grid'>Alcista<\/span><\/p><\/label>\t\t\t\t\t\t\t\t\t\t\t<\/div>\t\t\t\t\t\t\t\t\t\t\t<div class='apm-choosing 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style=\\\"text-align: center;\\\">The poll will be available soon!<\/p>\n","active_date_message":"<p style=\\\"text-align: center;\\\">The poll has expired!<\/p>\n","show_result_btn_schedule":0,"dont_show_poll_cont":"off","allow_not_vote":0,"see_res_btn_text":"See Results","enable_pass_count":null,"redirect_users":0,"redirect_after_vote_url":false,"redirection_delay":0,"randomize_answers":"off","enable_asnwers_sound":"off","poll_vote_reason":"off","enable_vote_btn":0,"btn_text":"Vote","enable_view_more_button":"off","poll_view_more_button_count":0,"answer_sort_type":"default","show_answers_numbering":"none","hide_results":0,"hide_result_message":1,"hide_results_text":"<p style=\"text-align: center;\">Thanks for your answer!<\/p>","result_message":"<div class=\"sentiment__row custom-answer\" style=\"display: flex; align-items: center;\">\r\n<div class=\"sentiment__bl sentiment__memory\" style=\"margin-right: 10px;\">\r\n<div>\r\n<p class=\"js-vote-bull hidden\" style=\"color: #2e3a59; font-size: 13px; font-weight: 500; line-height: 18px; text-align: left;\">Ha votado <strong>Alcista<\/strong><\/p>\r\n<p class=\"js-vote-bear\" style=\"color: #2e3a59; font-size: 13px; font-weight: 500; line-height: 18px; text-align: left;\">Ha votado <strong>Bajista<\/strong><\/p>\r\n<p style=\"color: #8f9bb3; font-size: 13px; line-height: 18px; text-align: left; visibility: hidden; height: 0;\">Give a try<\/p>\r\n<\/div>\r\n<\/div>\r\n<div class=\"sentiment__bl\" style=\"display: flex;\">\r\n<div class=\"button-main rounded js_signup_new js-analyticsClick\" data-link=\"uu\" data-type=\"bullBearWidget_trade\">Empezar a operar<\/div>\r\n<div class=\"button-outlined rounded js_signup js-analyticsClick\" data-link=\"uu\" data-type=\"bullBearWidget\" data-demomode=\"true\">Probar demo<\/div>\r\n<\/div>\r\n<\/div>\r\n","show_social":0,"poll_social_buttons_heading":"","poll_show_social_ln":"on","poll_show_social_fb":"on","poll_show_social_tr":"on","poll_show_social_vk":"off","load_effect":"blur","load_gif":"plg_default","limit_users":1,"limit_users_method":"ip","limitation_message":"<p style=\\\"text-align: left;font-size: 16px;color: #8F9BB3;\\\">Ya ha votado usted<\/p>\n","redirect_url":false,"user_role":[],"enable_restriction_pass":0,"restriction_pass_message":"<p style=\\\"text-align: center;\\\">You don\\'t have permissions for passing the poll<\/p>\n","enable_logged_users":0,"enable_logged_users_message":"<p style=\\\"text-align: center;\\\">You must sign in for passing the poll<\/p>\n","notify_email_on":0,"notify_email":"n.suvorov@robopro.team","result_sort_type":"none","create_date":"2023-11-16 09:56:21","author":{"id":"21","name":"Maks Artemov"},"redirect_after_vote_delay":0,"published":1,"enable_restart_button":0,"show_votes_count":0,"show_res_percent":1,"show_login_form":"off","info_form":0,"fields":"apm_name,apm_email,apm_phone","required_fields":"apm_email","info_form_title":"<h5>Please fill out the form:<\/h5>\n","enable_mailchimp":"off","redirect_after_submit":0,"mailchimp_list":"","users_role":"[]","poll_bg_image_position":"center center","poll_bg_img_in_finish_page":"on","ays_add_post_for_poll":"off","result_in_rgba":"off","show_passed_users":"off","see_result_button":"on","see_result_radio":"ays_see_result_immediately","loader_font_size":"64","effect_message":"","poll_allow_collecting_users_data":"off","poll_every_answer_redirect_delay":"","poll_enable_answer_image_after_voting":"off","poll_enable_answer_redirect_delay":"off","poll_show_passed_users_count":3,"poll_allow_answer":"off","poll_allow_answer_require":"off","poll_answer_image_height":"150","poll_answer_image_height_for_mobile":"150","poll_title_alignment":"left","poll_text_type_length_enable":"off","poll_text_type_limit_type":"characters","poll_text_type_limit_length":"","poll_text_type_limit_message":"off","poll_text_type_placeholder":"Your answer","poll_text_type_width":"","poll_text_type_width_type":"percent","poll_enable_password":"off","poll_password":"","poll_enable_password_visibility":"off","poll_password_message":"Please enter password","display_fields_labels":"off","poll_create_author":"","poll_logo_url_new_tab":"off","enable_social_links":"off","poll_social_links_heading":"","social_links":{"linkedin_link":"","facebook_link":"","twitter_link":"","vkontakte_link":"","youtube_link":""},"show_chart_type":"default_bar_chart","show_chart_type_google_height":400,"answers_grid_column_mobile":"on","poll_enable_animation_top":"on"}';\t\t\t<\/script><\/div><\/form><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Como_pueden_influir_la_inflacion_y_las_medidas_de_la_Fed_en_el_S_P_500\"><\/span><a><\/a>C&oacute;mo pueden influir la inflaci&oacute;n y las medidas de la Fed en el S&amp;P 500<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>En marzo de 2020, la Reserva Federal de EE.UU. (FED)&nbsp;<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-03-23\/fed-signals-unlimited-qe-adds-aid-for-companies-municipalities\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">anunci&oacute;<\/a>&nbsp;el lanzamiento del programa de expansi&oacute;n cuantitativa (EC), una pol&iacute;tica crediticia y monetaria que podr&iacute;a fomentar el crecimiento econ&oacute;mico, el empleo y la inflaci&oacute;n, pero que tambi&eacute;n puede acarrear consecuencias negativas como burbujas financieras, aumento del deuda e hiperinflaci&oacute;n.<\/p>\n\n\n\n<p>Como parte de la EC, se inici&oacute; la compra de bonos del Estado, valores respaldados por hipotecas, bonos corporativos y otros activos en el mercado. El programa tiene por objeto mantener bajos los tipos de inter&eacute;s, estimular el consumo y la inversi&oacute;n y evitar la deflaci&oacute;n y la recesi&oacute;n.<\/p>\n\n\n\n<p>EE.UU. utiliz&oacute; por primera vez el programa de expansi&oacute;n cuantitativa en 2008, tras la crisis financiera. Esto ayud&oacute; a la econom&iacute;a del pa&iacute;s a paliar sus consecuencias y volver a crecer.<\/p>\n\n\n\n<p>Es hora de preguntarse sobre la conexi&oacute;n entre la EC y el S&amp;P 500. Intentemos explicarlo. Inyectar dinero en la econom&iacute;a tiende a estimular la demanda de bienes y servicios, creando condiciones favorables para que las compa&ntilde;&iacute;as aumenten sus beneficios. Esto, a su vez, suele repercutir positivamente en sus cotizaciones burs&aacute;tiles, provocando en &uacute;ltima instancia una subida del &iacute;ndice S&amp;P 500.<\/p>\n\n\n\n<p>A continuaci&oacute;n aparecen dos gr&aacute;ficos: el S&amp;P 500 en agosto de 2008-octubre de 2003 inclusive, y el balance del Banco Central de EE.UU. en octubre de 2007-octubre de 2023 inclusive. El segundo gr&aacute;fico refleja el tama&ntilde;o del EC.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1337\" height=\"579\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/SPX.png\" alt=\"Gr&aacute;fico del &iacute;ndice S&amp;P 500, 2008-2023\" class=\"wp-image-16367\" srcset=\"https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/SPX.png 1337w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/SPX-360x156.png 360w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/SPX-768x333.png 768w\" sizes=\"(max-width: 1337px) 100vw, 1337px\" \/><figcaption class=\"wp-element-caption\"><em>Gr&aacute;fico del &iacute;ndice S&amp;P 500, 2008-2023<\/em><\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1068\" height=\"541\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/QE.png\" alt=\"Balance del Banco Central de EE.UU., 2007-2023\" class=\"wp-image-16368\" srcset=\"https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/QE.png 1068w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/QE-360x182.png 360w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/QE-768x389.png 768w\" sizes=\"(max-width: 1068px) 100vw, 1068px\" \/><figcaption class=\"wp-element-caption\"><em>Balance del Banco Central de EE.UU., 2007-2023<\/em><\/figcaption><\/figure>\n\n\n\n<p>El saldo del BC se reduce gradualmente una vez finalizado el programa EC, lo que indica que la econom&iacute;a del pa&iacute;s ya no necesita est&iacute;mulos y puede seguir creciendo sin apoyo complementario. En la actualidad, la Fed suele centrarse en mantener la inflaci&oacute;n anual inferior al 2%. Si sobrepasa este objetivo, el regulador enfr&iacute;a la econom&iacute;a mediante el endurecimiento cuantitativo (QT), que consiste en subir el tipo de inter&eacute;s.<\/p>\n\n\n\n<p>En 2020, se llev&oacute; a cabo un programa QE sin precedentes, que supuso un aumento de m&aacute;s de 5 billones de USD en el balance del Banco Central. En comparaci&oacute;n, de 2008 a 2019, este &iacute;ndice aument&oacute; en unos 3 billones de USD.<\/p>\n\n\n\n<p>Un marcado exceso de oferta monetaria en la econom&iacute;a estadounidense hizo que la inflaci&oacute;n se disparara. En junio de 2022, alcanz&oacute; el 9,1%, superando los registros de los &uacute;ltimos 50 a&ntilde;os. Para combatir la inflaci&oacute;n, la Fed tom&oacute; un camino ya conocido: en marzo de 2022 inici&oacute; un ciclo de QT, reduciendo el saldo del Banco Central.<\/p>\n\n\n\n<p>Como resultado, en octubre de 2023, la inflaci&oacute;n hab&iacute;a descendido al 3,7%. Sin embargo, cabe recordar que el nivel objetivo es del 2%, lo que significa que la Fed a&uacute;n tiene motivos para seguir endureciendo la pol&iacute;tica monetaria. Esto, a su vez, sugiere que la econom&iacute;a puede seguir creciendo, con el regulador intentando enfriarla.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"PIB_de_EEUU_en_2023\"><\/span><a><\/a>PIB de EE.UU. en 2023<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>El aumento de la econom&iacute;a de EE.UU. se ve confirmado por los datos del PIB, cuya&nbsp;<a href=\"https:\/\/tradingeconomics.com\/united-states\/gdp-growth\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">tasa de crecimiento<\/a>, seg&uacute;n Trading Economics, aumentar&aacute; un 4,9% en octubre de 2023. Estos dos &iacute;ndices de octubre de 2020 a octubre de 2023, inclusive, pueden verse en los dos gr&aacute;ficos siguientes.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1093\" height=\"520\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/GDP.png\" alt=\"PIB e inflaci&oacute;n de EE.UU. en 2020-2023\" class=\"wp-image-16369\" srcset=\"https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/GDP.png 1093w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/GDP-360x171.png 360w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/GDP-768x365.png 768w\" sizes=\"(max-width: 1093px) 100vw, 1093px\" \/><figcaption class=\"wp-element-caption\"><em>PIB e inflaci&oacute;n de EE.UU. en 2020-2023<\/em><\/figcaption><\/figure>\n\n\n\n<p>En el segundo trimestre se produjo un aumento sin precedentes del PIB (12%), seguido de un repunte de la inflaci&oacute;n. En 2022, un ciclo de subidas de los tipos de inter&eacute;s y un programa QT crearon las condiciones para una ralentizaci&oacute;n del crecimiento del PIB en el cuarto trimestre de 2022 hasta el 0,7%. Despu&eacute;s, la inflaci&oacute;n tambi&eacute;n se aceler&oacute;.<\/p>\n\n\n\n<p>Sin embargo, el crecimiento del PIB ha aumentado de forma constante en los tres primeros trimestres de 2023, lo que supone una base para un posible nuevo aumento de la inflaci&oacute;n. N&oacute;tese que pas&oacute; del m&iacute;nimo del 3% en junio de 2023 al 3,75% en octubre. El incremento de la inflaci&oacute;n podr&iacute;a ser otra raz&oacute;n para que la Fed endurezca la pol&iacute;tica crediticia y monetaria.<\/p>\n\n\n\n<div class=\"block-banner\">\n    <div class=\"block-banner__content\">\n      <div class=\"block-banner__text-content\">\n        <p class=\"block-banner__title\">&iexcl;Experimente un mejor trading con acciones en la terminal R StocksTrader!<\/p>\n        <p class=\"block-banner__text\">Acciones reales, gr&aacute;ficas avanzadas y un constructor de estrategias gratuito<\/p>\n      <\/div>\n    <div class=\"block-banner__images-wrapper\">\n      <img decoding=\"async\" class=\"block-banner__image block-banner__image_mobile\" src=\"\/wp-content\/uploads\/2023\/09\/rst2-mobile.png\" alt=\"partner-programme\">\n    <\/div>\n      <a href=\"https:\/\/my.roboforex.com\/es\/register\/rtrader\" class=\"block-banner__button\" target=\"_blank\" rel=\"noopener nofollow\">Comenzar a operar<\/a>\n    <\/div>\n    <div class=\"block-banner__images-wrapper\">\n      <img decoding=\"async\" class=\"block-banner__image block-banner__image_desktop\" src=\"\/wp-content\/uploads\/2023\/09\/rst2-desktop.png\" alt=\"partner-programme\">\n    <\/div>\n  <\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Gasto_y_deuda_de_los_ciudadanos_estadounidenses\"><\/span><a><\/a>Gasto y deuda de los ciudadanos estadounidenses<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>&iquest;Por qu&eacute; sigue creciendo la econom&iacute;a a pesar de la alta inflaci&oacute;n? La pregunta puede responderse estudiando los gastos de los consumidores. Cuando los consumidores notan que los precios de los bienes y servicios suben, tienden a realizar compras que hab&iacute;an pospuesto porque se dan cuenta de que los productos deseados podr&iacute;an encarecerse a&uacute;n m&aacute;s en el futuro. As&iacute;, por ejemplo, el dinero no se destina a dep&oacute;sitos, sino que se gasta, lo que influye positivamente en la demanda de bienes y servicios.<\/p>\n\n\n\n<p>Sin embargo, si los ingresos del consumidor no aumentan, el potencial de crecimiento econ&oacute;mico disminuye r&aacute;pidamente. Otra opci&oacute;n para mantener el gasto a un nivel elevado es utilizar dinero prestado. No obstante, esto aumenta la deuda del consumidor y no es sostenible. <a href=\"https:\/\/roboforex.com\/es\/beginners\/info\/charts\/stocks\/V\/\" data-internallinksmanager029f6b8e52c=\"173\" title=\"Visa Inc\">V<\/a>&eacute;anse a continuaci&oacute;n los datos de gasto de los consumidores desde octubre de 2013 hasta septiembre de 2023, ambos inclusive, que muestran niveles r&eacute;cord.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1073\" height=\"533\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Cons.png\" alt=\"Gasto en consumo de los ciudadanos estadounidenses en 2013-2023\" class=\"wp-image-16370\" srcset=\"https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Cons.png 1073w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Cons-360x179.png 360w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Cons-768x381.png 768w\" sizes=\"(max-width: 1073px) 100vw, 1073px\" \/><figcaption class=\"wp-element-caption\"><em>Gasto en consumo de los ciudadanos estadounidenses en 2013-2023<\/em><\/figcaption><\/figure>\n\n\n\n<p>A pesar del efecto previsto de la subida de precios en el enfriamiento de la demanda del consumidor, su entusiasmo no ha deca&iacute;do. Al mismo tiempo, para mantener el aumento del gasto, los ingresos del consumidor tambi&eacute;n tienen que aumentar.&nbsp;<a href=\"https:\/\/tradingeconomics.com\/united-states\/personal-income\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Seg&uacute;n<\/a>&nbsp;Trading Economics, los ingresos personales de los estadounidenses aumentaron un 0,3% en septiembre de 2023 en comparaci&oacute;n con los valores de agosto. Simult&aacute;neamente, el &Iacute;ndice de Precios de Consumo (IPC) de EE.UU.&nbsp;<a href=\"https:\/\/www.investing.com\/economic-calendar\/cpi-69\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">aument&oacute;<\/a>&nbsp;0,4%, lo que sugiere que los consumidores est&aacute;n gastando sus ahorros, utilizando dinero prestado, o ambas cosas.<\/p>\n\n\n\n<p>El siguiente gr&aacute;fico muestra la evoluci&oacute;n del ahorro personal de los estadounidenses y de sus deudas con tarjetas de cr&eacute;dito desde noviembre de 2013 hasta octubre de 2023, ambos inclusive. Es evidente que, en 2023, el ahorro personal de los ciudadanos estadounidenses cay&oacute; a los niveles m&aacute;s bajos de la &uacute;ltima d&eacute;cada, y la deuda de las tarjetas de cr&eacute;dito alcanz&oacute; 1 bill&oacute;n de USD, un m&aacute;ximo hist&oacute;rico. Esta informaci&oacute;n sugiere que el aumento de la demanda de los consumidores puede llegar pronto a su fin, lo que plantea riesgos para el futuro crecimiento de la econom&iacute;a y del &iacute;ndice S&amp;P 500 en consecuencia.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1047\" height=\"518\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Pers.png\" alt=\"Deudas personales de ahorro y pr&eacute;stamo de los ciudadanos estadounidenses en 2013-2023\" class=\"wp-image-16371\" srcset=\"https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Pers.png 1047w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Pers-360x178.png 360w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Pers-768x380.png 768w\" sizes=\"(max-width: 1047px) 100vw, 1047px\" \/><figcaption class=\"wp-element-caption\"><em>Deudas personales de ahorro y pr&eacute;stamo de los ciudadanos estadounidenses en 2013-2023<\/em><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Produccion_industrial_quiebra_de_empresas_y_precios_del_petroleo\"><\/span><a><\/a>Producci&oacute;n industrial, quiebra de empresas y precios del petr&oacute;leo<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Las cotizaciones del WTI han ca&iacute;do un 15,5% desde el 20 de octubre de 2023, a pesar de la disminuci&oacute;n de la producci&oacute;n de <a href=\"https:\/\/roboforex.com\/es\/forex-trading\/assets\/energies\/\" data-internallinksmanager029f6b8e52c=\"31\" title=\"Petr\u00f3leo\">petr&oacute;leo<\/a> por parte de los pa&iacute;ses de la <a href=\"https:\/\/roboforex.com\/es\/blog\/blog\/2023\/01\/20\/que-es-la-opep-y-como-influye-en-los-precios-del-petroleo\/\" data-internallinksmanager029f6b8e52c=\"191\" title=\"OPEC\">OPEP<\/a>. Normalmente, esto indica un descenso de la demanda de <a href=\"https:\/\/roboforex.com\/es\/beginners\/info\/charts\/metals\/xauusd\/\" data-internallinksmanager029f6b8e52c=\"178\" title=\"XAU\/USD\">oro<\/a> negro, una tendencia que suele observarse cuando disminuyen los vol&uacute;menes de producci&oacute;n industrial. El siguiente gr&aacute;fico presenta los datos de la producci&oacute;n industrial estadounidense desde enero de 2020 hasta septiembre de 2023, ambos inclusive. Como se puede ver, el crecimiento se acerca al nivel cero.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1041\" height=\"488\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/InPro.png\" alt=\"Crecimiento de la producci&oacute;n industrial estadounidense, 2020-2023\" class=\"wp-image-16372\" srcset=\"https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/InPro.png 1041w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/InPro-360x169.png 360w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/InPro-768x360.png 768w\" sizes=\"(max-width: 1041px) 100vw, 1041px\" \/><figcaption class=\"wp-element-caption\"><em>Crecimiento de la producci&oacute;n industrial estadounidense, 2020-2023<\/em><\/figcaption><\/figure>\n\n\n\n<p>El endurecimiento de la pol&iacute;tica monetaria de la Fed ha incrementado los costes de los pr&eacute;stamos, lo que podr&iacute;a provocar un aumento de las quiebras entre las compa&ntilde;&iacute;as m&aacute;s vulnerables en la actualidad. Abajo se muestra informaci&oacute;n relativa al n&uacute;mero de quiebras en EE.UU. desde el cuarto trimestre de 2020 hasta el tercer trimestre de 2023, ambos inclusive. El diagrama indica un aumento gradual, con un crecimiento que comenz&oacute; cuatro meses despu&eacute;s de que el regulador subiera el tipo de inter&eacute;s por primera vez.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1068\" height=\"516\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/BANKRUP.png\" alt=\"El n&uacute;mero de quiebras de empresas en EE.UU., 2020-2023\" class=\"wp-image-16373\" srcset=\"https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/BANKRUP.png 1068w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/BANKRUP-360x174.png 360w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/BANKRUP-768x371.png 768w\" sizes=\"(max-width: 1068px) 100vw, 1068px\" \/><figcaption class=\"wp-element-caption\"><em>El n&uacute;mero de quiebras de empresas en EE.UU., 2020-2023<\/em><\/figcaption><\/figure>\n\n\n\n<p>El aumento del n&uacute;mero de quiebras podr&iacute;a provocar un aumento del desempleo, y las estad&iacute;sticas empiezan a confirmar esta idea.&nbsp;<a href=\"https:\/\/tradingeconomics.com\/united-states\/personal-income\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Seg&uacute;n<\/a>&nbsp;Trading Economics, de julio a octubre de 2023, la tasa de desempleo pas&oacute; del 3,5% al 3,9%. Esto no es cr&iacute;tico a menos que marque el inicio de una nueva tendencia alcista.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1018\" height=\"494\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Unep.png\" alt=\"Tasa de desempleo en EE.UU., 2022-2023\" class=\"wp-image-16374\" srcset=\"https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Unep.png 1018w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Unep-360x175.png 360w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Unep-768x373.png 768w\" sizes=\"(max-width: 1018px) 100vw, 1018px\" \/><figcaption class=\"wp-element-caption\"><em>Tasa de desempleo en EE.UU., 2022-2023<\/em><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Analisis_del_indice_S_P_500\"><\/span><a><\/a>An&aacute;lisis del &iacute;ndice S&amp;P 500<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>El 3 de noviembre de 2023, las cotizaciones del &iacute;ndice S&amp;P 500 cruzaron la l&iacute;nea de tendencia, volviendo a un canal ascendente. El 10 de noviembre, superaron el nivel de resistencia de 4385,00 puntos, aumentando la probabilidad de un mayor crecimiento y un posible final de la correcci&oacute;n. El siguiente nivel de resistencia podr&iacute;a ser la marca de 4500,00. Si las cotizaciones consiguen superar este nivel, podr&iacute;an alcanzar un m&aacute;ximo anual de 4600,00 puntos. Si las cotizaciones caen por debajo de la l&iacute;nea de tendencia ascendente, se cancelar&aacute; el escenario de crecimiento. De ser as&iacute;, podr&iacute;an volver al nivel de soporte de los 4200,00 puntos.<\/p>\n\n\n\n<!-- TradingView Chart BEGIN -->\n<script type=\"text\/javascript\" src=\"https:\/\/s3.tradingview.com\/tv.js\"><\/script>\n<script type=\"text\/javascript\">\nvar tradingview_embed_options = {};\ntradingview_embed_options.width = '790';\ntradingview_embed_options.height = '475';\ntradingview_embed_options.chart = 'YzfjOF5m';\nnew TradingView.chart(tradingview_embed_options);\n<\/script>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/SPX\/YzfjOF5m-Technical-analysis-of-S-P-500\/\" rel=\"nofollow\"><\/a><em>S&amp;P 500*<\/em><\/p>\n<!-- TradingView Chart END -->\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rentabilidad_anual_del_S_P_500_hasta_la_fecha_2023\"><\/span><a><\/a>Rentabilidad anual del S&amp;P 500 hasta la fecha 2023<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Desde principios de a&ntilde;o, el S&amp;P 500 ha subido un 14,5%. El aumento m&aacute;s significativo se produjo en junio: un 6,2%. El peor mes fue septiembre, cuando las cotizaciones cayeron un 4,8%.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1272\" height=\"207\" src=\"https:\/\/roboforex.com\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Tab.png\" alt=\"Evoluci&oacute;n del &iacute;ndice S&amp;P 500 en 2023\" class=\"wp-image-16375\" srcset=\"https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Tab.png 1272w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Tab-360x59.png 360w, https:\/\/roboforex.com\/es\/blog\/wp-content\/uploads\/sites\/11\/2023\/11\/Tab-768x125.png 768w\" sizes=\"(max-width: 1272px) 100vw, 1272px\" \/><figcaption class=\"wp-element-caption\"><em>Evoluci&oacute;n del &iacute;ndice S&amp;P 500 en 2023<\/em><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Previsiones_de_los_expertos_para_el_S_P_500_en_2023-2024\"><\/span><a><\/a>Previsiones de los expertos para el S&amp;P 500 en 2023-2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>BofA Global Research&nbsp;<a href=\"https:\/\/www.reuters.com\/markets\/bofa-lifts-sp-500-2023-end-target-by-7-led-by-old-economy-stocks-2023-09-20\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">prev&eacute;<\/a>&nbsp;que el S&amp;P 500 podr&iacute;a terminar 2023 en la marca de los 4.600 puntos. Esta previsi&oacute;n supera la anterior, de 4.300.<\/p>\n\n\n\n<p>Los expertos de Barclays&nbsp;<a href=\"https:\/\/seekingalpha.com\/news\/4019096-barclays-provides-2023-and-2024-year-end-sp-500-predictions\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">sugieren<\/a>&nbsp;tres escenarios para finales de 2023:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Las previsiones alcistas presuponen una subida del &iacute;ndice hasta los 4700 puntos y un aterrizaje perfecto de la econom&iacute;a estadounidense.<\/li>\n\n\n\n<li>La previsi&oacute;n de base sugiere un movimiento del &iacute;ndice S&amp;P 500 hasta los 4150 puntos y un aterrizaje suave para la econom&iacute;a estadounidense.<\/li>\n\n\n\n<li>La previsi&oacute;n bajista implica un descenso del &iacute;ndice hasta los 3650 puntos y una peque&ntilde;a recesi&oacute;n.<\/li>\n<\/ol>\n\n\n\n<p>Para 2024, tambi&eacute;n tienen tres posibles vectores del movimiento del &iacute;ndice:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>La previsi&oacute;n bajista implica una subida hasta los 5200 puntos.<\/li>\n\n\n\n<li>La previsi&oacute;n de base se&ntilde;ala un movimiento hacia los 4.500 puntos.<\/li>\n\n\n\n<li>Las previsiones bajistas apuntan a un descenso hasta los 3.800 puntos.<\/li>\n<\/ol>\n\n\n\n<p>Marko Kolanovic, de <a href=\"https:\/\/roboforex.com\/es\/beginners\/info\/charts\/stocks\/JPM\/\" data-internallinksmanager029f6b8e52c=\"150\" title=\"JPMorgan Chase &amp; Co\">JPMorgan Chase &amp; Co<\/a>,&nbsp;<a href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/stock-market-outlook-sp500-earnings-estimates-2024-too-optimistic-stocks-2023-10\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">prev&eacute;<\/a>&nbsp;que el &iacute;ndice S&amp;P 500 alcance los 4.200 puntos a finales de 2023. Considera que el mercado burs&aacute;til est&aacute; preparado para decepcionar a los inversores en los pr&oacute;ximos meses y el pr&oacute;ximo a&ntilde;o ya que, afirma, las evaluaciones de la din&aacute;mica de los &iacute;ndices que sugieren crecimiento son excesivamente optimistas.<\/p>\n\n\n\n<p>Los analistas de UBS&nbsp;<a href=\"https:\/\/www.reuters.com\/business\/finance\/ubs-pushes-out-sp-500-mid-2024-target-forecast-year-end-2023-10-16\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">prev&eacute;n<\/a>&nbsp;que a mediados de 2024 el &iacute;ndice S&amp;P 500 habr&aacute; alcanzado los 4.500 puntos, y los 4.700 a finales de a&ntilde;o.<\/p>\n\n\n\n<p>Morgan Stanley&nbsp;<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-11-13\/morgan-stanley-sees-bullish-opportunities-for-us-assets-in-2024?srnd=premium-europe\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">prev&eacute;<\/a>&nbsp;que el S&amp;P 500 alcance los 4.500 puntos a finales de 2024.<\/p>\n\n\n\n<div class=\"block-banner\">\n    <div class=\"block-banner__content\">\n      <div class=\"block-banner__text-content\">\n        <p class=\"block-banner__title\">Mejore su trading con <span class=\"nowrap\">R StocksTrader<span><\/span><\/span><\/p>\n        <p class=\"block-banner__text\">&iexcl;Obtenga acceso a m&aacute;s de 12.000 instrumentos con una sola cuenta!<\/p>\n      <\/div>\n    <div class=\"block-banner__images-wrapper\">\n      <img decoding=\"async\" class=\"block-banner__image block-banner__image_mobile\" src=\"\/wp-content\/uploads\/2023\/09\/rst-mobile.png\" alt=\"partner-programme\">\n    <\/div>\n      <a href=\"https:\/\/my.roboforex.com\/es\/register\/rtrader\" class=\"block-banner__button\" target=\"_blank\" rel=\"noopener nofollow\">Comenzar a operar<\/a>\n    <\/div>\n    <div class=\"block-banner__images-wrapper\">\n      <img decoding=\"async\" class=\"block-banner__image block-banner__image_desktop\" src=\"\/wp-content\/uploads\/2023\/09\/rst-desktop.png\" alt=\"partner-programme\">\n    <\/div>\n  <\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Resumen\"><\/span><a><\/a>Resumen<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>La econom&iacute;a de EE.UU. est&aacute; creciendo, y es dif&iacute;cil predecir cu&aacute;ndo terminar&aacute; esta fase ascendente. Las deudas crediticias de los estadounidenses podr&iacute;an seguir aumentando f&aacute;cilmente. En estas circunstancias, el &iacute;ndice S&amp;P 500 podr&iacute;a alcanzar los 4.500 puntos a finales de a&ntilde;o.<\/p>\n\n\n\n<p>Cabe se&ntilde;alar que el cuarto trimestre es la &eacute;poca de las ventas navide&ntilde;as y del repunte de A&ntilde;o Nuevo del S&amp;P 500. Adem&aacute;s, hay que tener en cuenta que las elecciones presidenciales estadounidenses est&aacute;n previstas para 2024. El Gobierno actual pretende enfocarlo de forma positiva, lo que tambi&eacute;n podr&iacute;a crear condiciones favorables para el &iacute;ndice.<\/p>\n\n\n\n<p>Sin embargo, a la vista de los datos sobre quiebras de empresas, producci&oacute;n industrial y tasa de desempleo, este crecimiento parece fr&aacute;gil. La elevada deuda p&uacute;blica que hay que mantener refuerza esta impresi&oacute;n.<\/p>\n\n\n\n<p class=\"wp-block-button aligncenter\">\n<a class=\"button button-green\" href=\"https:\/\/my.roboforex.com\/es\/register\/\" rel=\"nofollow\">Abrir cuenta<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\">\n\n\n\n<p><em>* &ndash;&nbsp;Los gr&aacute;ficos de este art&iacute;culo provienen de la plataforma TradingView, reconocida por sus diversas herramientas para el an&aacute;lisis de los <a href=\"https:\/\/roboforex.com\/es\/investments\/investment-platforms\/copyfx-service\/\" data-internallinksmanager029f6b8e52c=\"49\" title=\"plataforma de inversi\u00f3n\">mercados financieros<\/a>. Este es un servicio de gr&aacute;ficos de datos de mercado en l&iacute;nea pr&aacute;ctico y avanzado que permite a los usuarios realizar an&aacute;lisis t&eacute;cnicos, investigar datos financieros y comunicarse con otros operadores e inversores. Adem&aacute;s, proporciona una valiosa orientaci&oacute;n sobre c&oacute;mo utilizar eficazmente un cribador de valores, <a href=\"https:\/\/www.tradingview.com\/symbols\/CBOT_MINI-YM1!\/\" rel=\"nofollow\">junto con informaci&oacute;n sobre la herramienta Dow Futures<\/a>.<\/em><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>Obtenga la previsi\u00f3n para el \u00edndice S&#038;P 500 en 2023-2024. Lea el an\u00e1lisis t\u00e9cnico y fundamental de US500. Ver un gr\u00e1fico en directo del S&#038;P 500.<\/p>\n","protected":false},"author":22,"featured_media":16366,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[1072],"class_list":["post-16365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-sp-500-index"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>S&amp;P 500 Previsi\u00f3n 2023\u20132024 \u2013 US500 An\u00e1lisis t\u00e9cnico<\/title>\n<meta name=\"description\" content=\"Obtenga la previsi\u00f3n para el \u00edndice S&amp;P 500 en 2023-2024. Lea el an\u00e1lisis t\u00e9cnico y fundamental de US500. 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