{"id":24667,"date":"2022-05-24T20:02:00","date_gmt":"2022-05-24T11:02:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=24667"},"modified":"2022-05-24T13:29:47","modified_gmt":"2022-05-24T04:29:47","slug":"%e3%83%9e%e3%82%a4%e3%83%8a%e3%83%bc%e3%83%89%e6%b0%8f%e3%80%81%e6%a0%aa%e4%be%a1%e3%81%ae%e7%9f%ad%e6%9c%9f%e4%b8%8a%e6%98%87%e4%ba%88%e6%83%b3%e3%82%92%e4%bf%ae%e6%ad%a3%e3%81%97%e5%bc%b1%e6%b0%97","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/24667","title":{"rendered":"\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u3001\u682a\u4fa1\u306e\u77ed\u671f\u4e0a\u6607\u4e88\u60f3\u3092\u4fee\u6b63\u3057\u5f31\u6c17\u8ee2\u63db"},"content":{"rendered":"\n<p>\u50b5\u5238\u6295\u8cc7\u5bb6\u306e\u30b9\u30b3\u30c3\u30c8\u30fb\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u304cCNBC\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3001\u73fe\u5728\u306e\u682a\u5b89\u76f8\u5834\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>2022\u5e74\u4e16\u754c\u540c\u6642\u682a\u5b89<\/strong><\/p>\n\n\n\n<p>Fed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u304c\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u306e\u305f\u3081\u306b\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3092\u7d9a\u3051\u3066\u3044\u308b\u4e2d\u3001\u682a\u5f0f\u5e02\u5834\u306f\u4e0b\u843d\u76f8\u5834\u306b\u3042\u308a\u3001\u3057\u304b\u3082\u5927\u3057\u305f\u53cd\u767a\u3082\u306a\u3044\u307e\u307e\u4e0b\u843d\u3092\u7d99\u7d9a\u3057\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\/05\/2022-5-24-s-and-p-500-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/05\/2022-5-24-s-and-p-500-chart.png\" alt=\"\" class=\"wp-image-24679\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/05\/2022-5-24-s-and-p-500-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/05\/2022-5-24-s-and-p-500-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" 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wp-block-quote-is-layout-flow\"><p>\u308f\u305f\u3057\u3082\u9a5a\u3044\u3066\u3044\u308b\u3002\u4e0b\u843d\u76f8\u5834\u306e\u306a\u304b\u306e\u53cd\u767a\u306f\u304b\u306a\u308a\u5f37\u529b\u306a\u3082\u306e\u306b\u306a\u308a\u3046\u308b\u306f\u305a\u306a\u306e\u3060\u304c\u3001Fed\u306e\u5f37\u786c\u59ff\u52e2\u3092\u8003\u3048\u3001\u682a\u4fa1\u306f\u5e95\u5024\u3092\u4ed8\u3051\u308b\u524d\u306b\u5e74\u672b\u307e\u3067\u306b\u3053\u3053\u304b\u3089\u66f4\u306b\u4e0b\u304c\u308b\u3068\u3044\u3046\u5f31\u6c17\u306e\u30e0\u30fc\u30c9\u3092\u5e02\u5834\u306f\u7d99\u7d9a\u3057\u3066\u3044\u308b\u3088\u3046\u3060\u3002<\/p><p>\u7406\u7531\u306fFed\u304c\u682a\u5f0f\u5e02\u5834\u3092\u652f\u3048\u306a\u3044\u3068\u3044\u3046\u59ff\u52e2\u3092\u660e\u78ba\u306b\u3057\u305f\u304b\u3089\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n\n\n\n<p>\u524d\u56de\u306e\u8a18\u4e8b\u3067\u306f\u30be\u30eb\u30bf\u30f3\u30fb\u30dd\u30ba\u30b5\u30fc\u6c0f\u306e\u300c\u4e2d\u592e\u9280\u884c\u306f\u682a\u5b89\u3092\u76ee\u6a19\u3068\u3057\u3066\u3044\u308b\u300d\u3068\u3044\u3046\u898b\u89e3\u3092\u7d39\u4ecb\u3057\u305f\u3002\u682a\u5b89\u306b\u306a\u3089\u306a\u3051\u308c\u3070\u30c7\u30d5\u30ec\u306b\u306a\u3089\u306a\u3044\u304b\u3089\u3060\u304c\u3001\u305d\u306e\u898b\u65b9\u304c\u4e00\u822c\u7684\u306b\u306a\u308a\u3064\u3064\u3042\u308b\u306e\u304b\u3082\u3057\u308c\u306a\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/24609\" data-type=\"post\" data-id=\"24609\">\u30dd\u30ba\u30b5\u30fc\u6c0f: \u7c73\u56fd\u682a\u66b4\u843d\u3067\u30b3\u30ed\u30ca\u682a\u5b89\u6642\u306e\u5e95\u5024\u306b\u9006\u623b\u308a\u3059\u308b\u53ef\u80fd\u6027<\/a><\/li><\/ul>\n\n\n\n<p>\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u7d39\u4ecb\u3057\u305f\u3088\u3046\u306b\u3001\u4e8b\u5b9f\u3001\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u3082\u300c\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u306e\u3088\u3046\u306a\u3082\u306e\u306a\u3089\u53ef\u80fd\u300d\u3068\u3044\u3046\u5fae\u5999\u306a\u898b\u89e3\u3092\u793a\u3057\u3066\u304a\u308a\u3001\u91d1\u878d\u5f15\u304d\u7de0\u3081\u304c\u7d4c\u6e08\u306b\u30c0\u30e1\u30fc\u30b8\u3092\u4e0e\u3048\u3056\u308b\u3092\u5f97\u306a\u3044\u3053\u3068\u3092\u6697\u306b\u8a8d\u3081\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/24193\" data-type=\"post\" data-id=\"24193\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u30a2\u30e1\u30ea\u30ab\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3067\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u306f\u7121\u7406<\/a><\/li><\/ul>\n\n\n\n<p>\u305d\u308c\u304c\u5206\u304b\u3063\u3066\u3044\u306a\u3044\u306e\u306f\u4e00\u90e8\u306e\u500b\u4eba\u6295\u8cc7\u5bb6\u3060\u3051\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u306f\u53ef\u80fd\u304b<\/strong><\/p>\n\n\n\n<p>\u679c\u305f\u3057\u3066\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u306f\u53ef\u80fd\u306a\u306e\u3060\u308d\u3046\u304b\u3002\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306f\u4eca\u3084\u304a\u99b4\u67d3\u307f\u3068\u306a\u3063\u305f\u3053\u306e\u8cea\u554f\u3092\u3055\u308c\u3001\u304a\u99b4\u67d3\u307f\u306e\u7b54\u3048\u3092\u8fd4\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u7121\u7406\u3060\u308d\u3046\u3002Fed\u306f\u4e2d\u7acb\u91d1\u5229\u304c\u4eca\u306e\u6c34\u6e96\u3088\u308a\u3082\u304b\u306a\u308a\u9ad8\u3044\u3068\u5f37\u304f\u4fe1\u3058\u3066\u3044\u308b\u3002<\/p><p>\u308f\u308c\u308f\u308c\u306e\u7814\u7a76\u306b\u3088\u308b\u3068\u3001\u4e2d\u7acb\u91d1\u5229\u306f\u590f\u9803\u306b\u304b\u3051\u3066\u6025\u6fc0\u306b\u4e0b\u304c\u308b\u3068\u4e88\u60f3\u3055\u308c\u3001\u4eca\u5e74\u306e\u5f8c\u534a\u306b\u5dee\u3057\u639b\u304b\u308b\u9803\u306b\u306f\u653f\u7b56\u91d1\u5229\u306f1.75%\u8fd1\u8fba\u304c\u9069\u5207\u306b\u306a\u308b\u3060\u308d\u3046\u3002<\/p><p>\u3060\u304cFed\u306f0.5%\u5229\u4e0a\u3052\u30922\u56de\u3059\u308b\u3068\u516c\u8a00\u3057\u3066\u3044\u308b\u304b\u3089\u3001\u305d\u306e\u6c34\u6e96\u306b\u306f7\u6708\u306b\u306f\u5230\u9054\u3059\u308b\u3060\u308d\u3046\u3057\u3001\u3057\u304b\u3082\u4e2d\u7acb\u91d1\u5229\u306f\u66f4\u306b\u9ad8\u3044\u3068\u5f7c\u3089\u306f\u8003\u3048\u3066\u3044\u308b\u3002<\/p><p>\u3060\u304b\u3089Fed\u306f\u3084\u308a\u904e\u304e\u3001\u7d4c\u6e08\u306f\u5f31\u307e\u3063\u3066\u3086\u304f\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n\n\n\n<p>\u8208\u5473\u6df1\u3044\u306e\u306f\u3001\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u304c1.75%\u3092\u7d4c\u6e08\u306b\u597d\u5f71\u97ff\u3082\u60aa\u5f71\u97ff\u3082\u4e0e\u3048\u306a\u3044\u4e2d\u7acb\u6c34\u6e96\u3060\u3068\u8003\u3048\u3066\u3044\u308b\u3053\u3068\u3060\u3002<\/p>\n\n\n\n<p>\u73fe\u5728\u306e\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f8%\u3092\u8d85\u3048\u3066\u304a\u308a\u30018%\u306b\u6bd4\u3079\u308c\u30701.75%\u306f\u304b\u306a\u308a\u4f4e\u304f\u3001\u305d\u308c\u5358\u4f53\u3067\u30a4\u30f3\u30d5\u30ec\u3092\u6291\u5236\u3067\u304d\u308b\u3068\u306f\u8003\u3048\u304c\u305f\u3044\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u682a\u5f0f\u5e02\u5834\u306b\u306f\u5341\u5206\u60aa\u5f71\u97ff\u3092\u4e0e\u3048\u3066\u3057\u307e\u3046\u6c34\u6e96\u306a\u306e\u3067\u3001\u307e\u305a\u682a\u4fa1\u304c\u4e0b\u843d\u3057\u305d\u308c\u304c\u30a4\u30f3\u30d5\u30ec\u7387\u306b\u4e0b\u65b9\u5727\u529b\u3092\u52a0\u3048\u308b\u3068\u3044\u3046\u9806\u756a\u306b\u306a\u3089\u3056\u308b\u3092\u5f97\u306a\u3044\u3002\u30dd\u30ba\u30b5\u30fc\u6c0f\u306e\u8ad6\u7406\u5c55\u958b\u304c\u601d\u3044\u51fa\u3055\u308c\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/24609\" data-type=\"post\" data-id=\"24609\">\u30dd\u30ba\u30b5\u30fc\u6c0f: \u7c73\u56fd\u682a\u66b4\u843d\u3067\u30b3\u30ed\u30ca\u682a\u5b89\u6642\u306e\u5e95\u5024\u306b\u9006\u623b\u308a\u3059\u308b\u53ef\u80fd\u6027<\/a><\/li><\/ul>\n\n\n\n<p><strong>\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306e\u5f31\u6c17\u8ee2\u63db<\/strong><\/p>\n\n\n\n<p>\u3060\u304c\u3001\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306e\u3042\u307e\u308a\u306e\u5f31\u6c17\u4e88\u60f3\u306b\u9a5a\u3044\u305f\u4eba\u3082\u3044\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3002\u4f55\u6545\u306a\u3089\u3070\u3001\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306f4\u6708\u306b\u672c\u683c\u7684\u306a\u5e02\u5834\u66b4\u843d\u307e\u3067\u306b\u306f\u307e\u3060\u7336\u4e88\u304c\u3042\u308b\u3068\u767a\u8868\u3057\u3066\u3044\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\/23127\" data-type=\"post\" data-id=\"23127\">\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f: \u7c73\u56fd\u682a\u306f\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3067\u4e0b\u843d\u3059\u308b\u524d\u306b\u307e\u3060\u4e0a\u304c\u308b (2022\/4\/16)<\/a><\/li><\/ul>\n\n\n\n<p>\u53f8\u4f1a\u306b\u305d\u308c\u3092\u7a81\u304b\u308c\u3001\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306f\u5f31\u6c17\u8ee2\u63db\u3057\u305f\u3053\u3068\u3092\u8a8d\u3081\u305f\u3002\u305d\u306e\u7406\u7531\u306f\u4f55\u3060\u3063\u305f\u304b\u3068\u8a00\u3048\u3070\u3001\u4e2d\u592e\u9280\u884c\u5bb6\u305f\u3061\u306e\u8a71\u3092\u76f4\u63a5\u805e\u3044\u305f\u3053\u3068\u3060\u3063\u305f\u3068\u3044\u3046\u3002<\/p>\n\n\n\n<p>\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8aac\u660e\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u30d5\u30fc\u30d0\u30fc\u7814\u7a76\u6240\u3067\u4e2d\u592e\u9280\u884c\u5bb6\u306e\u4f1a\u5408\u306b\u53c2\u52a0\u3059\u308b\u6a5f\u4f1a\u304c\u3042\u3063\u305f\u3002\u8208\u5473\u6df1\u304b\u3063\u305f\u306e\u306f\u3001\u4e2d\u592e\u9280\u884c\u5bb6\u305f\u3061\u304c\u3069\u308c\u307b\u3069\u30a4\u30f3\u30d5\u30ec\u3092\u6182\u616e\u3057\u3066\u3044\u308b\u304b\u3001\u4e2d\u7acb\u91d1\u5229\u304c\u3069\u308c\u307b\u3069\u9ad8\u3044\u3068\u601d\u3063\u3066\u3044\u308b\u304b\u3001\u30a4\u30f3\u30d5\u30ec\u3092\u5236\u5fa1\u3059\u308b\u305f\u3081\u306b\u3069\u308c\u3060\u3051\u91d1\u5229\u3092\u4e0a\u3052\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u304b\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u305f\u3053\u3068\u3060\u3002<\/p><p>\u5f7c\u3089\u306f\u91d1\u878d\u5e02\u5834\u304c\u672c\u5f53\u306e\u30d1\u30cb\u30c3\u30af\u72b6\u614b\u306b\u306f\u306a\u3063\u3066\u3044\u306a\u3044\u3068\u611f\u3058\u3066\u3044\u308b\u3088\u3046\u3067\u3001\u91d1\u878d\u30b7\u30b9\u30c6\u30e0\u306b\u3068\u3063\u3066\u672c\u5f53\u306b\u8105\u5a01\u306b\u306a\u308b\u3088\u3046\u306a\u4f55\u304b\u304c\u8d77\u304d\u306a\u3044\u9650\u308a\u3001\u5f7c\u3089\u304c\u79e9\u5e8f\u3042\u308b\u682a\u5b89\u3060\u3068\u5224\u65ad\u3059\u308b\u9650\u308a\u306f\u3001\u682a\u4fa1\u306e\u4e0b\u843d\u3092\u304b\u306a\u308a\u51b7\u9759\u306b\u898b\u3066\u3044\u308b\u3088\u3046\u3060\u3063\u305f\u3002<\/p><\/blockquote>\n\n\n\n<p>\u682a\u5f0f\u5e02\u5834\u309240\u5e74\u9593\u652f\u3048\u3066\u304d\u305f\u91d1\u878d\u7de9\u548c\u304c\u3082\u3046\u5b58\u5728\u3057\u306a\u3044\u3053\u3068\u3092\u76f4\u63a5\u8a71\u3092\u805e\u3044\u3066\u5b9f\u611f\u3057\u305f\u306e\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/24577\" data-type=\"post\" data-id=\"24577\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9: 40\u5e74\u7d9a\u3044\u305f\u7c73\u56fd\u682a\u5f37\u6c17\u76f8\u5834\u304c\u5d29\u58ca\u3059\u308b<\/a><\/li><\/ul>\n\n\n\n<p><strong>\u65e9\u304b\u3063\u305f\u4e0b\u843d\u958b\u59cb<\/strong><\/p>\n\n\n\n<p>\u7b46\u8005\u306f\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u3089\u306e\u77ed\u671f\u5f37\u6c17\u4e88\u60f3\u3092\u61d0\u7591\u7684\u306b\u898b\u3066\u306f\u3044\u305f\u3082\u306e\u306e\u3001\u682a\u5f0f\u5e02\u5834\u306e\u5929\u4e95\u304c\u4e88\u60f3\u3059\u308b\u3088\u308a\u3082\u65e9\u304b\u3063\u305f\u3053\u3068\u306f\u4e8b\u5b9f\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u53bb\u5e74\u306e\u6bb5\u968e\u3067\u306f\u3001\u7b46\u8005\u3082\u542b\u3081\u3066Fed\u304c0.75%\uff08\u4e01\u5ea6\u73fe\u5728\u306e\u6c34\u6e96\u3067\u3042\u308b\uff09\u8fba\u308a\u307e\u3067\u5229\u4e0a\u3052\u3059\u308b\u3068\u3053\u308d\u304c\u682a\u5f0f\u5e02\u5834\u306e\u5929\u4e95\u3067\u306f\u306a\u3044\u304b\u3068\u3044\u3046\u610f\u898b\u304c\u591a\u304b\u3063\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/17915\" data-type=\"post\" data-id=\"17915\">\u30b5\u30de\u30fc\u30ba\u6c0f: \u5e02\u5834\u3092\u6025\u843d\u3055\u305b\u3066\u30824\u56de\u306e\u5229\u4e0a\u3052\u304c\u5fc5\u8981<\/a><\/li><\/ul>\n\n\n\n<p>\u5b9f\u969b\u306b2018\u5e74\u306b\u306f\u4e16\u754c\u540c\u6642\u682a\u5b89\u304c\u8d77\u304d\u308b\u307e\u3067\u3001\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306f9\u56de\u306e\u5229\u4e0a\u3052\u306b\u8010\u3048\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u30893\u56de\u7a0b\u5ea6\u306e\u5229\u4e0a\u3052\u3067\u682a\u4fa1\u304c\u5d29\u58ca\u3059\u308b\u3068\u3044\u3046\u610f\u898b\u3082\u3001\u53bb\u5e74\u306e\u6bb5\u968e\u3067\u306f\u304b\u306a\u308a\u306e\u5f31\u6c17\u4e88\u60f3\u3060\u3063\u305f\u3002\u3060\u304c\u5b9f\u969b\u306b\u306f\u682a\u5f0f\u5e02\u5834\u306f3\u6708\u306e\u5229\u4e0a\u3052\u958b\u59cb\u3092\u5f85\u305f\u305a\u306b\u5929\u4e95\u3092\u4ed8\u3051\u305f\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/05\/2022-5-24-s-and-p-500-chart-1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/05\/2022-5-24-s-and-p-500-chart-1.png\" alt=\"\" class=\"wp-image-24701\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/05\/2022-5-24-s-and-p-500-chart-1.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/05\/2022-5-24-s-and-p-500-chart-1-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u30b3\u30ed\u30ca\u5f8c\u306e\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306e\u8106\u5f31\u3055\u3092\u304b\u306a\u308a\u9855\u8457\u306b\u793a\u3057\u3066\u3044\u308b\u3068\u8a00\u3048\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u3055\u3066\u3001\u7b46\u8005\u3082\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u307b\u3069\u3067\u306f\u306a\u3044\u304c\u682a\u5b89\u307e\u3067\u3082\u3046\u5c11\u3057\u7336\u4e88\u304c\u3042\u308b\u3068\u601d\u3063\u3066\u3044\u305f\u4e00\u65b9\u3067\u3001\u5b9f\u969b\u306b\u7a7a\u58f2\u308a\u3092\u958b\u59cb\u3057\u305f\u30bf\u30a4\u30df\u30f3\u30b0\u306f1\u6708\u306e\u4ee5\u4e0b\u306e\u8a18\u4e8b\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 (2022\/1\/20)<\/a><\/li><\/ul>\n\n\n\n<p>\u4f55\u6545\u5929\u4e95\u307e\u3067\u307e\u3060\u591a\u5c11\u306e\u6642\u9593\u304c\u3042\u308b\u3068\u601d\u3044\u306a\u304c\u3089\u7a7a\u58f2\u308a\u3092\u958b\u59cb\u3067\u304d\u305f\u304b\u3060\u304c\u3001\u305d\u308c\u306fS&amp;P 500\u3067\u306f\u306a\u304f\u3001\u5c0f\u578b\u682a\u6307\u6570\u306eRussell 2000\u3092\u7a7a\u58f2\u308a\u5bfe\u8c61\u3068\u3057\u305f\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3053\u3053\u3067\u306f\u4f55\u5ea6\u3082\u8ff0\u3079\u3066\u3044\u308b\u3088\u3046\u306b\u3001\u5c0f\u578b\u682a\u306f\u5927\u578b\u682a\u3088\u308a\u5148\u306b\u5929\u4e95\u3092\u4ed8\u3051\u3001\u982d\u6253\u3061\u306b\u306a\u308b\u3053\u3068\u304c\u591a\u304f\u3001\u66f4\u306b\u8fb2\u4f5c\u7269\u306a\u3069\u306e\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u3092\u8cb7\u3044\u6301\u3061\u306b\u3057\u305f\u3053\u3068\u3067\u3001\u30a4\u30f3\u30d5\u30ec\u304c\u7d9a\u304d\u682a\u4fa1\u304c\u3042\u308b\u7a0b\u5ea6\u4e0a\u304c\u308a\u7d9a\u3051\u305f\u5834\u5408\u306b\u3082\u30ea\u30b9\u30af\u3092\u8efd\u6e1b\u3067\u304d\u308b\u3068\u5224\u65ad\u3057\u305f\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u4eee\u306bS&amp;P 500\u304c\u3042\u308b\u7a0b\u5ea6\u4e0a\u304c\u308a\u7d9a\u3051\u305f\u5834\u5408\u306b\u3082\u3001\u305d\u306e\u30c8\u30ec\u30fc\u30c9\u65b9\u6cd5\u306a\u3089\u5229\u76ca\u304c\u51fa\u308b\u304b\u3001\u4e00\u5b9a\u671f\u9593\u542b\u307f\u640d\u306b\u306a\u3063\u3066\u3082\u50b7\u306f\u5c0f\u3055\u3044\u3068\u5224\u65ad\u3067\u304d\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3053\u306e\u3088\u3046\u306b\u3001\u682a\u4fa1\u306e\u5929\u4e95\u3092\u30d4\u30f3\u30dd\u30a4\u30f3\u30c8\u3067\u5f53\u3066\u308b\u3053\u3068\u306f\u30d7\u30ed\u306e\u6295\u8cc7\u5bb6\u306b\u3082\u975e\u5e38\u306b\u56f0\u96e3\u3067\u3042\u308b\u3002\u5b9f\u969b\u30012018\u5e74\u306e\u4e16\u754c\u540c\u6642\u682a\u5b89\u306e\u3068\u304d\u3082\u3001\u7b46\u8005\u304c\u7a7a\u58f2\u308a\u3092\u958b\u59cb\u3057\u305f\u306e\u306f\u5929\u4e95\u306e\u6570\u9031\u9593\u524d\u3067\u3042\u308a\u3001\u30d4\u30f3\u30dd\u30a4\u30f3\u30c8\u3067\u306f\u306a\u3044\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>\u3060\u304c\u7a7a\u58f2\u308a\u5bfe\u8c61\u3092\u5de5\u592b\u3059\u308b\u306a\u3069\u306e\u30c8\u30ec\u30fc\u30c9\u6280\u8853\u306b\u3088\u3063\u3066\u305d\u308c\u3092\u88dc\u3046\u3053\u3068\u304c\u3067\u304d\u308b\u3002\u4eca\u56de\u306b\u3064\u3044\u3066\u306f\u3001\u305d\u3053\u304c\u7b46\u8005\u3068\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u306e\u5dee\u3060\u3063\u305f\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u6295\u8cc7\u3068\u306f\u672c\u5f53\u306b\u96e3\u3057\u3044\u3082\u306e\u3067\u3042\u308b\u3002\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u3092\u8cb7\u3044\u6301\u3061\u306b\u3057\u3066\u5bb6\u3067\u5bdd\u3066\u3044\u308b\u3060\u3051\u3067\u304a\u91d1\u3092\u5132\u3051\u3089\u308c\u308b\u3068\u601d\u3063\u3066\u3044\u308b\u4eba\u306b\u306f\u3001\u91d1\u878d\u5e02\u5834\u3067\u5229\u76ca\u3092\u4e0a\u3052\u308b\u305f\u3081\u306b\u30d7\u30ed\u304c\u3069\u308c\u3060\u3051\u5168\u529b\u3092\u5c3d\u304f\u3057\u3066\u3044\u308b\u306e\u304b\u3068\u3044\u3046\u73fe\u5b9f\u3092\u304a\u4f1d\u3048\u3057\u305f\u3044\u3002\u304a\u91d1\u306f\u964d\u3063\u3066\u3053\u306a\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/24460\" data-type=\"post\" data-id=\"24460\">2022\u5e74\u30a4\u30f3\u30d5\u30ec\u682a\u4fa1\u66b4\u843d\u306f\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u5168\u54e1\u9000\u5834\u3059\u308b\u307e\u3067\u7d9a\u304f<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u50b5\u5238\u6295\u8cc7\u5bb6\u306e\u30b9\u30b3\u30c3\u30c8\u30fb\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u304cCNBC\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3001\u73fe\u5728\u306e\u682a\u5b89\u76f8\u5834\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":[118,59,111,108],"tags":[168],"class_list":["post-24667","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-us-stock-market","category-stock-markets","category-bond-markets","tag-scott-minerd"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/24667","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=24667"}],"version-history":[{"count":53,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/24667\/revisions"}],"predecessor-version":[{"id":24722,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/24667\/revisions\/24722"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=24667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=24667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=24667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}