{"id":10423,"date":"2025-11-26T19:21:39","date_gmt":"2025-11-26T22:21:39","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=10423"},"modified":"2025-11-26T19:21:41","modified_gmt":"2025-11-26T22:21:41","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c11%ec%9b%94-26%ec%9d%bc-2","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=10423","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(11\uc6d4 26\uc77c)"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"275\" height=\"183\" src=\"https:\/\/hanin.org.ar\/wp-content\/uploads\/2025\/11\/download-23.jpg\" alt=\"\" class=\"wp-image-10424\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\uc624\ub298\uc758 \uacbd\uc81c<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>\uacbd\uc81c \ud65c\ub3d9\uc774 \ub180\ub77c\uc6b4 \ud68c\ubcf5\uc138\ub97c \ubcf4\uc774\uba70 \uacbd\uae30\uce68\uccb4 \uc704\ud5d8\uc744 \ubc97\uc5b4\ub098\ub2e4<br>\uacbd\uc81c\ub294 \uc804 \ubd84\uae30 \ub300\ube44 3\ubd84\uae30\uc5d0 \uac1c\uc120\uc138\ub97c \ubcf4\uc774\uba70 \uacbd\uae30\uce68\uccb4\ub97c \ud53c\ud558\ub294 \ub370 \uc131\uacf5\ud588\ub2e4.<br>\uad6d\uac00\ud1b5\uacc4\uccad(INDEC)\uc740 \uc5b4\uc81c \ubcf4\uace0\uc5d0\uc11c \uc9c0\ub09c 8\uac1c\uc6d4 \uc911 7\uac1c\uc6d4\uc758 \ub370\uc774\ud130\ub97c \uc0c1\ud5a5 \uc218\uc815\ud558\uace0, 9\uc6d4\uc758 \uacbd\uc81c\ud65c\ub3d9\uc774 \ub2e4\uc2dc \ud55c \ubc88 \uc99d\uac00\ud588\uc74c\uc744 \ud655\uc778\ud588\ub2e4. \uc774\ub85c\uc368 \ub2e4\uc218\uc758 \ubbfc\uac04 \ucee8\uc124\ud305 \uae30\uad00\ub4e4\uc774 \uc81c\uc2dc\ud588\ub358 \ubd80\uc815\uc801\uc778 \uc804\ub9dd\uc774 \uc81c\uc678\ub418\uc5c8\ub2e4.<br>\uacbd\uc81c\ud65c\ub3d9 \uc6d4\uac04\uc9c0\uc218(EMAE)\ub294 8\uc6d4 \ub300\ube44 0.5% \uc0c1\uc2b9\uc744 \uae30\ub85d\ud588\ub2e4. \uc774 \uc0c1\uc2b9\uc73c\ub85c \uc778\ud574 3\ubd84\uae30 \ud3c9\uade0 \ub610\ud55c 2\ubd84\uae30\ubcf4\ub2e4 0.5% \ub192\uac8c \ub098\ud0c0\ub0ac\ub2e4.<br>INDEC\uc758 \uc218\uc815\uc73c\ub85c \uc778\ud574 \ucd5c\uadfc\uc758 \uacbd\uc81c\uc804\ub9dd\uc774 \ubc14\ub00c\uc5c8\ub2e4. \uc774\uc804\uc5d0\ub294 8\uc6d4\uc758 \ubc18\ub4f1\uc774 \ubbf8\uc57d\ud558\uace0 6~7\uc6d4\uc740 \ud558\ub77d\uc138\ub85c \ubcf4\uace0\ub410\uc9c0\ub9cc, \uc774\ubc88\uc5d0 \ubaa8\ub4e0 \uc218\uce58\uac00 \uc870\uc815\ub418\uc5b4 \uacc4\uc808\uc870\uc815 \uae30\uc900\uc73c\ub85c\ub294 2022\ub144 \uc774\ud6c4 \ucd5c\uace0 \uc218\uc900\uc744 \uae30\ub85d\ud588\ub2e4.<br>\uc804\ub144 \ub3d9\uae30 \ub300\ube44\ub85c\ub294 \uacbd\uc81c\ud65c\ub3d9\uc774 5% \uc131\uc7a5\ud588\uc73c\uba70, \uc774\ub294 \uc8fc\ub85c \uae08\uc735\uc911\uac1c\uc5c5\uc774 39.7% \uae09\ub4f1\ud55c \uac83\uc774 \uc8fc\uc694 \uc6d0\uc778\uc774\ub2e4. \ubd80\ub3d9\uc0b0\uc5c5(+5%), \uc11d\uc720 \ubc0f \uad11\uc5c5(+8%), \uc0c1\uc5c5(+2.2%), \uc5b4\uc5c5(+58.2%) \ub4f1\ub3c4 \uc804\uccb4 \uc131\uacfc\uc5d0 \uae30\uc5ec\ud588\ub2e4. \ubc18\uba74 \uc81c\uc870\uc5c5(-1%)\uacfc \uacf5\uacf5\ud589\uc815(-0.7%)\ub9cc\uc774 \uc791\ub144\ubcf4\ub2e4 \uc545\ud654\ub41c \uacb0\uacfc\ub97c \ubcf4\uc600\ub2e4. \uac74\uc124\uc5c5\uc740 4.3% \uc131\uc7a5\ud588\uace0 \ub18d\ucd95\uc0b0\uc5c5\uc740 0.8% \uc99d\uac00\ud588\ub2e4.<\/li>\n\n\n\n<li>ADR\uc758 \uc591\ud638\ud55c \uc131\uacfc<br>\ubcc0\ub3d9\uc131\uc774 \ud070 \uc7a5\uc138 \uc18d\uc5d0\uc11c\ub3c4 \uc544\ub974\ud5e8\ud2f0\ub098 \uc790\uc0b0\ub4e4\uc740 \uc5c7\uac08\ub9b0 \ud750\ub984\uc744 \ubcf4\uc600\ub2e4. \ub274\uc695\uc5d0 \uc0c1\uc7a5\ub41c \uc8fc\uc2dd\ub4e4\uc740 \uc0c1\uc2b9\ud588\uc73c\ub098, \uad6d\ucc44\ub294 \ub300\ubd80\ubd84 \ud558\ub77d\ud558\uba70 \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\uac00 650bp\ub97c \ub118\uc5b4\uc130\ub2e4. \uc774\ub294 \uc815\ubd80\uac00 200\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8\uc758 \ub300\ucd9c \ud611\uc815\uc744 \ubb34\ud6a8\ud654\ud55c \uc774\ud6c4 \ubc1c\uc0dd\ud55c \ud604\uc0c1\uc774\ub2e4.<br>\uc2dc\uc7a5 \uad00\uc2ec\uc740 \ud604\uc7ac \ud398\uc18c\ud654 \ubd80\ucc44 \uc785\ucc30\uc5d0 \uc3e0\ub824 \uc788\ub2e4. \uc774\ubc88 \uc8fc\ub294 \ubc00\ub808\uc774 \uc815\ubd80\uc758 \uc8fc\uc694 \uae08\uc735 \uc77c\uc815 \uc911 \ud558\ub098\ub85c, \uc7ac\ubb34\ubd80\ub294 10\uac00\uc9c0 \ud398\uc18c\ud654 \uc0c1\ud488\uc744 \uc81c\uc2dc\ud560 \uc608\uc815\uc774\ub2e4. \ub2ec\ub7ec \ud45c\uc2dc \uad6d\ucc44\ub4e4\uc740 \ud63c\uc870\uc138\ub85c \ub9c8\uac10\ud588\ub2e4.<br>Bonar 2029(-1.5%), Global 2038(-0.8%), Global 2030(-0.7%)\uc740 \ud558\ub77d\ud588\uc9c0\ub9cc, Bonar 2038(+1%), Global 2046(+0.8%), Global 2035(+0.5%)\ub294 \uc0c1\uc2b9\ud588\ub2e4.<br>\uad6d\uac00\uc704\ud5d8\ub3c4\ub294 21\ud3ec\uc778\ud2b8 \uc0c1\uc2b9\ud574 656bp(+3.3%)\uc5d0 \ub2ec\ud588\ub2e4. \uc8fc\uc2dd\uc2dc\uc7a5(S&amp;P Merval)\uc740 0.5% \uc0c1\uc2b9\ud588\uc73c\ub098, \ub2ec\ub7ec \uae30\uc900\uc73c\ub85c\ub294 0.3% \ud558\ub77d\ud588\ub2e4.<br>\ud55c\ud3b8, \ub274\uc695\uc758 \uc544\ub974\ud5e8\ud2f0\ub098 ADR\ub4e4\uc740 5.8%\uae4c\uc9c0 \uc624\ub974\ub294 \uac15\uc138\ub97c \ubcf4\uc600\ub2e4.<\/li>\n\n\n\n<li>\uae08\ub9ac \uc778\ud558\uc640 \uc815\uce58\uc801 \ubd88\ud655\uc2e4\uc131 \uc18d \ub2ec\ub7ec \uac15\uc138<br>\uacf5\uc2dd \ud658\uc728\uc740 \ubd88\uacfc 4\uac70\ub798\uc77c \ub9cc\uc5d0 60\ud398\uc18c \uac00\uae4c\uc774 \uae09\ub4f1\ud558\uba70 11\uc6d4 \ucd08\uc758 \ud558\ub77d\uc138\ub97c \ub4a4\uc9d1\uc5c8\ub2e4. \uc774\ub294 \uae08\ub9ac \uc778\ud558\uc640 \uae08\uc735 \uae34\uc7a5\uc774 \uace0\uc870\ub41c \uc0c1\ud669 \uc18d\uc5d0\uc11c \uc77c\uc5b4\ub09c \uc77c\uc774\ub2e4.<br>\ub8e8\uc774\uc2a4 \uce74\ud478\ud1a0 \uacbd\uc81c\uc7a5\uad00\uc774 JP\ubaa8\uac74, \ubc45\ud06c\uc624\ube0c\uc544\uba54\ub9ac\uce74, \uc2dc\ud2f0\uadf8\ub8f9 \ub4f1\uacfc\uc758 200\uc5b5 \ub2ec\ub7ec \ub300\ucd9c\uc124\uc744 \ubd80\uc778\ud55c \uac83\ub3c4 \uc2dc\uc7a5\uc758 \uc8fc\ubaa9\uc744 \ubc1b\uc558\ub2e4.<br>\ud654\uc694\uc77c \ub3c4\ub9e4\ud658\uc728\uc740 22.5\ud398\uc18c \uc0c1\uc2b9\ud574 1,447.50\ud398\uc18c\ub85c \ub9c8\uac10\ud588\ub2e4. \uc774\ub294 \uc0c1\ud55c \ubc34\ub4dc\ubcf4\ub2e4 \uc5ec\uc804\ud788 4.2% \ub0ae\uc740 \uc218\uc900\uc774\ub2e4.<br>\uc911\uc559\uc740\ud589\uc740 \uae30\uc900\uae08\ub9ac\ub97c \uc5f0 22%\uc5d0\uc11c 20%\ub85c \ucd94\uac00 \uc778\ud558\ud588\uace0, \uc774\uc5d0 \ub530\ub77c \ucd08\ub2e8\uae30 \uc0c1\ud488 \uc218\uc775\ub960\uc774 \ud558\ub77d\ud558\uba74\uc11c \uc2dc\uc7a5\uc758 \uc720\ub3d9\uc131\uc774 \uc99d\uac00\ud588\ub2e4. \uadf8 \uacb0\uacfc \uc678\ud654 \uc218\uc694\uac00 \uacc4\uc808\uc801\uc73c\ub85c \ud655\ub300\ub418\uc5c8\ub2e4.<br>\ub2ec\ub7ec \uc120\ubb3c\uc740 \ucd5c\ub300 1.4% \uc0c1\uc2b9\ud588\uace0, \uc2dc\uc7a5\uc740 11\uc6d4 \ub9d0 1,449\ud398\uc18c, 12\uc6d4 1,488\ud398\uc18c\uc758 \ud658\uc728\uc744 \uc608\uc0c1\ud558\uace0 \uc788\ub2e4.<br>MEP \ud658\uc728\uc740 1,480.68\ud398\uc18c(\ucc28\uc774 2.29%), CCL \ud658\uc728\uc740 1,521.83\ud398\uc18c(\ucc28\uc774 5.14%)\ub85c \ub9c8\uac10\ud588\ub2e4.<br>\uce74\ud478\ud1a0 \uc7a5\uad00\uc740 \ub300\ucd9c\uc124\uc744 \u201c\ud63c\uc120\u201d\uc774\ub77c \ud45c\ud604\ud558\uba70 \u201c\uadf8\ub7f0 \uaddc\ubaa8\uc758 \uae08\uc735 \uc9c0\uc6d0\uc740 \ub17c\uc758\ub41c \uc801\uc774 \uc5c6\ub2e4\u201d\uace0 \ubc1d\ud614\ub2e4.<br>\ud558\uc9c0\ub9cc \uc774\ub294 \ubcf8\uc778\uc758 \uacfc\uac70 \ubc1c\uc5b8 \ubc0f \ubbf8\uad6d \uc7ac\ubb34\uc7a5\uad00 \uc2a4\ucf67 \ubca0\uc14b\uc758 \uc5b8\uae09\uacfc \uc0c1\ubc18\ub418\uc5b4 \uc2dc\uc7a5 \ub0b4 \ubd88\uc2e0\uc744 \ud0a4\uc6e0\ub2e4.<br>\ud55c\ud3b8, \uc911\uc559\uc740\ud589\uc7a5 \uc0b0\ud2f0\uc544\uace0 \ubc14\uc6b0\uc2e4\ub9ac\ub294 \u201c\uc5b4\ub5a0\ud55c \ub300\uac00\ub97c \uce58\ub974\ub354\ub77c\ub3c4 \uc678\ud658\ubcf4\uc720\uc561\uc744 \ub298\ub9ac\uc9c0\ub294 \uc54a\uc744 \uac83\u201d\uc774\ub77c\uace0 \uc5b8\uae09\ud574 \uc2dc\uc7a5\uc758 \ubd88\uc548\uc744 \ub354\ud588\ub2e4.<br>\uce74\ud478\ud1a0\ub294 \ud658\uc728 \ubc34\ub4dc \uc81c\ub3c4\uc5d0 \ub300\ud55c \uc758\uc9c0\ub97c \uc7ac\ud655\uc778\ud588\uc9c0\ub9cc, \uc2dc\uc7a5\uc740 2026\ub144 \uc774\ud6c4 \uc870\uc815 \uac00\ub2a5\uc131\uc744 \ubc30\uc81c\ud558\uc9c0 \uc54a\uace0 \uc788\ub2e4.<\/li>\n\n\n\n<li>11\uc6d4 \ub9c8\uc9c0\ub9c9 \ud398\uc18c\ud654 \ucc44\uad8c \uc785\ucc30<br>\uc774\ubc88 \uc8fc \uacbd\uc81c\ubd80\ub294 16.5\uc870 \ud398\uc18c\uc758 \ub9cc\uae30 \ub3c4\ub798 \ucc44\ubb34\ub97c \uc0c1\ud658\ud574\uc57c \ud558\uba70, \uc624\ub298 \uc5f0\ub9d0 \uc804 \ucc44\uad8c \uc785\ucc30\uc744 \uc2e4\uc2dc\ud55c\ub2e4.<br>\ubaa9\ud45c\ub294 \ub9cc\uae30 \ucc44\ubb34\ub97c \uc7ac\uc870\uc815\ud558\uace0 \ub9cc\uae30 \uae30\uac04\uc744 \ucd5c\ub300\ud55c \uc5f0\uc7a5\ud558\ub294 \uac83\uc774\ub2e4.<br>10\uac00\uc9c0 \uc0c1\ud488\uc774 \uc81c\uc2dc\ub420 \uc608\uc815\uc774\uba70, \uc2dc\uc7a5\uc740 \uc911\uc559\uc740\ud589\uc774 \uc81c\uc2dc\ud55c \uc5f0 20%\ubcf4\ub2e4 \ub2e4\uc18c \ub192\uc740 \uae08\ub9ac\ub97c \uc815\ubd80\uac00 \uc778\uc815\ud560 \uac83\uc73c\ub85c \ubcf4\uace0 \uc788\ub2e4.<br>\ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4 \uc8fc\uc2dd\uac70\ub798\uc18c\uc758 \ub3d9\uc2dc\uac70\ub798(\uc2dc\uc7a5\uc870\uc815)\uc5d0 \ucc38\uc5ec\ud558\ub294 \ud22c\uc790\uc790\ub4e4\uc740 \ub192\uc740 \ub864\uc624\ubc84\uc728\uc744 \uc608\uc0c1\ud558\uace0 \uc788\ub2e4.<br>12\uc6d4\uc740 \ud2b9\ud788 \uc911\uc694\ud55c \uc2dc\uae30\uc778\ub370, \ub300\uaddc\ubaa8 \ub9cc\uae30\uac00 \ubab0\ub824 \uc788\uc73c\uba70 \ub2e8 \ud55c \ubc88\uc758 \uc785\ucc30\ub9cc \uc608\uc815\ub418\uc5b4 \uc788\ub2e4. \ub530\ub77c\uc11c \uc815\ubd80\ub294 \uc774\ubc88 \uae30\ud68c\ub97c \uc774\uc6a9\ud574 \uc720\ub3d9\uc131 \ud655\ubcf4 \ubc0f \uc5f0\ub9d0 \ud604\uae08 \uc218\uc694 \uc644\ud654\ub97c \ub178\ub9ac\uace0 \uc788\ub2e4.<br>\uc5f0\ub9d0\uc740 \ubcf4\ub108\uc2a4 \uc9c0\uae09, \ubbfc\uac04 \ubd80\ubb38 \uacb0\uc0b0 \ub4f1 \uacc4\uc808\uc801 \uc694\uc778\uc73c\ub85c \uc720\ub3d9\uc131 \uc218\uc694\uac00 \uc99d\uac00\ud558\ub294 \uc2dc\uae30\ub2e4.<br>\uacbd\uc81c\ubd80\ub294 \ud5a5\ud6c4 \ub2ec\ub7ec \ub9e4\uc785\uc744 \ud1b5\ud55c \uc678\ud658\ubcf4\uc720\uace0 \uc7ac\uad6c\ucd95\uc744 \ucd94\uc9c4\ud560 \uacc4\ud68d\uc774\uba70, \uc774\ub97c \uc704\ud574 \ube44\ud761\uc218 \ucc44\uad8c \ubc1c\ud589\uc744 \ud1b5\ud55c \ube44\ud68c\uc218 \uc790\uae08\uc870\ub2ec\uc744 \ubaa8\uc0c9\ud558\uace0 \uc788\ub2e4.<br>\uc774\ub294 \uc911\uc559\uc740\ud589 \ubd80\ud589\uc7a5 \ube14\ub77c\ub514\ubbf8\ub974 \ubca0\ub974\ub2dd\uc774 \ucd5c\uadfc \uc5b8\uae09\ud55c \uc804\ub7b5\uacfc \uc77c\uce58\ud55c\ub2e4.<br>\uc7ac\ubb34\ubd80\ub294 \ucd94\uac00\uc801\uc778 \uae34\uc7a5\uc744 \ud53c\ud558\uae30 \uc704\ud574 \ud398\uc18c \ubd80\ucc44 \ub9cc\uae30\ub97c \ub0b4\ub144 6\uc6d4 \uc774\ud6c4\ub85c \uc774\uc5f0\ud558\ub824\ub294 \ubc29\uc548\uc744 \uac80\ud1a0 \uc911\uc774\ub2e4. 6\uc6d4\uc740 \uc218\ucd9c \ub300\uae08 \uc720\uc785\uc774 \uc9d1\uc911\ub418\ub294 \uc2dc\uae30\ub2e4.<\/li>\n\n\n\n<li>YPF, 7,500\ub9cc \ub2ec\ub7ec \uaddc\ubaa8\uc758 \uc0c8 \ub2ec\ub7ec\ucc44 \ubc1c\ud589<br>YPF\ub294 11\uc6d4 27\uc77c \uc0c8\ub85c\uc6b4 \ub2ec\ub7ec MEP \ud45c\uc2dc \ucc44\uad8c\uc744 7,500\ub9cc \ub2ec\ub7ec \ud55c\ub3c4\ub85c \ubc1c\ud589\ud560 \uc608\uc815\uc774\ub2e4.<br>39\uac1c\uc6d4 \ub9cc\uae30\uc774\uba70, FIX SCR\ub85c\ubd80\ud130 AAA(Arg) \ub4f1\uae09\uc744 \ubc1b\uc558\ub2e4.<br>\uc774 \ucc44\uad8c\uc740 \ubc18\uae30(6\uac1c\uc6d4\ub9c8\ub2e4) \uc774\uc790\ub97c \uc9c0\uae09\ud55c\ub2e4.<br>\uc774\ubc88 \ubc1c\ud589 \uac00\uaca9\uc740 \uc11d\uc720 \ud68c\uc0ac\uc758 \uc7ac\ubb34 \uc0c1\ud0dc\uac00 \uac1c\uc120\ub418\uc5c8\uc74c\uc744 \ubc18\uc601\ud558\uba70, \ud22c\uc790\uc790\ub4e4\uc774 \uc5ec\uc804\ud788 \uc2e0\uc6a9\ub3c4\uac00 \ub192\uc740 \uae30\uc5c5\uc758 \ub2ec\ub7ec \ud45c\uc2dc \ucc44\uad8c\uc744 \uc120\ud638\ud558\uace0 \uc788\ub2e4\ub294 \uc810\uc744 \ubcf4\uc5ec\uc900\ub2e4.<br>\uc774\ub294 \uad6d\ucc44 \uc218\uc775\ub960(8.5%~10%) \uc5d0 \ube44\ud574 \uc0c1\ub300\uc801\uc73c\ub85c \ub0ae\uc740 \uae08\ub9ac\uc5d0\uc11c\ub3c4 \ubbfc\uac04\uae30\uc5c5 \ucc44\uad8c\uc5d0 \ub300\ud55c \uc218\uc694\uac00 \uafb8\uc900\ud568\uc744 \uc758\ubbf8\ud55c\ub2e4.<br>\ud68c\uc0ac\uc5d0 \ub530\ub974\uba74 \uc774\ubc88 \ubc1c\ud589\uc740 \ub9cc\uae30 \uad6c\uc870\uc758 \uc5f0\uc7a5\uacfc \ubd80\ucc44 \uad6c\uc870\uc758 \uc815\ube44\ub97c \uc704\ud55c \uc9c0\uc18d\uc801\uc778 \uc804\ub7b5\uc758 \uc77c\ud658\uc774\uba70, \uc2dc\uc7a5 \uc0c1\ud669\uc774 \uc720\ub9ac\ud560 \ub54c \uc774\ub97c \ud65c\uc6a9\ud574 \uae30\uc874 \ubd80\ucc44\ub97c \uc7ac\uc870\uc815\ud558\ub294 \ubaa9\uc801\uc744 \uac16\uace0 \uc788\ub2e4.<\/li>\n\n\n\n<li>\uc6d4\uc2a4\ud2b8\ub9ac\ud2b8\ub294 \uc5b4\uc81c \ubc29\uc5b4\uc801 \uc139\ud130(\ud5ec\uc2a4\ucf00\uc5b4, \uc18c\ube44\uc7ac \ub4f1) \uc758 \uc0c1\uc2b9\uacfc<br>\uc5f0\ub0b4 \uae08\ub9ac \uc778\ud558 \uae30\ub300\uac10\uc5d0 \ud798\uc785\uc5b4 \uc0c1\uc2b9 \ub9c8\uac10\ud588\ub2e4.<br>\ubbf8\uad6d\uc758 \uc8fc\uc694 \uc9c0\uc218\ub4e4\uc740 \ud5ec\uc2a4\ucf00\uc5b4\uc640 \uc18c\ube44 \uad00\ub828 \uc5c5\uc885\uc758 \uc8fc\uc2dd\uc5d0 \ub300\ud55c \ud22c\uc790\uc2ec\ub9ac \ud68c\ubcf5\uc73c\ub85c \uc0c1\uc2b9\uc138\ub97c \ubcf4\uc600\uc73c\uba70, \uc774\ub294 \ubc18\ub3c4\uccb4 \uae30\uc5c5\ub4e4\uc758 \ubd80\uc9c4\uc744 \uc77c\ubd80 \uc0c1\uc1c4\ud588\ub2e4.<br>\ub610\ud55c, \ubbf8\uad6d\uc758 \uc18c\ub9e4 \ud310\ub9e4 \uc9c0\ud45c\uac00 \uc644\ub9cc\ud558\uac8c \uc99d\uac00\ud558\uba74\uc11c \uc5f0\uc900(Fed) \uc774 12\uc6d4\uc5d0 \uae08\ub9ac\ub97c \uc778\ud558\ud560 \uc218 \uc788\ub2e4\ub294 \uae30\ub300\uac00 \uac15\ud654\ub418\uc5c8\ub2e4.<br>\uc774\ub7f0 \ud658\uacbd \uc18d\uc5d0\uc11c<br>\ub2e4\uc6b0\uc874\uc2a4 \uc9c0\uc218\ub294 1.4% \uc0c1\uc2b9,<br>S&amp;P 500 \uc9c0\uc218\ub294 0.9% \uc0c1\uc2b9,<br>\ub098\uc2a4\ub2e5 \uc885\ud569\uc9c0\uc218\ub294 0.7% \uc0c1\uc2b9\ud588\ub2e4.<br>\uc2dc\uc7a5 \ubd84\uc704\uae30\ub294 \uae0d\uc815\uc801\uc73c\ub85c \uc720\uc9c0\ub418\uc5c8\ub294\ub370,<br>\uc774\ub294 \uc5ec\ub7ec \uc5f0\uc900 \uad00\uacc4\uc790\ub4e4\uc774 \ud1b5\ud654\uc815\ucc45 \uc644\ud654 \uac00\ub2a5\uc131\uc744 \uc2dc\uc0ac\ud55c \ub355\ubd84\uc774\ub2e4.<br>\uadf8 \uacb0\uacfc, \ud22c\uc790\uc790\ub4e4 \uc0ac\uc774\uc5d0\uc11c \uc5f0\ub9d0 \uc774\uc804 \uae08\ub9ac \uc778\ud558 \uc0ac\uc774\ud074\uc774 \uc7ac\uac1c\ub420 \uc218 \uc788\ub2e4\ub294<br>\uae30\ub300\uac10\uc774 \ub2e4\uc2dc \ucee4\uc84c\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>\uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":10424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[23,25,61],"tags":[],"class_list":["post-10423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-noticias-argentina","category-informes-economicos"],"_links":{"self":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/10423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10423"}],"version-history":[{"count":0,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/10423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/10424"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}