{"id":10297,"date":"2020-04-19T15:59:16","date_gmt":"2020-04-19T06:59:16","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=10297"},"modified":"2020-04-19T15:59:16","modified_gmt":"2020-04-19T06:59:16","slug":"%e4%b8%96%e7%95%8c%e6%9c%80%e5%a4%a7%e3%81%ae%e3%83%98%e3%83%83%e3%82%b8%e3%83%95%e3%82%a1%e3%83%b3%e3%83%89-%e6%96%b0%e5%9e%8b%e3%82%b3%e3%83%ad%e3%83%8a%e3%81%a7%e3%83%87%e3%83%95%e3%83%ac%e3%81%af","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10297","title":{"rendered":"\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: 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class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10159\">\u30a2\u30e1\u30ea\u30ab\u3001\u30a4\u30ae\u30ea\u30b9\u3067\u65b0\u578b\u30b3\u30ed\u30ca\u6d41\u884c\u30d4\u30fc\u30af\u5ba3\u8a00\u3000\u6b27\u7c73\u306e\u5148\u9032\u56fd\u306f\u307b\u307c\u30d4\u30fc\u30af\u3078<\/a><\/li><\/ul>\n\n\n\n<p>\u5b9f\u4f53\u7d4c\u6e08\u304c\u4e00\u6642\u7684\u306a\u666f\u6c17\u5f8c\u9000\u306b\u306a\u308b\u3068\u3044\u3046\u3053\u3068\u306f\u5927\u591a\u6570\u304c\u540c\u610f\u3059\u308b\u3068\u3053\u308d\u3067\u3042\u308a\u3001\u305d\u306e\u50be\u5411\u306f\u65e2\u306b\u7d71\u8a08\u3084\u6c7a\u7b97\u306b\u8868\u308c\u59cb\u3081\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a 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class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u30a4\u30f3\u30d5\u30ec\u306b\u306f2\u7a2e\u985e\u3042\u308b\u30021\u3064\u306f\u3082\u306e\u3084\u30b5\u30fc\u30d3\u30b9\u306e\u5024\u6bb5\u304c\u4e0a\u304c\u308b\u3053\u3068\u3067\u3042\u308a\u3001\u3082\u30461\u3064\u306f\u8ca8\u5e63\u306e\u4fa1\u5024\u306b\u95a2\u3059\u308b\u3082\u306e\u3067\u3001\u3042\u308b\u7a2e\u306e\u8cc7\u7523\u306e\u4fa1\u683c\u304c\u4e0a\u304c\u308b\u3053\u3068\u3060\u3002<\/p><p>1\u3064\u306f\u3082\u306e\u3084\u30b5\u30fc\u30d3\u30b9\u306e\u9700\u8981\u3068\u4f9b\u7d66\u304c\u903c\u8feb\u3057\u3066\u3044\u3066\u3082\u306e\u304c\u4e0d\u8db3\u3057\u3066\u3044\u308b\u72b6\u614b\u3067\u3001\u9700\u7d66\u306e\u30a4\u30f3\u30d5\u30ec\u3068\u547c\u3079\u308b\u3060\u308d\u3046\u3002\u3082\u30461\u3064\u306f\u91d1\u878d\u30a4\u30f3\u30d5\u30ec\u3067\u3042\u308b\u30021930\u5e74\u304b\u3089\u306e\u6642\u4ee3\u3067\u306f\u3082\u306e\u306b\u95a2\u3057\u3066\u306f\u30c7\u30d5\u30ec\u3060\u3063\u305f\u304c\u3001\u91d1\u878d\u8cc7\u7523\u306f\u30a4\u30f3\u30d5\u30ec\u306b\u306a\u3063\u305f\u3002\u305d\u3057\u3066\u901a\u8ca8\u306f\u4e0b\u843d\u3057\u305f\u3002\u901a\u8ca8\u306f\u5225\u306e\u901a\u8ca8\u306b\u5bfe\u3057\u3066\u4e0b\u843d\u3057\u3001\u66f4\u306b\u30b4\u30fc\u30eb\u30c9\u306f\u5f53\u6642\u901a\u8ca8\u3068\u3057\u3066\u8003\u3048\u3089\u308c\u3066\u3044\u305f\u304c\u3001\u30b4\u30fc\u30eb\u30c9\u306b\u5bfe\u3057\u3066\u3082\u4e0b\u843d\u3057\u305f\u3002<\/p><\/blockquote>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u3082\u306e\u306e\u30a4\u30f3\u30d5\u30ec\u3068\u8cc7\u7523\u306e\u30a4\u30f3\u30d5\u30ec\u306f\u9055\u3046\u3068\u8a00\u3046\u3002\u305d\u3057\u3066\u4eca\u306f\u3069\u3061\u3089\u306e\u30a4\u30f3\u30d5\u30ec\u304c\u554f\u984c\u306b\u306a\u3063\u3066\u3044\u308b\u306e\u304b\u3068\u8a00\u3048\u3070\u3001\u5f7c\u306f\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u3053\u308c\u304b\u3089\u308f\u308c\u308f\u308c\u304c\u7a81\u5165\u3059\u308b\u6642\u4ee3\u306f\u6050\u3089\u304f1930\u5e74\u304b\u30891945\u5e74\u307e\u3067\u306e\u671f\u9593\uff08\u8a33\u6ce8\uff1a\u4e16\u754c\u6050\u614c\u304b\u3089\u6226\u4e89\u7d42\u7d50\u307e\u3067\uff09\u306b\u4f3c\u3066\u3044\u308b\u3060\u308d\u3046\u3002\u3053\u306e\u671f\u9593\u306b\u306f\u30c7\u30d5\u30ec\u5727\u529b\u304c\u3042\u308a\u3001\u305d\u308c\u306f\u4eca\u3068\u540c\u3058\u3067\u3042\u308b\u3002<\/p><\/blockquote>\n\n\n\n<p>\u6b63\u78ba\u306b\u8a00\u3048\u3070\u3053\u306e\u6642\u671f\u306f\u6226\u4e89\u671f\u9593\u3092\u9664\u3044\u3066\u30a2\u30e1\u30ea\u30ab\u3067\u306f\u30c7\u30d5\u30ec\u3042\u308b\u3044\u306f\u4f4e\u30a4\u30f3\u30d5\u30ec\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u4e16\u754c\u6050\u614c\u3092\u53d7\u3051\u3066Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306f\u30bc\u30ed\u91d1\u5229\u653f\u7b56\u3092\u63a1\u7528\u3057\u3001\u30bc\u30ed\u91d1\u5229\u306f\u6226\u4e89\u304c\u7d42\u308f\u308b\u307e\u3067\u89e3\u9664\u3055\u308c\u306a\u304b\u3063\u305f\u3002\u3061\u306a\u307f\u306b\u682a\u4fa1\u306b\u3064\u3044\u3066\u306f1929\u5e74\u306b\u9ad8\u5024\u306b\u9054\u3057\u3001\u305d\u3053\u304b\u30891932\u5e74\u307e\u306790%\u4e0b\u843d\u3057\u3066\u304b\u3089\u4e0a\u6607\u3092\u518d\u958b\u3057\u305f\u3002<\/p>\n\n\n\n<p>\u307e\u305f\u3001\u30c0\u30ea\u30aa\u6c0f\u306f1980\u5e74\u4ee3\u3068\u306e\u985e\u4f3c\u6027\u3082\u6307\u6458\u3059\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>1982\u5e74\u304b\u30891990\u5e74\u306e\u671f\u9593\u3082\u4eca\u306b\u4f3c\u3066\u3044\u308b\u3068\u8a00\u3048\u308b\u3002\u4e16\u754c\u7684\u306b\u50b5\u52d9\u304c\u5927\u304d\u304f\u3001\u7d4c\u6e08\u306b\u306f\u8cc7\u91d1\u304c\u8db3\u308a\u306a\u304b\u3063\u305f\u3002\u305d\u3057\u3066\u50b5\u52d9\u5371\u6a5f\u304c\u8d77\u3053\u3063\u305f\u3002\u72b6\u6cc1\u306f\u56fd\u306b\u3088\u3063\u3066\u3082\u9055\u3063\u305f\u3002\u65b0\u8208\u56fd\u3067\u306f\u50b5\u52d9\u304c\u5927\u304d\u304f\u3001Fed\u306e\u7de9\u548c\u306e\u6069\u6075\u3092\u53d7\u3051\u308b\u3053\u3068\u3082\u3067\u304d\u306a\u304b\u3063\u305f\u305f\u3081\u901a\u8ca8\u5371\u6a5f\u304c\u8d77\u3053\u3063\u305f\u3002<\/p><\/blockquote>\n\n\n\n<p>1982\u5e74\u306f\u30a2\u30e1\u30ea\u30ab\u3067\u91d1\u5229\u304c\u9802\u70b9\u306b\u9054\u3057\u3001\u91d1\u5229\u306e\u4e0b\u843d\u30c8\u30ec\u30f3\u30c9\u304c\u59cb\u307e\u3063\u305f\u9803\u3067\u3042\u308b\u3002\u91d1\u5229\u4f4e\u4e0b\u30c8\u30ec\u30f3\u30c9\u306f\u305d\u306e\u5f8c2008\u5e74\u306e\u30bc\u30ed\u91d1\u5229\u307e\u3067\u7d9a\u3044\u3066\u3044\u308b\u3002\u91d1\u5229\u6c34\u6e96\u3068\u3044\u3046\u610f\u5473\u3067\u306f\u5f53\u6642\u3068\u4eca\u306f\u307e\u3063\u305f\u304f\u9055\u3046\u304c\u3001\u30c0\u30ea\u30aa\u6c0f\u306e\u8a00\u3044\u305f\u3044\u3053\u3068\u306f\u6b21\u306e\u70b9\u306a\u306e\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u3053\u306e\u6642\u671f\u306f\u30a2\u30e1\u30ea\u30ab\u306b\u3068\u3063\u3066\u306f\u30ea\u30d5\u30ec\u306e\u6642\u4ee3\u3060\u3063\u305f\u3002\u8cc7\u7523\u4fa1\u683c\u306f\u4e0a\u304c\u3063\u305f\u304c\u30a4\u30f3\u30d5\u30ec\u306f\u6e1b\u901f\u3057\u3066\u3044\u3063\u305f\u3002<\/p><\/blockquote>\n\n\n\n<p>\u305d\u3057\u3066\u30c0\u30ea\u30aa\u6c0f\u306f\u3053\u3046\u7d9a\u3051\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u3060\u304b\u3089\u30a4\u30f3\u30d5\u30ec\u306e\u7a2e\u985e\u3092\u533a\u5225\u3059\u308b\u3053\u3068\u304c\u91cd\u8981\u306a\u306e\u3060\u3002\u4eca\u306e\u72b6\u6cc1\u306f\u306f\u9700\u8981\u3068\u4f9b\u7d66\u306e\u30a4\u30f3\u30d5\u30ec\u3067\u306f\u306a\u3044\u3002\u3082\u306e\u304c\u8db3\u308a\u306a\u304f\u306a\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u3002\u3053\u308c\u306f\u91d1\u878d\u30a4\u30f3\u30d5\u30ec\u3060\u3002\u91d1\u878d\u30a4\u30f3\u30d5\u30ec\u306e\u521d\u671f\u306b\u306f\u8cc7\u7523\u4fa1\u683c\u304c\u4e0a\u6607\u3059\u308b\u3002\u305d\u308c\u306f\u3042\u308b\u7a0b\u5ea6\u91d1\u4fa1\u683c\u306b\u7e54\u308a\u8fbc\u307e\u308c\u3001\u3042\u308b\u7a0b\u5ea6\u682a\u4fa1\u3084\u4ed6\u306e\u8cc7\u7523\u4fa1\u683c\u306b\u7e54\u308a\u8fbc\u307e\u308c\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p><\/blockquote>\n\n\n\n<p>\u3064\u307e\u308a\u3001\u7121\u5236\u9650\u306e\u91cf\u7684\u7de9\u548c\u3084\u30d8\u30ea\u30b3\u30d7\u30bf\u30fc\u30de\u30cd\u30fc\u653f\u7b56\u306a\u3069\u306e\u672a\u66fe\u6709\u306e\u7d4c\u6e08\u5bfe\u7b56\u306f\u91d1\u76f8\u5834\u3068\u682a\u5f0f\u5e02\u5834\u306b\u5f71\u97ff\u3092\u53ca\u307c\u3059\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u3092\u5f15\u304d\u8d77\u3053\u3059\u308f\u3051\u3067\u306f\u306a\u3044\u3068\u30c0\u30ea\u30aa\u6c0f\u306f\u4e88\u60f3\u3057\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002\u91d1\u76f8\u5834\u306f\u4e16\u754c\u7684\u306a\u91d1\u878d\u7de9\u548c\u3092\u53d7\u3051\u3066\u4e0a\u6607\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"612\" height=\"379\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-19-gold-chart.png\" alt=\"\" class=\"wp-image-10302\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-19-gold-chart.png 612w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-19-gold-chart-300x186.png 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/figure>\n\n\n\n<p>\u305d\u3057\u3066\u3088\u308a\u5927\u304d\u306a\u554f\u984c\u306f\u73fe\u72b6\u6b21\u306e\u3088\u3046\u306b\u306a\u3063\u3066\u3044\u308b\u682a\u4fa1\u304c\u3069\u3046\u306a\u308b\u304b\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"612\" height=\"379\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-19-s-and-p-500-chart.png\" alt=\"\" class=\"wp-image-10301\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-19-s-and-p-500-chart.png 612w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-19-s-and-p-500-chart-300x186.png 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/figure>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u73fe\u72b6\u304c\u682a\u4fa1\u3068\u91d1\u76f8\u5834\u306b\u30d7\u30e9\u30b9\u306b\u50cd\u304f\u3068\u3044\u3046\u3053\u3068\u3092\u660e\u3089\u304b\u306b\u793a\u5506\u3057\u3066\u3044\u308b\u3002\u91d1\u76f8\u5834\u306f\u3053\u308c\u307e\u3067\u305d\u306e\u3088\u3046\u306b\u52d5\u3044\u3066\u3044\u308b\u3002\u4e00\u65b9\u3067\u554f\u984c\u306f\u682a\u4fa1\u306e\u65b9\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u5c11\u3057\u524d\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u300c\u682a\u4fa1\u306f\u4f55\u5e74\u3082\u524d\u56de\u306e\u9ad8\u5024\u3092\u53d6\u308a\u623b\u3059\u3053\u3068\u306f\u306a\u3044\u3060\u308d\u3046\u300d\u3068\u3082\u8ff0\u3079\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002\u305d\u3053\u3067\u554f\u984c\u3068\u306a\u3063\u3066\u304f\u308b\u306e\u304c\u3001\u30c0\u30ea\u30aa\u6c0f\u306f\u73fe\u72b6\u30921929\u5e74\u306e\u4e0d\u6cc1\u306e\u59cb\u307e\u308a\uff08\u682a\u4fa1\u306b\u3068\u3063\u3066\u306f\u30d4\u30fc\u30af\u3068\u306a\u3063\u305f\uff09\u3068\u898b\u3066\u3044\u308b\u306e\u304b\u30011932\u5e74\u306e\u682a\u4fa1\u306e\u5e95\u5024\u3092\u8d8a\u3048\u305f\u72b6\u614b\u3068\u898b\u3066\u3044\u308b\u306e\u304b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u4f8b\u3048\u3070\u30b3\u30ed\u30ca\u30b7\u30e7\u30c3\u30af\u306e\u7a7a\u58f2\u308a\u3067\u5132\u3051\u305f\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306a\u3069\u306f\u307e\u30601932\u5e74\u306b\u9054\u3057\u3066\u3044\u306a\u3044\u3068\u8003\u3048\u3066\u3044\u308b\u306e\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10020\">\u65b0\u578b\u30b3\u30ed\u30ca\u76f8\u5834\u7a7a\u58f2\u308a\u3067\u5132\u3051\u305f\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3001\u7a7a\u58f2\u308a\u518d\u958b<\/a><\/li><\/ul>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306fBloomberg\u306e\u30ea\u30dd\u30fc\u30bf\u30fc\u306b\u805e\u304b\u308c\u3066\u3082\u682a\u4fa1\u6c34\u6e96\u306b\u3064\u3044\u3066\u591a\u304f\u3092\u8ff0\u3079\u306a\u304b\u3063\u305f\u30023\u6708\u304b\u3089\u306e\u682a\u4fa1\u53cd\u767a\u306b\u3064\u3044\u3066\u306f\u300c\u4e0d\u601d\u8b70\u306f\u306a\u3044\u300d\u3068\u306f\u8ff0\u3079\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3053\u3067\u3084\u306f\u308a\u500b\u4eba\u7684\u306b\u8003\u3048\u305f\u3044\u306e\u306f\u300c\u682a\u4fa1\u306f3\u6708\u306e\u5e95\u5024\u3067\u306f\u8cb7\u3048\u308b\u72b6\u614b\u3060\u3063\u305f\u300d\u3068\u3044\u3046\u7d50\u8ad6\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/9506\">\u65b0\u578b\u30b3\u30ed\u30ca\u611f\u67d3\u8005\u6570\u3001\u30a2\u30e1\u30ea\u30ab\u3067\u6025\u6539\u5584\u3000\u6295\u8cc7\u5bb6\u306f\u682a\u3092\u8cb7\u3044\u59cb\u3081\u308b\u3079\u304d\u304b (2020\/3\/26)<\/a><\/li><\/ul>\n\n\n\n<p>\u682a\u5f0f\u5168\u4f53\u306e\u8cb7\u3044\u6301\u3061\u306b\u3064\u3044\u3066\u306f\u7b46\u8005\u306f\u65e2\u306b\u5229\u76ca\u78ba\u5b9a\u3057\u3066\u304a\u308a\u3001\u3053\u306e\u7d50\u8ad6\u306f\u682a\u4fa1\u304c\u65e2\u306b\u4e0a\u304c\u3063\u3066\u3057\u307e\u3063\u305f\u4eca\u3067\u306f\u5f79\u306b\u7acb\u305f\u306a\u3044\u3068\u3082\u601d\u3048\u305d\u3046\u3060\u304c\u3001\u5b9f\u969b\u306b\u306f\u305d\u3046\u3067\u3082\u306a\u3044\u3002\u8003\u3048\u308b\u3079\u304d\u306a\u306e\u306f\u73fe\u5728\u76f8\u5834\u306b\u306f\u4ee5\u4e0b\u306e3\u3064\u306e\u7a2e\u985e\u306e\u682a\u304c\u3042\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>\u65b0\u578b\u30b3\u30ed\u30ca\u306e\u5f71\u97ff\u3092\u53d7\u3051\u308b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u4f55\u306e\u554f\u984c\u3082\u306a\u304f\u682a\u4fa1\u304c\u53cd\u767a\u3057\u305f\u9298\u67c4<\/li><li>\u65b0\u578b\u30b3\u30ed\u30ca\u306e\u5f71\u97ff\u3092\u53d7\u3051\u308b\u304c\u305d\u308c\u3092\u7e54\u308a\u8fbc\u3093\u3060\u5b89\u5024\u306b\u306a\u3063\u3066\u3044\u308b\u9298\u67c4<\/li><li>\u65b0\u578b\u30b3\u30ed\u30ca\u306e\u5f71\u97ff\u3092\u53d7\u3051\u306a\u3044\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3042\u308b\u7a0b\u5ea6\u4e0b\u304c\u3063\u305f\u9298\u67c4<\/li><\/ul>\n\n\n\n<p>\u4f8b\u3048\u3070Apple\u306a\u3069\u306f\u5e73\u7136\u3068\u53cd\u767a\u3057\u3066\u3044\u308b\u304c\u3001Apple Store\u304c\u9589\u307e\u3063\u305f\u5f71\u97ff\u306f\u3069\u3046\u3067\u3082\u826f\u3044\u306e\u3060\u308d\u3046\u304b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"612\" height=\"379\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-19-apple-nasdaq-aapl-chart.png\" alt=\"\" class=\"wp-image-10308\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-19-apple-nasdaq-aapl-chart.png 612w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-19-apple-nasdaq-aapl-chart-300x186.png 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/figure>\n\n\n\n<p>\u305d\u3057\u3066\u682a\u4fa1\u6307\u6570\u304c\u53cd\u767a\u3057\u305f\u304b\u3089\u3068\u3044\u3063\u3066\u3001\u3059\u3079\u3066\u306e\u9298\u67c4\u304c\u65e2\u306b\u4e0a\u304c\u3063\u305f\u308f\u3051\u3067\u306f\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u3064\u307e\u308a\u306f\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u66f8\u3044\u305f\u3088\u3046\u306b1\u30641\u3064\u306e\u9298\u67c4\u3092\u3057\u3063\u304b\u308a\u5206\u6790\u3057\u3001\u3057\u3063\u304b\u308a\u3068\u5b89\u5024\u3067\u63b4\u3081\u305f\u9298\u67c4\u306b\u3064\u3044\u3066\u306f1932\u5e74\u306e\u5e95\u304b\u3089\u305d\u308c\u307b\u3069\u9060\u304f\u306a\u3044\u3068\u601d\u3063\u3066\u826f\u3044\u306e\u3060\u308d\u3046\u3002\u307e\u305f\u3001\u30cf\u30a4\u30c6\u30af\u682a\u306a\u3069\u65b0\u578b\u30b3\u30ed\u30ca\u306e\u5f71\u97ff\u3092\u53d7\u3051\u306b\u304f\u3044\u9298\u67c4\u3082\u4fdd\u6709\u3057\u3066\u3044\u3051\u308b\u9298\u67c4\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10195\">\u7c73\u56fd\u682a\u5168\u4f53\u306e\u4e0b\u843d\u3092\u3088\u305d\u306b20%\u4ee5\u4e0a\u9ad8\u9a30\u3059\u308b\u30cf\u30a4\u30c6\u30af\u682a<\/a><\/li><\/ul>\n\n\n\n<p>\u3057\u304b\u3057\u3069\u306e\u682a\u4fa1\u3067\u305d\u308c\u3092\u63b4\u3080\u304b\u3001\u63b4\u3093\u3060\u304b\u3068\u3044\u3046\u3053\u3068\u304c\u975e\u5e38\u306b\u91cd\u8981\u3067\u3042\u308b\u3002\u9298\u67c4\u3092\u53b3\u9078\u3057\u3066\u304b\u306a\u308a\u306e\u5272\u5b89\u6c34\u6e96\u3067\u305d\u308c\u3092\u63b4\u307e\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3002\u7e70\u308a\u8fd4\u3057\u306b\u306a\u308b\u304c\u3001\u682a\u3092\u8cb7\u3063\u3066\u3044\u308b\u8aad\u8005\u306b\u3064\u3044\u3066\u3082\u6301\u3063\u3066\u3044\u308b\u9298\u67c4\u3092\u53b3\u9078\u3059\u308b\u3053\u3068\u3092\u304a\u52e7\u3081\u3057\u305f\u3044\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9Bridgewater\u3092\u904b\u7528\u3059\u308b\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u304cBloomberg\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u30a4\u30f3\u30d5\u30ec\u306b\u95a2\u3059\u308b\u975e\u5e38\u306b\u91cd\u8981\u306a\u30b3\u30e1\u30f3\u30c8\u3092\u8ff0\u3079\u3066\u3044\u308b\u3002<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59,111,57,110],"tags":[102],"class_list":["post-10297","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-stock-markets","category-commodity-markets","category-gold","tag-ray-dalio"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/10297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/comments?post=10297"}],"version-history":[{"count":10,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/10297\/revisions"}],"predecessor-version":[{"id":10310,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/10297\/revisions\/10310"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=10297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=10297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=10297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}