{"id":10311,"date":"2020-04-20T20:09:00","date_gmt":"2020-04-20T11:09:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=10311"},"modified":"2020-04-20T16:13:05","modified_gmt":"2020-04-20T07:13:05","slug":"%e6%96%b0%e5%9e%8b%e3%82%b3%e3%83%ad%e3%83%8a%e3%81%ab%e3%82%88%e3%82%8b%e4%b8%96%e7%95%8c%e6%81%90%e6%85%8c%e3%80%81%e3%82%84%e3%81%af%e3%82%8a%e3%83%aa%e3%83%bc%e3%83%9e%e3%83%b3%e3%82%b7%e3%83%a7","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10311","title":{"rendered":"\u65b0\u578b\u30b3\u30ed\u30ca\u306b\u3088\u308b\u4e16\u754c\u6050\u614c\u3001\u3084\u306f\u308a\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u7d1a\u304b"},"content":{"rendered":"\n<p>\u65b0\u578b\u30b3\u30ed\u30ca\u30a6\u30a3\u30eb\u30b9\u306e\u4e16\u754c\u7684\u6d41\u884c\u306b\u3088\u3063\u3066\u591a\u304f\u306e\u56fd\u306e\u90fd\u5e02\u304c\u30ed\u30c3\u30af\u30c0\u30a6\u30f3\u3068\u306a\u3063\u3066\u3044\u308b\u5f71\u97ff\u3067\u4e16\u754c\u7684\u306b\u7d4c\u6e08\u6d3b\u52d5\u304c\u6b62\u307e\u3063\u3066\u304a\u308a\u3001\u3053\u308c\u304c2020\u5e74\u3068\u305d\u306e\u5f8c\u306e\u4e16\u754c\u7d4c\u6e08\u306b\u3069\u3046\u3044\u3046\u5f71\u97ff\u3092\u53ca\u307c\u3059\u306e\u304b\u304c\u61f8\u5ff5\u3055\u308c\u3066\u3044\u308b\u304c\u3001\u5f71\u97ff\u306f\u3069\u3046\u3084\u3089\u304b\u306a\u308a\u5927\u304d\u304f\u306a\u308a\u305d\u3046\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u65b0\u578b\u30b3\u30ed\u30ca\u76f8\u5834\u521d\u671f\u306e\u52d5\u5411<\/strong><\/p>\n\n\n\n<p>\u3053\u3053\u307e\u3067\u306e\u6d41\u308c\u3068\u3057\u3066\u306f\u5148\u305a\u682a\u5f0f\u5e02\u5834\u304c\u53cd\u5fdc\u3057\u305f\u3002\u682a\u4fa1\u306f\u6025\u843d\u3057\u30013\u6708\u5f8c\u534a\u306b\u5e95\u5024\u3092\u4ed8\u3051\u3066\u53cd\u767a\u3057\u305f\u3002\u4ee5\u4e0b\u306f\u30a2\u30e1\u30ea\u30ab\u306e\u682a\u4fa1\u6307\u6570S&amp;P 500\u306e\u30c1\u30e3\u30fc\u30c8\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-1.png\" alt=\"\" class=\"wp-image-10312\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-19-s-and-p-500-chart-1.png 612w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-19-s-and-p-500-chart-1-300x186.png 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" 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class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10072\">\u682a\u5f0f\u5e02\u5834\u306f\u6c7a\u7b97\u30b7\u30fc\u30ba\u30f3\u7a81\u5165\u3001\u65b0\u578b\u30b3\u30ed\u30ca\u306e\u60aa\u5f71\u97ff\u306e\u5b9f\u614b\u304c\u660e\u3089\u304b\u306b (2020\/4\/14)<\/a><\/li><\/ul>\n\n\n\n<p>\u7b46\u8005\u306f\u3053\u306e\u682a\u4fa1\u53cd\u767a\u306b\u4e57\u308b\u3053\u3068\u304c\u3067\u304d\u305f\u304c\u3001\u305d\u308c\u306f4\u6708\u307e\u3067\u306e\u76f8\u5834\u304c\u5b9f\u4f53\u7d4c\u6e08\u306e\u6570\u5b57\u3092\u53cd\u6620\u305b\u305a\u306b\u52d5\u304f\u3068\u3044\u3046\u524d\u63d0\u3067\u9032\u3093\u3060\u30b2\u30fc\u30e0\u306a\u306e\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>\u3057\u304b\u3057\u3053\u3053\u304b\u3089\u306fGDP\u7d71\u8a08\u3092\u59cb\u3081\u5b9f\u969b\u306e\u7d4c\u6e08\u306e\u6570\u5024\u3092\u6b63\u3057\u304f\u8a08\u7b97\u3057\u305f\u5e02\u5834\u53c2\u52a0\u8005\u304c\u52dd\u3064\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p><strong>\u65b0\u578b\u30b3\u30ed\u30ca\u306e\u5b9f\u4f53\u7d4c\u6e08\u3078\u306e\u5f71\u97ff<\/strong><\/p>\n\n\n\n<p>\u3067\u306f\u7d4c\u6e08\u306f\u5b9f\u969b\u306e\u3068\u3053\u308d\u3069\u3046\u306a\u308b\u306e\u3060\u308d\u3046\u304b\u3002\u65e2\u306b\u51fa\u3066\u3044\u308b\u7d71\u8a08\u3067\u4e00\u756a\u7d4c\u6e08\u306e\u5b9f\u614b\u3092\u8868\u3057\u3066\u3044\u308b\u306e\u306f\u6050\u3089\u304f\u30a2\u30e1\u30ea\u30ab\u306e\u5c0f\u58f2\u58f2\u4e0a\u9ad8\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"486\" height=\"468\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-20-advance-real-retail-sales-growth-chart.png\" alt=\"\" class=\"wp-image-10313\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-20-advance-real-retail-sales-growth-chart.png 486w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-20-advance-real-retail-sales-growth-chart-300x289.png 300w\" sizes=\"auto, (max-width: 486px) 100vw, 486px\" \/><\/figure>\n\n\n\n<p>\u6700\u8fd1\u767a\u8868\u3055\u308c\u305f2020\u5e743\u6708\u306e\u5c0f\u58f2\u58f2\u4e0a\u9ad8\uff08\u5b9f\u8cea\uff09\u306f\u524d\u5e74\u540c\u671f\u6bd47.6%\u306e\u30de\u30a4\u30ca\u30b9\u3068\u306a\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u30ed\u30c3\u30af\u30c0\u30a6\u30f3\u306f3\u6708\u306e\u534a\u3070\u304b\u3089\u59cb\u307e\u308a5\u6708\u304b\u3089\u672c\u683c\u7684\u306a\u30ed\u30c3\u30af\u30c0\u30a6\u30f3\u89e3\u9664\u304c\u59cb\u307e\u308b\u4e88\u5b9a\u3067\u3042\u308b\u3002\u3088\u3063\u3066\u30ed\u30c3\u30af\u30c0\u30a6\u30f3\u306b\u3088\u308b\u58f2\u4e0a\u6e1b\u306e\u30d4\u30fc\u30af\u306f4\u6708\u3068\u60f3\u5b9a\u3055\u308c\u3001\u305d\u306e\u6570\u5b57\u306f\u6050\u3089\u304f15%\u304b\u308920%\u306e\u30de\u30a4\u30ca\u30b9\u3068\u306a\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u305d\u3046\u306a\u308b\u3068\u3001\u30c1\u30e3\u30fc\u30c8\u3092\u898b\u3066\u3082\u3089\u3048\u3070\u5206\u304b\u308b\u304c\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u306e\u3042\u3063\u305f2008\u5e74\u306e\u58f2\u4e0a\u6e1b\u306e\u6570\u5b57\uff0811%\uff09\u3092\u4e0a\u56de\u308b\u6e1b\u901f\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308a\u305d\u3046\u3067\u3042\u308b\u3002\u3053\u308c\u304c\u7d4c\u6e08\u5168\u4f53\u306b\u3069\u3046\u3044\u3046\u610f\u5473\u3092\u6301\u3064\u304b\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u666f\u6c17\u5f8c\u9000\u306e\u6ce2\u53ca\u30eb\u30fc\u30c8<\/strong><\/p>\n\n\n\n<p>\u58f2\u4e0a\u304c\u6e1b\u308b\u3068\u3044\u3046\u3053\u3068\u306f\u58f2\u308a\u624b\u306b\u3068\u3063\u3066\u306f\u53ce\u5165\u304c\u6e1b\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u53ce\u5165\u304c\u6e1b\u308c\u3070\u8caf\u84c4\u72b6\u6cc1\u304c\u60aa\u5316\u3057\u3001\u5bb6\u8a08\u304c\u751f\u8a08\u3092\u5207\u308a\u8a70\u3081\u308c\u3070\u6d88\u8cbb\u304c\u6e1b\u308b\u3002<\/p>\n\n\n\n<p>\u3053\u3046\u3057\u3066\u58f2\u4e0a\u306e\u6e1b\u5c11\u304c\u7d4c\u6e08\u5168\u4f53\u3092\u60aa\u5316\u3055\u305b\u3066\u3086\u304f\u4ed5\u7d44\u307f\u306b\u3064\u3044\u3066\u306f\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u8aac\u660e\u3057\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10224\">\u65b0\u578b\u30b3\u30ed\u30ca\u3067\u666f\u6c17\u5f8c\u9000\u304c\u7d9a\u304f\u4ed5\u7d44\u307f\u3068\u7d4c\u6e08\u5bfe\u7b56\u306e\u5f71\u97ff\u3092\u5206\u304b\u308a\u3084\u3059\u304f\u8aac\u660e\u3059\u308b<\/a><\/li><\/ul>\n\n\n\n<p>\u3053\u306e\u8a18\u4e8b\u306f\u4eca\u5f8c\u306e\u7d4c\u6e08\u306e\u884c\u65b9\u3092\u7406\u89e3\u3059\u308b\u4e0a\u3067\u975e\u5e38\u306b\u91cd\u8981\u306a\u306e\u3067\u662f\u975e\u8aad\u3093\u3067\u3082\u3089\u3044\u305f\u3044\u304c\u3001\u3053\u306e\u8a18\u4e8b\u3067\u306f\u8fb2\u5bb6\u3068\u6620\u753b\u9928\u3057\u304b\u5b58\u5728\u3057\u306a\u3044\u5358\u7d14\u306a\u7d4c\u6e08\u3092\u30e2\u30c7\u30eb\u3068\u3057\u3066\u3001\u65b0\u578b\u30b3\u30ed\u30ca\u3067\u6620\u753b\u9928\u306e\u58f2\u4e0a\u304c\u6e1b\u5c11\u3057\u305f\u5834\u5408\u306b\u6620\u753b\u9928\u306e\u8cc7\u7523\u72b6\u6cc1\uff08\u8caf\u84c4\u72b6\u6cc1\uff09\u304c\u60aa\u5316\u3057\u3001\u305d\u308c\u304c\u65b0\u578b\u30a6\u30a3\u30eb\u30b9\u304c\u53bb\u3063\u305f\u5f8c\u3082\u4e00\u5b9a\u671f\u9593GDP\u306b\u5f71\u97ff\u3092\u4e0e\u3048\u308b\u3068\u3044\u3046\u3053\u3068\u3092\u793a\u3057\u305f\u3002<\/p>\n\n\n\n<p>\u3064\u307e\u308a\u3001\u666f\u6c17\u5f8c\u9000\u306b\u306f\u307e\u305a\u5371\u6a5f\u306b\u3088\u308b\u76f4\u63a5\u7684\u5f71\u97ff\uff082008\u5e74\u306e\u5834\u5408\u306f\u91d1\u878d\u5371\u6a5f\u306b\u3088\u308b\u8cc7\u91d1\u306e\u6fc0\u6e1b\u3001\u4eca\u56de\u306e\u5834\u5408\u306f\u65b0\u578b\u30b3\u30ed\u30ca\u306b\u3088\u308b\u58f2\u4e0a\u6e1b\u5c11\uff09\u3068\u3001\u76f4\u63a5\u7684\u5f71\u97ff\u306e\u7d50\u679c\u5bb6\u8a08\u306a\u3069\u306e\u8cc7\u7523\u72b6\u6cc1\u304c\u60aa\u5316\u3059\u308b\u3053\u3068\u306b\u3088\u308b2\u6b21\u7684\u5f71\u97ff\u306e\u4e21\u65b9\u304c\u3042\u308b\u3068\u3044\u3046\u3053\u3068\u304c\u4e0a\u8a18\u306e\u8a18\u4e8b\u3092\u8aad\u3093\u3067\u3082\u3089\u3048\u308c\u3070\u5206\u304b\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u65b0\u578b\u30b3\u30ed\u30ca\u306e\u76f4\u63a5\u7684\u5f71\u97ff\u306b\u3064\u3044\u3066\u306f2008\u5e74\u3088\u308a\u50b7\u306f\u6df1\u3044\u304c\u5f71\u97ff\u304c\u7d9a\u304f\u671f\u9593\u306f\u3088\u308a\u77ed\u3044\u3068\u898b\u7a4d\u3082\u308b\u3079\u304d\u3060\u308d\u3046\u3002\u3082\u3046\u4e00\u5ea6\u30c1\u30e3\u30fc\u30c8\u3092\u63b2\u8f09\u3059\u308b\u304c\u3001\u5c0f\u58f2\u58f2\u4e0a\u9ad8\u304c2008\u5e741\u6708\u306b\u30de\u30a4\u30ca\u30b9\u6210\u9577\u3068\u306a\u308a\u59cb\u3081\u3066\u304b\u308911\u6708\u306b\u30d4\u30fc\u30af\u306b\u9054\u3059\u308b\u307e\u3067\u307b\u307c1\u5e74\u307b\u3069\u304b\u304b\u3063\u3066\u3044\u308b\u3002\u4e00\u65b9\u3067\u65b0\u578b\u30b3\u30ed\u30ca\u306e\u5834\u5408\u306f3\u6708\u306b\u59cb\u307e\u3063\u30664\u6708\u306b\u306f\u30d4\u30fc\u30af\u306b\u9054\u3057\u305d\u3046\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u6025\u6fc0\u306a\u6e1b\u5c11\u3068\u306a\u3063\u3066\u3044\u308b\u65b0\u578b\u30b3\u30ed\u30ca\u306e\u65b9\u304c\u4e8b\u614b\u306f\u6df1\u523b\u306a\u306e\u304b\u3068\u8a00\u3048\u3070\u3001\u9006\u3067\u3042\u308b\u3002\u5909\u5316\u304c\u6025\u6fc0\u3068\u306a\u308b\u65b9\u304c\u50b7\u306e\u7dcf\u91cf\u306f\u5c0f\u3055\u304f\u306a\u308b\u3002\u4f55\u6545\u306a\u3089\u3070\u30015%\u306e\u58f2\u4e0a\u6e1b\u304c1\u5e74\u7d9a\u304f\u3088\u308a\u3082\u534a\u5e74\u3057\u304b\u7d9a\u304b\u306a\u3044\u65b9\u304c\u5e74\u9593\u306e\u58f2\u4e0a\u6e1b\u5c11\u306f\u5c0f\u3055\u3044\u304b\u3089\u3067\u3042\u308b\u3002\u4e00\u65b9\u3067\u6e1b\u5c11\u306e\u30d4\u30fc\u30af\u306f\u4eca\u56de\u306e\u307b\u3046\u304c\u5927\u304d\u304f\u306a\u308a\u305d\u3046\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>2020\u5e74\u306e\u58f2\u4e0a\u6e1b\u5c11<\/strong><\/p>\n\n\n\n<p>\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u306e\u5834\u5408\u306b\u306f\u5e74\u9593\u306e\u58f2\u4e0a\u6e1b\u5c11\uff08\u524d\u5e74\u6bd4\uff09\u306f2008\u5e74\u306b5.0%\u30012009\u5e74\u306b7.0%\u3068\u306a\u3063\u305f\u3002\u30ea\u30fc\u30de\u30f3\u30d6\u30e9\u30b6\u30fc\u30ba\u306e\u5012\u7523\u306f2008\u5e74\u306e\u534a\u3070\u306a\u306e\u3067\u3001\u3056\u3063\u304f\u308a\u8a00\u3063\u30662008\u5e74\u306e\u6e1b\u5c11\u304c\u76f4\u63a5\u7684\u5f71\u97ff\u30012009\u5e74\u306e\u6e1b\u5c11\u304c2\u6b21\u7684\u5f71\u97ff\u3068\u8a00\u3046\u3053\u3068\u304c\u3067\u304d\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u3067\u306f2020\u5e74\u306e\u58f2\u4e0a\u6e1b\u5c11\u304c\u3069\u3046\u306a\u308b\u304b\u3068\u8a00\u3048\u3070\u3001\u50b7\u306f\u6df1\u3044\u304c\u671f\u9593\u306f\u77ed\u3044\u3053\u3068\u3092\u4e21\u65b9\u8003\u616e\u3059\u308b\u3068\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u3068\u540c\u7a0b\u5ea6\u306e\u58f2\u4e0a\u6e1b\u5c11\u3068\u306a\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u3002\u305d\u3057\u3066\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u306e\u8003\u5bdf\u3092\u8003\u3048\u308b\u3068\u305d\u306e\u5f8c\u306b2\u6b21\u7684\u5f71\u97ff\u304c\u6765\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10224\">\u65b0\u578b\u30b3\u30ed\u30ca\u3067\u666f\u6c17\u5f8c\u9000\u304c\u7d9a\u304f\u4ed5\u7d44\u307f\u3068\u7d4c\u6e08\u5bfe\u7b56\u306e\u5f71\u97ff\u3092\u5206\u304b\u308a\u3084\u3059\u304f\u8aac\u660e\u3059\u308b<\/a><\/li><\/ul>\n\n\n\n<p>\u305d\u3057\u3066\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u306e\u6642\u306b\u306f\u305d\u308c\u306f\u76f4\u63a5\u7684\u5f71\u97ff\u3088\u308a\u5927\u304d\u3044\u5e74\u95937%\u3060\u3063\u305f\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u682a\u4fa1\u3078\u306e\u5f71\u97ff<\/strong><\/p>\n\n\n\n<p>\u3067\u306f\u3001\u3053\u306e\u8003\u5bdf\u7d50\u679c\u306f\u682a\u4fa1\u306b\u3069\u3046\u3044\u3046\u5f71\u97ff\u3092\u3082\u305f\u3089\u3059\u306e\u3060\u308d\u3046\u304b\uff1f\u3000\u682a\u4fa1\u306b\u4e00\u756a\u5f71\u97ff\u3092\u53ca\u307c\u3059\u7d4c\u6e08\u7d71\u8a08\u306f\u52ff\u8ad6\u4f01\u696d\u5229\u76ca\u3067\u3042\u308b\u3002\u305d\u3057\u3066\u4f01\u696d\u5229\u76ca\u306e\u30c1\u30e3\u30fc\u30c8\u306f\u3053\u3046\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"486\" height=\"468\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-20-corporate-profit-chart.png\" alt=\"\" class=\"wp-image-10319\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-20-corporate-profit-chart.png 486w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-20-corporate-profit-chart-300x289.png 300w\" sizes=\"auto, (max-width: 486px) 100vw, 486px\" \/><\/figure>\n\n\n\n<p>\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u306e\u9803\u306b\u4f01\u696d\u5229\u76ca\u306f\u307b\u307c\u534a\u6e1b\u3057\u3066\u3044\u308b\u3002\u5229\u76ca\u3068\u306f\u57fa\u672c\u7684\u306b\u6295\u8cc7\u5bb6\u306e\u3082\u306e\u306a\u306e\u3067\u3001\u3053\u308c\u306f\u6295\u8cc7\u5bb6\u304c\u53d7\u3051\u53d6\u308b\u91d1\u984d\u304c\u307b\u307c\u534a\u6e1b\u3057\u305f\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u305d\u3057\u3066\u305d\u306e\u7d50\u679c\u682a\u4fa1\u304c\u3069\u3046\u306a\u3063\u305f\u304b\u3068\u3044\u3046\u3068\u3001\u307b\u307c\u534a\u6e1b\u3057\u305f\u306e\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\/2008-financial-crisis-s-and-p-500-chart-2.png\" alt=\"\" class=\"wp-image-10320\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2008-financial-crisis-s-and-p-500-chart-2.png 612w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2008-financial-crisis-s-and-p-500-chart-2-300x186.png 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/figure>\n\n\n\n<p>\u682a\u5f0f\u5e02\u5834\u306f\u306a\u304b\u306a\u304b\u7406\u306b\u304b\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u3053\u3046\u8003\u3048\u308b\u30682020\u5e74\u306e\u682a\u5f0f\u76f8\u5834\u304c\u9ad8\u5024\u304b\u308940%\u8fd1\u304f\u4e0b\u843d\u3057\u305f\u306e\u306f\u3042\u308b\u7a0b\u5ea6\u5408\u7406\u7684\u306a\u52d5\u304d\u3060\u3063\u305f\u3068\u8a00\u3048\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-1.png\" alt=\"\" class=\"wp-image-10312\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-19-s-and-p-500-chart-1.png 612w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/04\/2020-4-19-s-and-p-500-chart-1-300x186.png 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/figure>\n\n\n\n<p>\u4e00\u65b9\u30672020\u5e74\u306e\u666f\u6c17\u6e1b\u901f\u304c\u3053\u308c\u304b\u3089\u3060\u3068\u3044\u3046\u72b6\u6cc1\u3067\u3053\u308c\u307b\u3069\u4e0a\u304c\u3063\u3066\u3057\u307e\u3063\u305f\u682a\u5f0f\u5e02\u5834\u304c\u8cb7\u3048\u308b\u304b\u3068\u8a00\u3048\u3070\u3001\u3084\u306f\u308aNo\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u518d\u4e0b\u843d\u4e88\u60f3\u306f\u3053\u3046\u3057\u305f\u4f01\u696d\u5229\u76ca\u3068\u682a\u4fa1\u306e\u30df\u30b9\u30de\u30c3\u30c1\u3068\u3092\u7a81\u3044\u305f\u3082\u306e\u3060\u3068\u601d\u308f\u308c\u308b\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>\u4e00\u65b9\u3067\u30013\u6708\u5f8c\u534a\u306e\u5b89\u5024\u4ed8\u8fd1\u3067\u8cb7\u3063\u305f\u682a\u5f0f\u9298\u67c4\u306b\u95a2\u3057\u3066\u306f\u4eca\u5f8c\u682a\u4fa1\u304c\u518d\u3073\u4e0b\u843d\u3059\u308b\u3053\u3068\u304c\u3042\u3063\u3066\u3082\u3042\u308b\u7a0b\u5ea6\u5b89\u5168\u3060\u3068\u8a00\u3048\u308b\u3060\u308d\u3046\u3002\u4eee\u306b\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u3068\u540c\u305850%\u307e\u3067\u682a\u4fa1\u304c\u4e0b\u843d\u3059\u308b\u3068\u3057\u3066\u30823\u6708\u306e\u5e95\u5024\u304b\u3089\u306e\u4e0b\u843d\u5e45\u306f10%\u304b\u308915%\u306b\u7559\u307e\u308a\u3001\u305d\u3053\u304c\u672c\u5f53\u306e\u5e95\u5024\u306b\u306a\u308b\u3060\u308d\u3046\u3002\u3053\u306e\u5024\u52d5\u304d\u306e\u6fc0\u3057\u3044\u76f8\u5834\u3067\u306f10%\u306f\u307b\u3068\u3093\u3069\u8aa4\u5dee\u306e\u3088\u3046\u306a\u3082\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3092\u904b\u7528\u3059\u308b\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306f\u300c\u682a\u4fa1\u306f\u4f55\u5e74\u3082\u524d\u56de\u306e\u9ad8\u5024\u3092\u596a\u9084\u3059\u308b\u3053\u3068\u306f\u306a\u3044\u3060\u308d\u3046\u300d\u3068\u8ff0\u3079\u305f\u4e00\u65b9\u3067\u3001\u8cc7\u7523\u4fa1\u683c\u306e\u30a4\u30f3\u30d5\u30ec\u3092\u8b66\u544a\u3057\u305f\u3002\u3053\u308c\u304c\u4e21\u65b9\u6b63\u3057\u3044\u3068\u3059\u308b\u3068\u3001\u554f\u984c\u306f\u682a\u4fa1\u304c\u4f55\u51e6\u304b\u3089\u4e0a\u304c\u308b\u306e\u304b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10297\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u65b0\u578b\u30b3\u30ed\u30ca\u3067\u30c7\u30d5\u30ec\u306f\u7d9a\u304f\u304c\u8cc7\u7523\u4fa1\u683c\u306f\u4e0a\u304c\u308b<\/a><\/li><\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u65b0\u578b\u30b3\u30ed\u30ca\u30a6\u30a3\u30eb\u30b9\u306e\u4e16\u754c\u7684\u6d41\u884c\u306b\u3088\u3063\u3066\u591a\u304f\u306e\u56fd\u306e\u90fd\u5e02\u304c\u30ed\u30c3\u30af\u30c0\u30a6\u30f3\u3068\u306a\u3063\u3066\u3044\u308b\u5f71\u97ff\u3067\u4e16\u754c\u7684\u306b\u7d4c\u6e08\u6d3b\u52d5\u304c\u6b62\u307e\u3063\u3066\u304a\u308a\u3001\u3053\u308c\u304c2020\u5e74\u3068\u305d\u306e\u5f8c\u306e\u4e16\u754c\u7d4c\u6e08\u306b\u3069\u3046\u3044\u3046\u5f71\u97ff\u3092\u53ca\u307c\u3059\u306e\u304b\u304c\u61f8\u5ff5\u3055\u308c\u3066\u3044\u308b\u304c\u3001\u5f71\u97ff\u306f\u3069\u3046\u3084\u3089\u304b\u306a\u308a\u5927\u304d &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10311\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u65b0\u578b\u30b3\u30ed\u30ca\u306b\u3088\u308b\u4e16\u754c\u6050\u614c\u3001\u3084\u306f\u308a\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u7d1a\u304b<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/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],"tags":[155],"class_list":["post-10311","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-stock-markets","tag-novid-coronavirus-2019"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/10311","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=10311"}],"version-history":[{"count":11,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/10311\/revisions"}],"predecessor-version":[{"id":10326,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/10311\/revisions\/10326"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=10311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=10311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=10311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}