{"id":19017,"date":"2022-01-22T20:05:00","date_gmt":"2022-01-22T11:05:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=19017"},"modified":"2022-01-22T19:06:51","modified_gmt":"2022-01-22T10:06:51","slug":"2018%e5%b9%b4%e3%81%ae%e4%b8%96%e7%95%8c%e5%90%8c%e6%99%82%e6%a0%aa%e5%ae%89%e3%81%a7%e3%81%af%e4%bd%95%e3%81%8b%e3%82%89%e9%a0%86%e7%95%aa%e3%81%ab%e6%9a%b4%e8%90%bd%e3%81%97%e3%81%9f%e3%81%8b","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/19017","title":{"rendered":"2018\u5e74\u306e\u4e16\u754c\u540c\u6642\u682a\u5b89\u3067\u306f\u4f55\u304b\u3089\u9806\u756a\u306b\u66b4\u843d\u3057\u305f\u304b\u3092\u632f\u308a\u8fd4\u308b"},"content":{"rendered":"\n<p>\u30a2\u30e1\u30ea\u30ab\u3067\u7269\u4fa1\u9ad8\u9a30\u304c\u6b62\u307e\u3089\u305a\u3001Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306f\u30a4\u30f3\u30d5\u30ec\u3092\u6291\u3048\u308b\u307e\u3067\u6025\u901f\u306a\u5229\u4e0a\u3052\u3092\u4f59\u5100\u306a\u304f\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18899\" data-type=\"post\" data-id=\"18899\">\u91d1\u878d\u5e02\u5834\u3001\u4eca\u5e745\u56de\u4ee5\u4e0a\u306e\u5229\u4e0a\u3052\u3092\u7e54\u308a\u8fbc\u307f\u59cb\u3081\u308b\u3000\u682a\u5f0f\u5e02\u5834\u306f\u98a8\u524d\u306e\u706f\u706b<\/a><\/li><\/ul>\n\n\n\n<p>\u3060\u304c\u30a4\u30f3\u30d5\u30ec\u304c\u6b62\u307e\u308b\u3088\u308a\u5148\u306b\u682a\u4fa1\u304c\u5229\u4e0a\u3052\u306b\u8010\u3048\u3089\u308c\u305a\u66b4\u843d\u3059\u308b\u3053\u3068\u306f\u3082\u306f\u3084\u65e2\u5b9a\u8def\u7dda\u3060\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u3053\u308c\u307e\u3067\u8ff0\u3079\u3066\u304d\u305f\u901a\u308a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>\u3057\u304b\u3057\u682a\u4fa1\u66b4\u843d\u3068\u8a00\u3063\u3066\u3082\u3059\u3079\u3066\u306e\u3082\u306e\u304c\u540c\u6642\u306b\u66b4\u843d\u3092\u59cb\u3081\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3092\u3053\u3053\u3067\u306f\u7e70\u308a\u8fd4\u3057\u3066\u3044\u308b\u3002\u4e00\u822c\u7684\u306b\u9ad8\u30ea\u30b9\u30af\u306e\u8cc7\u7523\u304b\u3089\u5148\u306b\u4e0b\u843d\u3092\u958b\u59cb\u3057\u3001\u7c73\u56fd\u682a\u306e\u4e3b\u8981\u9298\u67c4\u306f\u6700\u5f8c\u307e\u3067\u4e0b\u843d\u3057\u306a\u3044\u3053\u3068\u304c\u591a\u3044\u3002<\/p>\n\n\n\n<p>\u305d\u3053\u3067\u3053\u306e\u8a18\u4e8b\u3067\u306f2018\u5e74\u306e\u76f8\u5834\u304c\u5b9f\u969b\u306b\u3069\u306e\u3088\u3046\u306a\u30c1\u30e3\u30fc\u30c8\u306b\u306a\u3063\u3066\u3044\u305f\u304b\u3001\u3082\u3046\u4e00\u5ea6\u78ba\u8a8d\u3057\u3066\u307f\u305f\u3044\u3068\u601d\u3046\u3002<\/p>\n\n\n\n<p><strong>\u7c73\u56fd\u682a\u306e\u5024\u52d5\u304d<\/strong><\/p>\n\n\n\n<p>\u307e\u305a\u306f\u57fa\u6e96\u3068\u306a\u308b\u7c73\u56fd\u682a\u4fa1\u6307\u6570S&amp;P 500\u306e\u30c1\u30e3\u30fc\u30c8\u304b\u3089\u63b2\u8f09\u3057\u3088\u3046\u3002\u3053\u308c\u304c\u4e16\u754c\u306e\u682a\u5f0f\u5e02\u5834\u306e\u4e2d\u5fc3\u3067\u3042\u308a\u3001\u30e1\u30a4\u30f3\u306e\u30c1\u30e3\u30fc\u30c8\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\/06\/2018-s-and-p-500-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"612\" height=\"378\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/06\/2018-s-and-p-500-chart.png\" alt=\"\" class=\"wp-image-13880\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/06\/2018-s-and-p-500-chart.png 612w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/06\/2018-s-and-p-500-chart-300x185.png 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/a><\/figure>\n\n\n\n<p>\u5f53\u6642\u3001\u4e0b\u843d\u306f2\u56de\u3042\u3063\u305f\u30021\u6708\u306b\u59cb\u307e\u3063\u305f\u4e0b\u843d\u3067\u306f\u6700\u5f8c\u307e\u3067\u843d\u3061\u304d\u3089\u305a\u3001\u4e00\u5ea6\u682a\u4fa1\u306f\u56de\u5fa9\u3057\u305f\u304c\u300110\u6708\u306b2\u5ea6\u76ee\u306e\u4e0b\u843d\u304c\u3042\u308a\u4eca\u5ea6\u306f\u6700\u5f8c\u307e\u3067\u884c\u3063\u305f\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>S&amp;P 500\u306f\u7c73\u56fd\u306e\u4e3b\u8981\u682a\u4fa1\u6307\u6570\u3067\u3042\u308a\u3001\u4e3b\u306b\u5927\u578b\u682a\u3067\u69cb\u6210\u3055\u308c\u308b\u3002\u3053\u308c\u3092\u7c73\u56fd\u306e\u5c0f\u578b\u682a\u6307\u6570\u3067\u3042\u308bRussell 2000\u306e\u5024\u52d5\u304d\u3068\u6bd4\u3079\u3066\u307f\u3088\u3046\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2018-russell-2000-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"746\" height=\"512\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2018-russell-2000-chart.png\" alt=\"\" class=\"wp-image-19025\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2018-russell-2000-chart.png 746w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2018-russell-2000-chart-300x206.png 300w\" sizes=\"auto, (max-width: 746px) 100vw, 746px\" \/><\/a><\/figure>\n\n\n\n<p>1\u6708\u306e\u4e0b\u843d\u304b\u3089\u4e00\u5ea6\u56de\u5fa9\u3057\u3066\u3044\u308b\u3068\u3053\u308d\u307e\u3067\u306f\u540c\u3058\u3067\u3042\u308b\u3002\u3057\u304b\u3057\u3088\u304f\u898b\u3066\u6b32\u3057\u3044\u306e\u3060\u304c\u30012\u56de\u76ee\u306e\u4e0b\u843d\u306e\u958b\u59cb\u306f10\u6708\u3067\u306f\u306a\u304f1\u30f6\u6708\u65e9\u30449\u6708\u3068\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u899a\u3048\u3066\u3044\u308b\u8aad\u8005\u3082\u3044\u308b\u3060\u308d\u3046\u304c\u3001\u7b46\u8005\u306f\u5f53\u6642\u3053\u306eRussell 2000\uff08\u5c0f\u578b\u682a\uff09\u306e\u52d5\u304d\u306b\u7740\u76ee\u3057\u3066\u3001S&amp;P 500\uff08\u5927\u578b\u682a\uff09\u306e\u4e0b\u843d\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u3092\u4e88\u60f3\u3057\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7931\" data-type=\"post\" data-id=\"7931\">\u9042\u306b\u7c73\u56fd\u682a\u306b\u3082\u6e1b\u901f\u306e\u5146\u3057 (2018\/10\/8)<\/a><\/li><\/ul>\n\n\n\n<p>1\u30f6\u6708\u306e\u6642\u9593\u5dee\u306f\u6295\u8cc7\u5bb6\u306b\u9003\u3052\u308b\u30c1\u30e3\u30f3\u30b9\u3092\u4e0e\u3048\u3066\u304f\u308c\u308b\u308f\u3051\u3067\u3042\u308b\u3002\u9006\u306b\u8a00\u3048\u3070\u7a7a\u58f2\u308a\u3092\u3059\u308b\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306f\u5148\u306b\u7a7a\u58f2\u308a\u3059\u308b\u3079\u304d\u306f\u5c0f\u578b\u682a\u3060\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002\u305d\u308c\u3067\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u306fRussell 2000\u3092\u7a7a\u58f2\u308a\u5bfe\u8c61\u306b\u5165\u308c\u3066\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18949\" data-type=\"post\" data-id=\"18949\">2022\u5e74\u306e\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306b\u6295\u8cc7\u3059\u308b\u65b9\u6cd5<\/a><\/li><\/ul>\n\n\n\n<p>\u3067\u306f\u3001\u3053\u306e\u8a18\u4e8b\u3067\u540c\u3058\u304f\u7a7a\u58f2\u308a\u5bfe\u8c61\u306b\u5165\u308c\u305f\u30b8\u30e3\u30f3\u30af\u50b5\u306f\u3069\u3046\u3060\u308d\u3046\u304b\u3002\u30b8\u30e3\u30f3\u30af\u50b5ETF\u306e\u30c1\u30e3\u30fc\u30c8\u306f\u6b21\u306e\u3088\u3046\u306b\u306a\u3063\u3066\u3044\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\/12\/2018-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"408\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/12\/2018-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart.png\" alt=\"\" class=\"wp-image-18090\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/12\/2018-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2021\/12\/2018-ishares-iboxx-high-yield-corporate-bond-etf-nysearca-hyg-chart-300x198.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>2018\u5e74\u306f\u79cb\u306b\u306a\u308b\u306e\u3092\u5f85\u305f\u305a\u306b\u4e00\u8cab\u3057\u3066\u4e0b\u843d\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u30b8\u30e3\u30f3\u30af\u50b5\u306b\u306f\u5229\u56de\u308a\u304c\u3042\u308b\u306e\u3067\u5b9f\u969b\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u306f\u3053\u308c\u3088\u308a\u3082\u4e0a\u5411\u304d\u3060\u304c\u3001\u305d\u308c\u3067\u3082\u79cb\u307e\u3067\u4e0a\u304c\u308a\u7d9a\u3051\u305f\u5927\u578b\u682a\u3092\u7a7a\u58f2\u308a\u3059\u308b\u3088\u308a\u306f\u3088\u307b\u3069\u5b89\u5168\u306a\u7a7a\u58f2\u308a\u5bfe\u8c61\u3060\u308d\u3046\u3002\u7a7a\u58f2\u308a\u958b\u59cb\u304c\u591a\u5c11\u65e9\u304f\u3068\u3082\u305d\u308c\u307b\u3069\u640d\u3092\u3057\u306a\u3044\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u65e5\u672c\u682a\u3068\u6b27\u5dde\u682a<\/strong><\/p>\n\n\n\n<p>\u7c73\u56fd\u5e02\u5834\u306f\u4ee5\u4e0a\u3067\u3042\u308b\u3002\u3067\u306f\u65e5\u672c\u3068\u6b27\u5dde\u306f\u3069\u3046\u3060\u308d\u3046\u304b\u3002\u307e\u305a\u306f\u65e5\u7d4c\u5e73\u5747\u306e\u30c1\u30e3\u30fc\u30c8\u3092\u63b2\u8f09\u3057\u3088\u3046\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2018-nikkei-225-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"746\" height=\"512\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2018-nikkei-225-chart.png\" alt=\"\" class=\"wp-image-19039\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2018-nikkei-225-chart.png 746w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2018-nikkei-225-chart-300x206.png 300w\" sizes=\"auto, (max-width: 746px) 100vw, 746px\" \/><\/a><\/figure>\n\n\n\n<p>9\u6708\u306e\u6700\u5f8c\u306e\u4e00\u5674\u304d\u304c\u306a\u3051\u308c\u30702018\u5e74\u3092\u901a\u3057\u3066\u4e0b\u843d\u3068\u3044\u3046\u3068\u3053\u308d\u3060\u308d\u3046\u304b\u3002\u4e0d\u81ea\u7136\u306a\u5674\u304d\u4e0a\u304c\u308a\u3067\u3042\u308a\u3001\u305d\u308c\u81ea\u4f53\u304c\u30d0\u30d6\u30eb\u306e\u7d42\u308f\u308a\u3092\u8c61\u5fb4\u3057\u3066\u3044\u305f\u306e\u3060\u304c\u3001\u91d1\u878d\u5e02\u5834\u306b\u306f\u3053\u3046\u3044\u3046\u52d5\u304d\u304c\u3042\u308b\u3082\u306e\u3067\u3042\u308b\u3002\u9a19\u3055\u308c\u3066\u305d\u3053\u3067\u7a7a\u58f2\u308a\u3092\u624b\u4ed5\u821e\u3063\u305f\u4eba\u306f\u707d\u96e3\u3060\u3063\u305f\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u5f53\u6642\u3001\u7b46\u8005\u306f\u6de1\u3005\u3068\u7a7a\u58f2\u308a\u3092\u7d9a\u3051\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7927\" data-type=\"post\" data-id=\"7927\">\u30d0\u30d6\u30eb\u306e\u9802\u70b9\u3067\u65e5\u7d4c\u5e73\u5747\u306f\u4e0a\u6607\u3001\u7a7a\u58f2\u308a\u3092\u6de1\u3005\u3068\u7d99\u7d9a (2018\/9\/20)<\/a><\/li><\/ul>\n\n\n\n<p>\u91cd\u8981\u306a\u306e\u306f\u5927\u5c40\u3092\u898b\u5931\u308f\u306a\u3044\u3053\u3068\u3067\u3042\u308b\u3002\u305d\u3046\u3067\u306a\u3051\u308c\u3070\u77ed\u671f\u7684\u306a\u5024\u52d5\u304d\u306b\u60d1\u308f\u3055\u308c\u3066\u3057\u307e\u3046\u3002 <\/p>\n\n\n\n<p>\u4e00\u65b9\u3067\u30c9\u30a4\u30c4\u306e\u682a\u4fa1\u6307\u6570\u3067\u3042\u308bDAX\u306f\u3001\u65e5\u7d4c\u5e73\u5747\u306e\u6700\u5f8c\u306e\u4e00\u5674\u304d\u304c\u306a\u3044\u30d0\u30fc\u30b8\u30e7\u30f3\u306e\u3088\u3046\u306b\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2018-dax-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"746\" height=\"512\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2018-dax-chart.png\" alt=\"\" class=\"wp-image-19042\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2018-dax-chart.png 746w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/01\/2018-dax-chart-300x206.png 300w\" sizes=\"auto, (max-width: 746px) 100vw, 746px\" \/><\/a><\/figure>\n\n\n\n<p>\u5e74\u9593\u901a\u3057\u3066\u306e\u4e0b\u843d\u3067\u3042\u308b\u3002\u7a7a\u58f2\u308a\u3057\u3066\u3044\u3066\u3082\u5b89\u5fc3\u3060\u308d\u3046\u3002\u3053\u308c\u3089\u306e\u5024\u52d5\u304d\u304b\u3089\u5b66\u3079\u308b\u3053\u3068\u306f\u3001\u30d0\u30d6\u30eb\u5d29\u58ca\u524d\u306b\u4e0b\u843d\u3059\u308b\u6307\u6570\u306f\u8907\u6570\u306b\u5206\u6563\u3057\u3066\u7a7a\u58f2\u308a\u3057\u3066\u304a\u304f\u3068\u3001\u77ed\u671f\u7684\u306a\u30a4\u30ec\u30ae\u30e5\u30e9\u30fc\u306b\u5de6\u53f3\u3055\u308c\u305a\u306b\u5229\u76ca\u3092\u4e0a\u3052\u3089\u308c\u308b\u3068\u3044\u3046\u3053\u3068\u3060\u308d\u3046\u304b\u3002\u5f53\u6642\u306e\u65e5\u7d4c\u5e73\u5747\u306e\u3088\u3046\u306a\u5024\u52d5\u304d\u304c\u5225\u306e\u30b1\u30fc\u30b9\u3067\u306f\u4ed6\u306e\u9298\u67c4\u306b\u8d77\u304d\u306a\u3044\u3068\u3082\u9650\u3089\u306a\u3044\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u3053\u306e\u8a18\u4e8b\u306f\u4ee5\u4e0b\u306e\u8a18\u4e8b\u306e\u88dc\u8db3\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18949\" data-type=\"post\" data-id=\"18949\">2022\u5e74\u306e\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306b\u6295\u8cc7\u3059\u308b\u65b9\u6cd5<\/a><\/li><\/ul>\n\n\n\n<p>\u30d0\u30d6\u30eb\u5d29\u58ca\u524d\u591c\u306b\u306f\u91d1\u878d\u5e02\u5834\u306f\u5b9f\u969b\u306b\u3069\u3046\u3044\u3046\u5024\u52d5\u304d\u3092\u3059\u308b\u306e\u304b\u306f\u3001\u3053\u306e\u3088\u3046\u306b\u5177\u4f53\u4f8b\u3092\u898b\u306a\u304c\u3089\u306e\u65b9\u304c\u7406\u89e3\u3057\u3084\u3059\u3044\u3060\u308d\u3046\u3002\u3053\u308c\u3092\u8e0f\u307e\u3048\u3066\u4e0a\u8a18\u306e\u8a18\u4e8b\u3092\u8aad\u3093\u3067\u3082\u3089\u3044\u305f\u3044\u3002<\/p>\n\n\n\n<p>\u3068\u3044\u3046\u304b\u3001\u3053\u3053\u6570\u65e5\u306e\u9593\u306b\u91d1\u878d\u5e02\u5834\u306e\u5024\u52d5\u304d\u304c2018\u5e74\u306e\u72b6\u6cc1\u306b\u4f3c\u3066\u304d\u305f\u306e\u3067\u306f\u306a\u3044\u304b\u3002Russell 2000\u306e\u73fe\u5728\u306e\u30c1\u30e3\u30fc\u30c8\u306a\u3069\u304b\u306a\u308a\u307e\u305a\u3044\u6c17\u304c\u3059\u308b\u306e\u3060\u304c\u3069\u3046\u3060\u308d\u3046\u304b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u30a2\u30e1\u30ea\u30ab\u3067\u7269\u4fa1\u9ad8\u9a30\u304c\u6b62\u307e\u3089\u305a\u3001Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306f\u30a4\u30f3\u30d5\u30ec\u3092\u6291\u3048\u308b\u307e\u3067\u6025\u901f\u306a\u5229\u4e0a\u3052\u3092\u4f59\u5100\u306a\u304f\u3055\u308c\u3066\u3044\u308b\u3002 \u91d1\u878d\u5e02\u5834\u3001\u4eca\u5e745\u56de\u4ee5\u4e0a\u306e\u5229\u4e0a\u3052\u3092\u7e54\u308a\u8fbc\u307f\u59cb\u3081\u308b\u3000\u682a\u5f0f\u5e02\u5834\u306f\u98a8\u524d\u306e\u706f\u706b \u3060\u304c\u30a4\u30f3\u30d5\u30ec\u304c\u6b62\u307e\u308b\u3088\u308a\u5148\u306b\u682a\u4fa1\u304c\u5229\u4e0a\u3052 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/19017\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">2018\u5e74\u306e\u4e16\u754c\u540c\u6642\u682a\u5b89\u3067\u306f\u4f55\u304b\u3089\u9806\u756a\u306b\u66b4\u843d\u3057\u305f\u304b\u3092\u632f\u308a\u8fd4\u308b<\/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":[118,59,30,111,14,108],"tags":[],"class_list":["post-19017","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-us-stock-market","category-european-stock-market","category-stock-markets","category-japanese-stock-market","category-bond-markets"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/19017","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=19017"}],"version-history":[{"count":41,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/19017\/revisions"}],"predecessor-version":[{"id":19061,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/19017\/revisions\/19061"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=19017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=19017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=19017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}