{"id":14054,"date":"2021-06-15T20:03:00","date_gmt":"2021-06-15T11:03:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=14054"},"modified":"2021-06-15T16:04:53","modified_gmt":"2021-06-15T07:04:53","slug":"%e3%83%9d%e3%83%bc%e3%83%ab%e3%83%bb%e3%83%81%e3%83%a5%e3%83%bc%e3%83%80%e3%83%bc%e3%83%bb%e3%82%b8%e3%83%a7%e3%83%bc%e3%83%b3%e3%82%ba%e6%b0%8f-%e4%b8%ad%e9%8a%80%e3%81%8c%e3%82%a4%e3%83%b3%e3%83%95","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/14054","title":{"rendered":"\u30dd\u30fc\u30eb\u30fb\u30c1\u30e5\u30fc\u30c0\u30fc\u30fb\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f: \u4e2d\u9280\u304c\u30a4\u30f3\u30d5\u30ec\u7121\u8996\u306a\u3089\u7269\u4fa1\u9ad8\u9a30\u30b7\u30ca\u30ea\u30aa\u306b\u5168\u8ced\u3051"},"content":{"rendered":"\n<p>\u30d6\u30e9\u30c3\u30af\u30de\u30f3\u30c7\u30fc\u3092\u4e88\u60f3\u3057\u305f\u3053\u3068\u3067\u6709\u540d\u306a\u6295\u8cc7\u5bb6\u30dd\u30fc\u30eb\u30fb\u30c1\u30e5\u30fc\u30c0\u30fc\u30fb\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\u304cCNBC\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u30a4\u30f3\u30d5\u30ec\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30a4\u30f3\u30d5\u30ec\u306f\u4e00\u6642\u7684\u304b<\/strong><\/p>\n\n\n\n<p>\u6700\u8fd1\u767a\u8868\u3055\u308c\u305fCPI\uff08\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\uff09\u306b\u3064\u3044\u3066\u306f\u50b5\u5238\u6295\u8cc7\u5bb6\u306e\u30b9\u30b3\u30c3\u30c8\u30fb\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u3089\u8b58\u8005\u304b\u3089\u30a4\u30f3\u30d5\u30ec\u304c\u4e00\u6642\u7684\u3067\u3042\u308b\u3053\u3068\u3092\u793a\u3059\u8a3c\u62e0\u3067\u3042\u308b\u3068\u306e\u8ad6\u304c\u51fa\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/14005\" data-type=\"post\" data-id=\"14005\">\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f: \u30a4\u30f3\u30d5\u30ec\u306f\u4e00\u6642\u7684\u3067\u7d9a\u304b\u306a\u3044<\/a><\/li><\/ul>\n\n\n\n<p>\u4e00\u65b9\u3067\u540c\u3058\u304f\u50b5\u5238\u6295\u8cc7\u5bb6\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3084\u7d4c\u6e08\u5b66\u8005\u306e\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u3089\u306f\u30a4\u30f3\u30d5\u30ec\u3092\u8b66\u6212\u3059\u3079\u304d\u3060\u3068\u306e\u610f\u898b\u3092\u7d99\u7d9a\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/14037\" data-type=\"post\" data-id=\"14037\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u30a4\u30f3\u30d5\u30ec\u304c\u5f8c\u9000\u3059\u308b\u306a\u3089\u666f\u6c17\u3082\u5f8c\u9000\u3000\u91d1\u4fa1\u683c\u9ad8\u9a30\u3078<\/a><\/li><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13697\" data-type=\"post\" data-id=\"13697\">\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f: \u30a4\u30f3\u30d5\u30ec\u30ea\u30b9\u30af\u306f\u672c\u7269\u3001\u5229\u4e0a\u3052\u3067\u666f\u6c17\u5f8c\u9000\u3078<\/a><\/li><\/ul>\n\n\n\n<p>\u4e16\u754c\u6700\u9ad8\u306e\u982d\u8133\u306e\u4e2d\u3067\u3082\u610f\u898b\u304c\u5272\u308c\u3066\u3044\u308b\u3002\u305d\u3057\u3066\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\u306f\u5f8c\u8005\u306b\u52a0\u308f\u3063\u305f\u3088\u3046\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u7c73\u56fd\u6642\u95936\u670816\u65e5\u306b\u306fCPI\u306e\u6570\u5b57\u304c\u767a\u8868\u3055\u308c\u3066\u304b\u3089\u521d\u3081\u3066\u306eFOMC\u4f1a\u5408\uff08\u91d1\u878d\u653f\u7b56\u6c7a\u5b9a\u4f1a\u5408\uff09\u304c\u958b\u304b\u308c\u308b\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u4e2d\u592e\u9280\u884c\u3067\u3042\u308bFed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u304c\u4e0a\u6607\u3059\u308b\u7269\u4fa1\u306b\u3064\u3044\u3066\u306e\u610f\u898b\u3092\u8868\u660e\u3059\u308b\u3060\u308d\u3046\u3002\u3053\u306e\u4f1a\u5408\u306b\u3064\u3044\u3066\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\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>\u3082\u3057Fed\u304c\u30a4\u30f3\u30d5\u30ec\u306e\u6570\u5b57\u3092\u7121\u8996\u3059\u308b\u306a\u3089\u3001\u3042\u3089\u3086\u308b\u30a4\u30f3\u30d5\u30ec\u30c8\u30ec\u30fc\u30c9\u306b\u5927\u304d\u304f\u8ced\u3051\u308b\u9752\u4fe1\u53f7\u304c\u51fa\u305f\u3068\u3044\u3046\u3053\u3068\u3060\u3068\u601d\u3046\u3002<\/p><p>\u3082\u3057\u5f7c\u3089\u304c\u300c\u3059\u3079\u3066\u9806\u8abf\u3067\u4e88\u5b9a\u901a\u308a\u3060\u300d\u3068\u8a00\u3046\u306a\u3089\u3070\u3001\u308f\u305f\u3057\u306f\u30a4\u30f3\u30d5\u30ec\u30c8\u30ec\u30fc\u30c9\u306b\u5168\u8ced\u3051\u3059\u308b\u3060\u308d\u3046\u3002\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u3092\u8cb7\u3044\u3001\u6697\u53f7\u901a\u8ca8\u3092\u8cb7\u3044\u3001\u30b4\u30fc\u30eb\u30c9\u3092\u8cb7\u3046\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n\n\n\n<p><strong>\u5b9f\u306f\u5c0f\u3055\u3044\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834<\/strong><\/p>\n\n\n\n<p>\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\u306f\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306b\u3088\u308b\u91d1\u5c5e\u3084\u7a40\u7269\u306a\u3069\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u3078\u306e\u6295\u8cc7\u304c\u307e\u3060\u672c\u683c\u7684\u306b\u884c\u308f\u308c\u3066\u3044\u306a\u3044\u3053\u3068\u3092\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>\u8cc7\u7523\u904b\u7528\u4f1a\u793e\u306b\u3088\u3063\u3066\u904b\u7528\u3055\u308c\u3066\u3044\u308b88\u5146\u30c9\u30eb\u306e\u3046\u3061\u30016,700\u5104\u30c9\u30eb\u304c\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u6307\u6570\u306b\u6295\u8cc7\u3055\u308c\u3066\u3044\u308b\u3002\u8cc7\u91d1\u5168\u4f53\u306e\u304a\u3088\u305d0.75%\u306b\u904e\u304e\u306a\u3044\u3002<\/p><p>2011\u5e74\u306b\u30a4\u30f3\u30d5\u30ec\u306f3%\u3067\u5929\u4e95\u3068\u306a\u3063\u305f\u304c\u3001\u305d\u306e\u6642\u306b\u5f7c\u3089\u306f1.2%\u3092\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u6307\u6570\u306b\u6295\u8cc7\u3057\u3066\u3044\u305f\u3002\u3042\u30684,000\u5104\u30c9\u30eb\u304c\u4eca\u540c\u3058\u3088\u3046\u306b\u6295\u8cc7\u3055\u308c\u308b\u306a\u3089\u3070\u3001\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u6307\u6570\u306f2\u500d\u304b3\u500d\u306b\u306a\u308b\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n\n\n\n<p>\u30b8\u30e7\u30fc\u30f3\u30ba\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>\u8cc7\u7523\u904b\u7528\u4f1a\u793e\u306e\u52d5\u5411\u3092\u898b\u3066\u3044\u308c\u3070\u3001\u5f7c\u3089\u306f\u672c\u6765\u6295\u8cc7\u3059\u3079\u304d\u5834\u6240\u306b\u6295\u8cc7\u3057\u3066\u3044\u306a\u3044\u3002\u6050\u3089\u304f\u306fFed\u304c\u300c\u30a4\u30f3\u30d5\u30ec\u306f\u4e00\u6642\u7684\u3060\u300d\u3068\u3044\u3046\u4fdd\u8a3c\u3092\u4e0e\u3048\u3066\u3044\u308b\u304b\u3089\u304b\u3082\u3057\u308c\u306a\u3044\u3002<\/p><p>\u7d50\u679c\u3068\u3057\u3066\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306b\u306f\u5927\u91cf\u306e\u7a7a\u58f2\u308a\u304c\u5b58\u5728\u3057\u3066\u3044\u308b\u3002\u5927\u91cf\u306e\u7a7a\u58f2\u308a\u3060\u3002<\/p><\/blockquote>\n\n\n\n<p>\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\u306b\u3088\u308c\u3070\u8cc7\u7523\u904b\u7528\u4f1a\u793e\u306f\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u6295\u8cc7\u306b\u53ca\u3073\u8170\u3060\u3068\u3044\u3046\u3002\u3053\u3053\u306e\u8aad\u8005\u306b\u3068\u3063\u3066\u306f\u610f\u5916\u306a\u306e\u3067\u306f\u306a\u3044\u304b\u3002<\/p>\n\n\n\n<p>\u6050\u3089\u304f\u3053\u3053\u3067\u306f\u4e16\u754c\u6700\u9ad8\u306e\u6295\u8cc7\u5bb6\u306e\u610f\u898b\u3070\u304b\u308a\u3092\u7d39\u4ecb\u3057\u904e\u304e\u3066\u3044\u308b\u306e\u304b\u3082\u3057\u308c\u306a\u3044\u3002Fed\u306e\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u300c\u30a4\u30f3\u30d5\u30ec\u306f\u4e00\u6642\u7684\u300d\u306b\u5bfe\u3057\u3066\u3001\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304c\u300c\u305d\u3093\u306a\u3053\u3068\u304c\u5f7c\u3089\u306b\u3069\u3046\u3084\u3063\u305f\u3089\u5206\u304b\u308b\u3093\u3060\uff1f\u300d\u3068\u565b\u307f\u4ed8\u3044\u3066\u3044\u308b\u59ff\u3070\u304b\u308a\u3092\u898b\u3059\u304e\u3066\u3044\u308b\u306e\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u308f\u305f\u3057\u3084\u5f7c\u3089\u3084\u3053\u3053\u306e\u8aad\u8005\u304c\u30de\u30af\u30ed\u7d4c\u6e08\u306e\u7d20\u4eba\u3067\u3042\u308b\u30d1\u30a6\u30a8\u30eb\u6c0f\u306e\u767a\u8a00\u3092\u307e\u3068\u3082\u306b\u53d6\u308a\u4e0a\u3052\u308b\u3053\u3068\u306f\u306a\u3044\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13574\" data-type=\"post\" data-id=\"13574\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3001\u30a4\u30f3\u30d5\u30ec\u7121\u8996\u306e\u4e2d\u592e\u9280\u884c\u3092\u75db\u70c8\u6279\u5224<\/a><\/li><\/ul>\n\n\n\n<p>\u3057\u304b\u3057\u5e73\u5747\u7684\u306a\u8cc7\u7523\u904b\u7528\u4f1a\u793e\u306f\u6050\u3089\u304f\u30d1\u30a6\u30a8\u30eb\u6c0f\u306e\u767a\u8a00\u3092\u308f\u308c\u308f\u308c\u3088\u308a\u306f\u307e\u3068\u3082\u306b\u53d7\u3051\u53d6\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3002\u7d50\u679c\u3068\u3057\u3066\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u9593\u3067\u306f\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u306b\u5bfe\u3059\u308b\u904e\u5c0f\u8a55\u4fa1\u304c\u5b58\u5728\u3059\u308b\u306e\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\u306e\u8a00\u3063\u3066\u3044\u308b\u306e\u306f\u305d\u3046\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u5f7c\u3089\u304c\u81ea\u4f53\u306e\u6df1\u523b\u3055\u306b\u6c17\u4ed8\u304d\u59cb\u3081\u3001\u30a4\u30f3\u30d5\u30ec\u3092\u907f\u3051\u308b\u305f\u3081\u306b\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306b\u6bba\u5230\u3057\u305f\u3089\u3069\u3046\u306a\u308b\u304b\uff1f\u3000\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u7d9a\u3051\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u69d8\u3005\u306a\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u9298\u67c4\u306e\u51fa\u6765\u9ad8\u3092\u898b\u308b\u3068\u3001\u3069\u308c\u3082\u3059\u3079\u3066\u6975\u7aef\u306b\u8584\u3044\u3002\u3069\u308c\u3082\u6975\u7aef\u306b\u8584\u3044\u3093\u3060\u3002<\/p><p>\u3082\u3057\u305d\u3053\u306b\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u8cc7\u91d1\u304c\u3042\u308b\u3079\u304d\u6c34\u6e96\u307e\u3067\u623b\u3063\u305f\u3068\u3057\u305f\u3089\u3069\u3046\u306a\u308b\u3060\u308d\u3046\uff1f<\/p><\/blockquote>\n\n\n\n<p>\u65e5\u672c\u306e\u8aad\u8005\u304c\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306e\u898f\u6a21\u306b\u3069\u308c\u307b\u3069\u99b4\u67d3\u307f\u304c\u3042\u308b\u304b\u306f\u5206\u304b\u3089\u306a\u3044\u304c\u3001\u30b4\u30fc\u30eb\u30c9\u3084\u30b7\u30eb\u30d0\u30fc\u306a\u3069\u4e00\u90e8\u3092\u9664\u3051\u3070\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306f\u6bd4\u8f03\u7684\u5c0f\u3055\u3044\u5e02\u5834\u3067\u3042\u308b\u3002\u53c2\u8003\u306e\u305f\u3081\u306b\u5404\u7a2e\u9298\u67c4\u306e\u6642\u4fa1\u7dcf\u984d\u3092\u8f09\u305b\u3066\u307f\u3088\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>\u91d1:<\/strong> 12\u5146\u30c9\u30eb<\/li><li><strong>Apple:<\/strong> 2\u5146\u30c9\u30eb<\/li><li><strong>Amazon:<\/strong> 2\u5146\u30c9\u30eb<\/li><li><strong>\u9280:<\/strong> 2\u5146\u30c9\u30eb<\/li><li><strong>Facebook:<\/strong> 9,649\u5104\u30c9\u30eb<\/li><li><strong>Visa:<\/strong> 5,151\u5104\u30c9\u30eb<\/li><li><strong>\u30d1\u30e9\u30b8\u30a6\u30e0:<\/strong> 4,825\u5104\u30c9\u30eb<\/li><li><strong>P&amp;G:<\/strong> 3.303\u5104\u30c9\u30eb<\/li><li><strong>\u30d7\u30e9\u30c1\u30ca:<\/strong> 2,918\u5104\u30c9\u30eb<\/li><li><strong>\u30c8\u30e8\u30bf\u81ea\u52d5\u8eca:<\/strong> 2,508\u5104\u30c9\u30eb<\/li><\/ul>\n\n\n\n<p>\u91d1\u3084\u9280\u306a\u3069\u3067\u3082\u5927\u4f01\u696d1\u793e\u5206\u306e\u6642\u4fa1\u7dcf\u984d\u306b\u904e\u304e\u306a\u3044\u3002\u305d\u3057\u3066\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5e02\u5834\u306f\u682a\u5f0f\u5e02\u5834\u306b\u6bd4\u3079\u3066\u6975\u7aef\u306b\u9298\u67c4\u6570\u304c\u5c11\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u5927\u8c46\u3084\u30b3\u30fc\u30f3\u3001\u7802\u7cd6\u306a\u3069\u306e\u5148\u7269\u5e02\u5834\u306f\u91d1\u3084\u9280\u3088\u308a\u3082\u66f4\u306b\u5e02\u5834\u898f\u6a21\u304c\u5c0f\u3055\u3044\u3002Bridgewater\u306e\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u304c\u30a4\u30f3\u30d5\u30ec\u3092\u907f\u3051\u308b\u305f\u3081\u306e\u8cc7\u7523\u306e\u9003\u907f\u5148\u3068\u3057\u3066\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u304c\u9ad8\u9a30\u3057\u305f\u7406\u7531\u306b\u3064\u3044\u3066\u6b21\u306e\u3088\u3046\u306b\u8a00\u3063\u3066\u3044\u305f\u306e\u3092\u601d\u3044\u51fa\u3057\u305f\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/12089\" data-type=\"post\" data-id=\"12089\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306f\u7d20\u6674\u3089\u3057\u3044\u767a\u660e\u3060<\/a><\/li><\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u4fe1\u7528\u5275\u9020\u3068\u7d19\u5e63\u5370\u5237\u304c\u6a2a\u884c\u3057\u3001\u4eca\u5f8c\u3082\u8d77\u3053\u308a\u7d9a\u3051\u308b\u73fe\u4ee3\u306b\u304a\u3044\u3066\u306f\u30b4\u30fc\u30eb\u30c9\u306e\u4ee3\u308f\u308a\u306b\u306a\u308b\u4f55\u3089\u304b\u306e\u8cc7\u7523\u3078\u306e\u9700\u8981\u304c\u5897\u5927\u3057\u3066\u3044\u308b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u305d\u3046\u3057\u305f\u8cc7\u7523\u306f\u591a\u304f\u306f\u5b58\u5728\u3057\u3066\u3044\u306a\u3044\u3002<\/p><\/blockquote>\n\n\n\n<p>\u4e16\u754c\u4e2d\u304c\u30a4\u30f3\u30d5\u30ec\u306e\u8105\u5a01\u306b\u6c17\u4ed8\u304d\u59cb\u3081\u305f\u6642\u3001\u3053\u308c\u3089\u306e\u72ed\u3044\u5e02\u5834\u306b\u5927\u91cf\u306e\u8cc7\u91d1\u304c\u62bc\u3057\u5bc4\u305b\u308c\u3070\u3069\u3046\u306a\u308b\u3060\u308d\u3046\u304b\uff1f\u3000\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306f\u30b4\u30fc\u30eb\u30c9\u306f\u6307\u6570\u95a2\u6570\u7684\u306b\u4e0a\u304c\u308b\u3068\u8a00\u3063\u3066\u3044\u305f\u3002\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\u3082\u540c\u3058\u3053\u3068\u304c\u8a00\u3044\u305f\u3044\u306e\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/13742\" data-type=\"post\" data-id=\"13742\">\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f: \u30a4\u30f3\u30d5\u30ec\u61f8\u5ff5\u3067\u91d1\u4fa1\u683c\u306f\u6700\u59275\u500d\u306b\u306a\u308b<\/a><\/li><\/ul>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u4e00\u65b9\u3067\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\u306f\u30a4\u30f3\u30d5\u30ec\u30c8\u30ec\u30fc\u30c9\u306b\u5168\u8ced\u3051\u3059\u308b\u306b\u306f\u7c73\u56fd\u6642\u959316\u65e5\u306eFOMC\u4f1a\u5408\u3092\u5f85\u305f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3068\u8a00\u3046\u3002\u5f7c\u306e\u73fe\u72b6\u306e\u30b9\u30bf\u30f3\u30b9\u306f\u6b21\u306e\u3088\u3046\u306a\u3082\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u4eca\u5206\u304b\u3063\u3066\u3044\u308b\u3053\u3068\u306f\u3001\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e5%\u3092\u30b4\u30fc\u30eb\u30c9\u30015%\u3092\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u30015%\u3092\u73fe\u91d1\u30015%\u3092\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u3067\u6301\u3061\u305f\u3044\u3068\u3044\u3046\u3053\u3068\u3060\u3002\u6b8b\u308a\u306e80%\u3092\u4f55\u3067\u6301\u3061\u305f\u3044\u304b\u306fFed\u304c\u3069\u3046\u3059\u308b\u304b\u3092\u898b\u308b\u307e\u3067\u5206\u304b\u3089\u306a\u3044\u3002<\/p><\/blockquote>\n\n\n\n<p>\u3057\u304b\u3057\u73fe\u72b6\u6319\u3052\u3089\u308c\u305f20%\u306e\u3046\u3061\u73fe\u91d1\u4ee5\u5916\u306e15%\u306f\u3059\u3079\u3066\u30a4\u30f3\u30d5\u30ec\u30c8\u30ec\u30fc\u30c9\u3067\u3042\u308b\u3002\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\u3068\u3057\u3066\u306f\u5168\u8ced\u3051\u3057\u305f\u3044\u306e\u3060\u304c\u3001\u300c\u9752\u4fe1\u53f7\u300d\u3092\u5f85\u3063\u3066\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u4e00\u65b9\u3067\u4eee\u306bFed\u304c\u7de9\u548c\u306b\u30d6\u30ec\u30fc\u30ad\u3092\u8e0f\u3080\u3068\u3069\u3046\u306a\u308b\u3060\u308d\u3046\u304b\u3002\u5f7c\u306f\u6b21\u306e\u3088\u3046\u306b\u898b\u3048\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u5f7c\u3089\u304c\u3082\u3057\u6b63\u3057\u3044\u9053\u3092\u9032\u3080\u306a\u3089\u3070\u3001\u5f7c\u3089\u304c\u300c\u30c7\u30fc\u30bf\u306f\u63c3\u3063\u305f\u3001\u7de9\u548c\u306e\u4f7f\u547d\u306f\u7d42\u308f\u3063\u305f\u3001\u5b8c\u5168\u96c7\u7528\u306e\u4f7f\u547d\u9054\u6210\u306b\u304b\u306a\u308a\u8fd1\u3065\u3044\u3066\u3044\u308b\u300d\u3068\u8a00\u3046\u306a\u3089\u3070\u3001\u305d\u306e\u5834\u5408\u306f\u30c6\u30fc\u30d1\u30fc\u30bf\u30f3\u30c8\u30e9\u30e0\uff08\u7de9\u548c\u7e2e\u5c0f\u306b\u3088\u308b\u5e02\u5834\u6025\u843d\uff09\u304c\u8d77\u304d\u308b\u3060\u308d\u3046\u3002\u50b5\u5238\u306f\u58f2\u3089\u308c\u3001\u682a\u5f0f\u5e02\u5834\u306f\u8abf\u6574\u306b\u5165\u308b\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n\n\n\n<p>\u3057\u304b\u3057\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\u306f\u305d\u306e\u30b7\u30ca\u30ea\u30aa\u306f\u4fe1\u3058\u3066\u3044\u306a\u3044\u3088\u3046\u306b\u898b\u3048\u308b\u3002\u7b46\u8005\u3082\u4fe1\u3058\u3066\u3044\u306a\u3044\u3002\u30d1\u30a6\u30a8\u30eb\u6c0f\u306f\u5358\u306b\u5f15\u304d\u7de0\u3081\u5f8c\u306e\u682a\u4fa1\u6025\u843d\u306e\u8cac\u4efb\u3092\u53d6\u308a\u305f\u304f\u306a\u3044\u3068\u3044\u3046\u7406\u7531\u3067\u7de9\u548c\u3092\u7d9a\u3051\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u7de9\u548c\u3067\u7269\u4fa1\u9ad8\u9a30\u304b\u3001\u5f15\u304d\u7de0\u3081\u3067\u682a\u4fa1\u6025\u843d\u304b\u3002\u4ed6\u306e\u30b7\u30ca\u30ea\u30aa\u306f\u5b58\u5728\u3057\u306a\u3044\u3088\u3046\u3067\u3042\u308b\u3002\u3057\u304b\u3057\u305d\u306e\u4e8c\u629e\u306b\u5b9f\u969b\u306b\u76f4\u9762\u3059\u308b\u307e\u3067\u306f\u4eba\u3005\u306f\u7de9\u548c\u3067\u3059\u3079\u3066\u304c\u4e0a\u624b\u304f\u884c\u3063\u3066\u3044\u308b\u3088\u3046\u306b\u611f\u3058\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/10616\" data-type=\"post\" data-id=\"10616\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u91cf\u7684\u7de9\u548c\u3067\u4eba\u3005\u306f\u30ea\u30c3\u30c1\u306b\u306a\u3063\u305f\u3088\u3046\u306a\u6c17\u304c\u3059\u308b<\/a><\/li><\/ul>\n\n\n\n<p>\u73fe\u91d1\u306f\u6492\u304f\u304c\u8cac\u4efb\u306f\u53d6\u3089\u306a\u3044\u4e2d\u592e\u9280\u884c\u3068\u7d50\u679c\u304c\u3069\u3046\u306a\u3063\u3066\u3082\u73fe\u91d1\u3092\u6492\u3044\u3066\u307b\u3057\u3044\u6709\u6a29\u8005\u306e\u7d44\u307f\u5408\u308f\u305b\u306e\u7d50\u679c\u306f\u3044\u3064\u3082\u30c7\u30c3\u30c9\u30a8\u30f3\u30c9\u3067\u3042\u308b\u3002\u304a\u4f3c\u5408\u3044\u306e\u30ab\u30c3\u30d7\u30eb\u3067\u306f\u306a\u3044\u304b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u30d6\u30e9\u30c3\u30af\u30de\u30f3\u30c7\u30fc\u3092\u4e88\u60f3\u3057\u305f\u3053\u3068\u3067\u6709\u540d\u306a\u6295\u8cc7\u5bb6\u30dd\u30fc\u30eb\u30fb\u30c1\u30e5\u30fc\u30c0\u30fc\u30fb\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\u304cCNBC\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u30a4\u30f3\u30d5\u30ec\u306b\u3064\u3044\u3066\u8a9e\u3063\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":[59,118,111,57,108],"tags":[159],"class_list":["post-14054","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-us-bond-market","category-stock-markets","category-commodity-markets","category-bond-markets","tag-paul-tudor-jones"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/14054","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=14054"}],"version-history":[{"count":18,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/14054\/revisions"}],"predecessor-version":[{"id":14072,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/14054\/revisions\/14072"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=14054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=14054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=14054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}