{"id":18814,"date":"2022-01-16T20:03:00","date_gmt":"2022-01-16T11:03:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=18814"},"modified":"2022-06-08T18:59:21","modified_gmt":"2022-06-08T09:59:21","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-%e3%82%a4%e3%83%b3%e3%83%95%e3%83%ac%e3%81%a7%e3%82%82%e6%a0%aa%e5%bc%8f%e3%81%af%e9%ad%85","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18814","title":{"rendered":"\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u30a4\u30f3\u30d5\u30ec\u3067\u3082\u682a\u5f0f\u306f\u9b45\u529b\u7684\u306a\u6295\u8cc7\u5148"},"content":{"rendered":"\n<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\u304cCNBC\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u682a\u5f0f\u5e02\u5834\u306b\u5f37\u6c17\u306e\u767a\u8a00\u3092\u3057\u3066\u3044\u308b\u3002\u3053\u308c\u3060\u3051\u306e\u30a4\u30f3\u30d5\u30ec\u3068\u3001\u305d\u308c\u3092\u6291\u5236\u3059\u308b\u305f\u3081\u306e\u5229\u4e0a\u3052\u89b3\u6e2c\u304c\u3042\u308b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u306f\u682a\u5f0f\u3092\u9b45\u529b\u7684\u306a\u6295\u8cc7\u5148\u3068\u898b\u3066\u3044\u308b\u3088\u3046\u3060\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u307e\u30603\u5e74\u76ee\u3060<\/strong><\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306e\u6839\u62e0\u306f\u4e3b\u306b2\u3064\u3042\u308b\u3088\u3046\u306b\u601d\u3048\u308b\u3002\u307e\u305a1\u3064\u76ee\u306f\u307e\u3060\u307e\u3060\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306e\u5e8f\u76e4\u3060\u3068\u3044\u3046\u3053\u3068\u3060\u3002\u30c0\u30ea\u30aa\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8aac\u660e\u3059\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u73fe\u91d1\u7d66\u4ed8\u304c\u884c\u308f\u308c\u5927\u91cf\u306e\u8cc7\u91d1\u304c\u6d41\u308c\u8fbc\u307f\u3001\u3053\u308c\u3089\u306e\u8cc7\u91d1\u304c\u4f7f\u308f\u308c\u3066\u30a4\u30f3\u30d5\u30ec\u3092\u91b8\u6210\u3059\u308b\u3068\u3044\u3046\u30b5\u30a4\u30af\u30eb\u306e\u307e\u3060\u307e\u3060\u5e8f\u76e4\u3060\u3002\u6b74\u53f2\u4e0a\u3001\u3053\u3046\u3057\u305f\u5c40\u9762\u3067\u306f\u5546\u54c1\u3084\u30b5\u30fc\u30d3\u30b9\u3084\u91d1\u878d\u8cc7\u7523\u306e\u4fa1\u683c\u304c\u4e0a\u6607\u3057\u3066\u304d\u305f\u3002<\/p><\/blockquote>\n\n\n\n<p>\u7269\u8a9e\u306f\u6050\u3089\u304f\u30b3\u30ed\u30ca\u3067\u682a\u4fa1\u3068\u7d4c\u6e08\u304c\u3069\u3093\u5e95\u307e\u3067\u843d\u3061\u305f2020\u5e74\u304b\u3089\u59cb\u307e\u308b\u3060\u308d\u3046\u3002\u305d\u3053\u3092\u30b9\u30bf\u30fc\u30c8\u3068\u3057\u3066\u3001\u73fe\u91d1\u7d66\u4ed8\u3068\u91d1\u878d\u7de9\u548c\u306b\u3088\u3063\u3066\u682a\u4fa1\u3082\u7d4c\u6e08\u3082\u7121\u7406\u77e2\u7406\u6d6e\u63da\u3055\u305b\u3089\u308c\u3066\u304d\u305f\u3002<\/p>\n\n\n\n<p>\u5f53\u7136\u305d\u3053\u304b\u3089\u91d1\u878d\u7de9\u548c\u306f\u7e2e\u5c0f\u3055\u308c\u3001\u6b21\u7b2c\u306b\u5229\u4e0a\u3052\u306a\u3069\u306e\u91d1\u878d\u5f15\u304d\u7de0\u3081\u304c\u59cb\u307e\u308b\u3002\u3053\u308c\u304c\u3044\u3064\u3082\u306e\u6d41\u308c\u3067\u3042\u308a\u3001\u3044\u3064\u3082\u306e\u30b5\u30a4\u30af\u30eb\u306a\u306e\u3060\u30022008\u5e74\u306e\u30ea\u30fc\u30de\u30f3\u30b7\u30e7\u30c3\u30af\u306e\u5f8c\u3082\u3001\u91cf\u7684\u7de9\u548c\u958b\u59cb\u304b\u3089\u306e\u91cf\u7684\u7de9\u548c\u505c\u6b62\u3001\u305d\u3057\u3066\u5229\u4e0a\u3052\u3068\u91cf\u7684\u5f15\u304d\u7de0\u3081\u3001\u305d\u306e\u5f8c\u306e2018\u5e74\u4e16\u754c\u540c\u6642\u682a\u5b89\u307e\u3067\u3001\u4e0a\u304c\u3063\u3066\u304b\u3089\u4e0b\u304c\u3063\u3066\u304d\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7959\" data-type=\"post\" data-id=\"7959\">\u4e16\u754c\u540c\u6642\u682a\u5b89\u3092\u4e88\u60f3\u3067\u304d\u305f\u7406\u7531\u3068\u682a\u4fa1\u4e0b\u843d\u306e\u539f\u56e0 (2018\/10\/28)<\/a><\/li><\/ul>\n\n\n\n<p>\u305d\u308c\u307e\u306710\u5e74\u639b\u304b\u3063\u305f\u8a08\u7b97\u306b\u306a\u308b\u3002\u5229\u4e0a\u3052\u306f\u30b5\u30a4\u30af\u30eb\u958b\u59cb\u304b\u30897\u5e74\u5f8c\u306e2015\u5e74\u306b\u59cb\u307e\u3063\u305f\u304c\u3001\u682a\u4fa1\u66b4\u843d\u3067\u5229\u4e0a\u3052\u304c\u5229\u4e0b\u3052\u306b\u8ee2\u3058\u308b\u307e\u3067\u306b\u306f\u5229\u4e0a\u30529\u56de\u3001\u305d\u306e\u5f8c3\u5e74\u306e\u5e74\u6708\u304c\u304b\u304b\u3063\u3066\u3044\u308b\u3002\u5229\u4e0a\u3052\u958b\u59cb\u304b\u3089\u682a\u4fa1\u66b4\u843d\u307e\u3067\u306f\u6642\u9593\u304c\u304b\u304b\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2021-11-8-federal-funds-rate-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"510\" height=\"468\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2021-11-8-federal-funds-rate-chart.png\" alt=\"\" class=\"wp-image-17181\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2021-11-8-federal-funds-rate-chart.png 510w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/11\/2021-11-8-federal-funds-rate-chart-300x275.png 300w\" sizes=\"auto, (max-width: 510px) 100vw, 510px\" \/><\/a><\/figure>\n\n\n\n<p>\u4eca\u56de\u306e\u30b5\u30a4\u30af\u30eb\u304c\u59cb\u307e\u3063\u305f\u306e\u306f2020\u5e74\u3060\u30023\u5e74\u76ee\u306b\u5229\u4e0a\u3052\u3092\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3068\u3044\u3046\u610f\u5473\u3067\u30b5\u30a4\u30af\u30eb\u306f\u7e2e\u5c0f\u3055\u308c\u3066\u306f\u3044\u308b\u304c\u3001\u30c0\u30ea\u30aa\u6c0f\u306f\u307e\u3060\u307e\u3060\u5e8f\u76e4\u3060\u3068\u4e3b\u5f35\u3057\u3066\u3044\u308b\u306e\u3060\u3002\u5f7c\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>\u4eca\u306f\u307e\u3060\u307e\u3060\u3053\u306e\u30b5\u30a4\u30af\u30eb\u304c\u59cb\u307e\u3063\u30663\u5e74\u76ee\u3067\u3001\u5f53\u7136\u306a\u304c\u3089\u4e2d\u592e\u9280\u884c\u306e\u91d1\u878d\u5f15\u304d\u7de0\u3081\u304c\u59cb\u307e\u308b\u304c\u3001\u3053\u306e\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306e\u554f\u984c\u70b9\u306f\u3001\u5e02\u5834\u3068\u7d4c\u6e08\u304c\u91d1\u5229\u306b\u5bfe\u3057\u3066\u975e\u5e38\u306b\u654f\u611f\u306b\u306a\u3063\u3066\u3044\u308b\u3053\u3068\u3060\u3002<\/p><p>\u91d1\u878d\u7de9\u548c\u3092\u3084\u308a\u904e\u304e\u3066\u3057\u307e\u3063\u305f\u305f\u3081\u306b\u3001\u305d\u308c\u3092\u5c11\u3057\u5143\u306b\u623b\u3059\u3060\u3051\u3067\u304b\u306a\u308a\u96e3\u3057\u3044\u3053\u3068\u306b\u306a\u3063\u3066\u3057\u307e\u3046\u3002<\/p><p>\u3057\u304b\u3057\u3053\u306e\u30b5\u30a4\u30af\u30eb\u306f\u901a\u5e383\u5e74\u3067\u306f\u7d42\u308f\u3089\u306a\u3044\u3002<\/p><p>\u91cd\u8981\u306a\u306e\u306f\u3001Fed\u3084\u4ed6\u306e\u4e2d\u592e\u9280\u884c\u304c\u30de\u30a4\u30ca\u30b9\u306e\u5b9f\u8cea\u91d1\u5229\u3092\u4fdd\u305f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3060\u308d\u3046\u3068\u3044\u3046\u3053\u3068\u3060\u3002<\/p><\/blockquote>\n\n\n\n<p>\u3053\u308c\u306f\u50b5\u5238\u6295\u8cc7\u5bb6\u30b9\u30b3\u30c3\u30c8\u30fb\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306e\u610f\u898b\u3068\u3082\u4e00\u81f4\u3059\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/17179\" data-type=\"post\" data-id=\"17179\">\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f: \u5229\u4e0a\u3052\u306e\u521d\u671f\u306b\u306f\u682a\u3092\u8cb7\u3048<\/a><\/li><\/ul>\n\n\n\n<p><strong>\u682a\u5f0f\u304b\u73fe\u91d1\u304b<\/strong><\/p>\n\n\n\n<p>\u682a\u4fa1\u304c\u4e0b\u843d\u3059\u308b\u305f\u3081\u306b\u306f\u91d1\u5229\u4e0a\u6607\u306b\u3088\u3063\u3066\u73fe\u91d1\u3084\u50b5\u5238\u304c\u682a\u5f0f\u3088\u308a\u3082\u9b45\u529b\u7684\u306b\u306a\u308b\u5fc5\u8981\u304c\u3042\u308b\u3068\u30c0\u30ea\u30aa\u6c0f\u306f\u6307\u6458\u3059\u308b\u3002\u305d\u3046\u306a\u3063\u3066\u521d\u3081\u3066\u682a\u5f0f\u304b\u3089\u73fe\u91d1\u3084\u50b5\u5238\u3078\u306e\u8cc7\u91d1\u6d41\u51fa\u304c\u59cb\u307e\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u73fe\u91d1\u304b\u50b5\u5238\u306f\u9b45\u529b\u7684\u3060\u308d\u3046\u304b\uff1f\u3000\u30c0\u30ea\u30aa\u6c0f\u306f\u3053\u3046\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>\u9810\u91d1\u306e\u5b9f\u8cea\u30ea\u30bf\u30fc\u30f3\u306f\u30de\u30a4\u30ca\u30b94%\u3060\u3002<\/p><p>\u3059\u3079\u3066\u306e\u6295\u8cc7\u5bb6\u306f\u3001\u73fe\u91d1\u3084\u50b5\u5238\u3092\u6301\u3063\u3066\u3044\u3066\u306f\u4fa1\u5024\u304c\u76ee\u6e1b\u308a\u3057\u3066\u3086\u304f\u3068\u3044\u3046\u73fe\u5b9f\u306b\u76f4\u9762\u3057\u3066\u3044\u308b\u3002<\/p><\/blockquote>\n\n\n\n<p>\u52ff\u8ad6\u30a4\u30f3\u30d5\u30ec\u306e\u304a\u9670\u3067\u3042\u308b\u3002\u5b9f\u8cea\u30ea\u30bf\u30fc\u30f3\u3068\u306f\u30a4\u30f3\u30d5\u30ec\u7387\u3092\u5f15\u3044\u305f\u30ea\u30bf\u30fc\u30f3\u306e\u3053\u3068\u3060\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u6700\u65b0\u306e\u6570\u5b57\u30677%\u3068\u306a\u308a\u3001\u91d1\u5229\u3092\u5927\u304d\u304f\u4e0a\u56de\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18620\" data-type=\"post\" data-id=\"18620\">\u30b3\u30ed\u30ca\u8513\u5ef6\u3067\u3082\u30a4\u30f3\u30d5\u30ec\u6b62\u307e\u3089\u305a\u300112\u6708\u7c73\u7269\u4fa1\u4e0a\u6607\u7387\u306f7.1%<\/a><\/li><\/ul>\n\n\n\n<p>\u3064\u307e\u308a\u3001\u6570\u30d1\u30fc\u30bb\u30f3\u30c8\u306e\u91d1\u5229\u53ce\u5165\u304c\u3042\u3063\u305f\u3068\u3057\u3066\u3082\u7269\u4fa1\u306e\u4e0a\u304c\u308b\u30da\u30fc\u30b9\u304c\u305d\u308c\u3088\u308a\u3082\u65e9\u3044\u305f\u3081\u306b\u73fe\u91d1\u3092\u6301\u3063\u3066\u3044\u308b\u3068\u8cfc\u8cb7\u529b\u306f\u4e0b\u304c\u3063\u3066\u3086\u304f\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u3053\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u3068\u91d1\u5229\u306e\u95a2\u4fc2\u3092\u9006\u8ee2\u3055\u305b\u308b\u306e\u306f\u4e2d\u592e\u9280\u884c\u3067\u3042\u308bFed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306b\u306f\u7121\u7406\u3060\u3068\u8e0f\u3093\u3067\u3044\u308b\u306e\u3060\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u3044\u304f\u3089\u304b\u306e\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306f\u3042\u308b\u3060\u308d\u3046\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u3092\u8003\u616e\u3057\u3066\u3082\u73fe\u91d1\u3084\u50b5\u5238\u304c\u9b45\u529b\u7684\u306b\u306a\u308b\u307b\u3069\u306e\u91d1\u5229\u4e0a\u6607\u3092\u5f15\u304d\u8d77\u3053\u3059\u306e\u306f\u7121\u7406\u3060\u3002\u305d\u3046\u306a\u308b\u305f\u3081\u306b\u306f\u975e\u5e38\u306b\u5927\u304d\u306a\u91d1\u5229\u4e0a\u6607\u304c\u5fc5\u8981\u3068\u306a\u308a\u3001\u4f55\u3088\u308a\u307e\u305a\u7d4c\u6e08\u304c\u99c4\u76ee\u306b\u306a\u3063\u3066\u3057\u307e\u3046\u3060\u308d\u3046\u3002<\/p><p>2022\u5e74\u306e\u4e2d\u9593\u9078\u6319\u30682024\u5e74\u306e\u5927\u7d71\u9818\u9078\u6319\u304c\u3042\u308b\u3002Fed\u304c\u666f\u6c17\u5f8c\u9000\u3092\u5f15\u304d\u8d77\u3053\u3059\u307b\u3069\u306e\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3092\u884c\u306a\u3063\u3066\u3057\u307e\u3063\u305f\u3089\u3069\u3046\u306a\u308b\u3060\u308d\u3046\u304b\uff1f<\/p><\/blockquote>\n\n\n\n<p>Fed\u306e\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f\u305d\u3082\u305d\u3082\u5229\u4e0a\u3052\u3092\u3084\u308a\u305f\u304c\u3063\u3066\u3044\u306a\u304b\u3063\u305f\u3002\u81ea\u5206\u306e\u5229\u4e0a\u3052\u304c2018\u5e74\u306e\u4e16\u754c\u540c\u6642\u682a\u5b89\u3092\u5f15\u304d\u8d77\u3053\u3057\u305f\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/8106\" data-type=\"post\" data-id=\"8106\">12\u6708FOMC\u4f1a\u5408\u7d50\u679c\u306f\u7a7a\u58f2\u308a\u6d3e\u3078\u306e\u6e80\u984d\u56de\u7b54 (2018\/12\/20)<\/a><\/li><\/ul>\n\n\n\n<p>\u305d\u308c\u3067\u3082\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u306e\u305f\u3081\u306b\u5229\u4e0a\u3052\u306f\u4e0d\u53ef\u907f\u3060\u3068\u3044\u3046\u3053\u3068\u3092\u50b5\u5238\u5e02\u5834\u304c\u5148\u306b\u7e54\u308a\u8fbc\u307f\u59cb\u3081\u305f\u305f\u3081\u306b\u6e0b\u3005\u5229\u4e0a\u3052\u3092\u4e86\u627f\u3057\u305f\u304c\u3001\u305d\u3082\u305d\u3082\u5e02\u5834\u306e\u8a00\u3046\u901a\u308a\u306b\u5229\u4e0a\u3052\u3092\u3057\u305f\u3068\u3057\u3066\u3082\u91d1\u5229\u306f\u30a4\u30f3\u30d5\u30ec\u7387\u306e7%\u306b\u9060\u304f\u53ca\u3070\u306a\u3044\u3002\u4e2d\u592e\u9280\u884c\u306f\u91d1\u5229\u3092\u307b\u3068\u3093\u3069\u4e0a\u3052\u3089\u308c\u306a\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\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>Fed\u306f\u5e02\u5834\u306e\u5229\u4e0a\u3052\u4e88\u60f3\u3088\u308a\u9045\u308c\u3066\u52d5\u3044\u3066\u3044\u308b\u304c\u3001\u5927\u3057\u3066\u8ffd\u3044\u3064\u304f\u3053\u3068\u304c\u51fa\u6765\u308b\u3068\u306f\u601d\u3048\u306a\u3044\u3002\u3088\u3063\u3066\u73fe\u91d1\u3084\u50b5\u5238\u304c\u9b45\u529b\u7684\u306a\u6295\u8cc7\u5148\u306b\u306a\u308b\u3053\u3068\u306f\u306a\u3044\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n\n\n\n<p>\u305d\u308c\u3067\u5229\u4e0a\u3052\u5f8c\u3082\u4f4e\u91d1\u5229\u306f\u7d9a\u304f\u3002\u305d\u306e\u5f8c\u306e\u30b7\u30ca\u30ea\u30aa\u306f\u7269\u4fa1\u306e\u66f4\u306a\u308b\u9ad8\u9a30\u3060\u308d\u3046\u3002\u306f\u3063\u304d\u308a\u8a00\u3046\u304c2022\u5e74\u306e\u30a4\u30f3\u30d5\u30ec\u306f\u307e\u3060\u307e\u3060\u5e8f\u306e\u53e3\u3067\u3042\u308b\u3002\u65e5\u672c\u306e\u8aad\u8005\u3082\u6295\u8cc7\u5bb6\u3068\u3057\u3066\u3060\u3051\u3067\u306f\u306a\u304f\u3001\u6d88\u8cbb\u8005\u3068\u3057\u3066\u3082\u30a4\u30f3\u30d5\u30ec\u306b\u5099\u3048\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/17958\" data-type=\"post\" data-id=\"17958\">\u73fe\u5728\u306e\u30a2\u30e1\u30ea\u30ab\u306e\u7269\u4fa1\u9ad8\u9a30\u306f\u30a4\u30f3\u30d5\u30ec\u7b2c1\u6ce2\u306b\u904e\u304e\u306a\u3044<\/a><\/li><\/ul>\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\u304cCNBC\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u682a\u5f0f\u5e02\u5834\u306b\u5f37\u6c17\u306e\u767a\u8a00\u3092\u3057\u3066\u3044\u308b\u3002\u3053\u308c\u3060\u3051\u306e\u30a4\u30f3\u30d5\u30ec\u3068\u3001\u305d\u308c\u3092\u6291\u5236\u3059\u308b\u305f\u3081\u306e\u5229\u4e0a\u3052\u89b3\u6e2c\u304c\u3042\u308b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18814\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: \u30a4\u30f3\u30d5\u30ec\u3067\u3082\u682a\u5f0f\u306f\u9b45\u529b\u7684\u306a\u6295\u8cc7\u5148<\/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":[102],"class_list":["post-18814","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-stock-markets","tag-ray-dalio"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/18814","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=18814"}],"version-history":[{"count":32,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/18814\/revisions"}],"predecessor-version":[{"id":18846,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/18814\/revisions\/18846"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=18814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=18814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=18814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}