{"id":27170,"date":"2022-08-16T20:03:00","date_gmt":"2022-08-16T11:03:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=27170"},"modified":"2022-08-16T17:46:09","modified_gmt":"2022-08-16T08:46:09","slug":"%e3%83%89%e3%83%a9%e3%83%83%e3%82%b1%e3%83%b3%e3%83%9f%e3%83%a9%e3%83%bc%e6%b0%8f%e3%80%81%e7%b1%b3%e5%9b%bd%e6%a0%aa%e8%b2%b7%e3%81%84%e3%83%9d%e3%82%b8%e3%82%b7%e3%83%a7%e3%83%b3%e3%82%92%e5%b9%b4","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/27170","title":{"rendered":"\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3001\u7c73\u56fd\u682a\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u5e74\u59cb\u304b\u3089\u534a\u5206\u306b\u7e2e\u5c0f\u3001\u5f31\u6c17\u7d99\u7d9a\u304b"},"content":{"rendered":"\n<p>\u5f15\u304d\u7d9a\u304d\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u7c73\u56fd\u682a\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u958b\u793a\u3059\u308bForm 13F\u3067\u3042\u308b\u3002\u3053\u308c\u307e\u3067\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u3068\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u5831\u3058\u305f\u304c\u3001\u4eca\u56de\u306f\u30bd\u30ed\u30b9\u6c0f\u306e\u5f1f\u5b50\u306b\u3042\u305f\u308b\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306eDuquesne Family Office\u306b\u3064\u3044\u3066\u5831\u3058\u305f\u3044\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u76f8\u5834\u89b3<\/strong><\/p>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u30bd\u30ed\u30b9\u6c0f\u306e\u30af\u30a9\u30f3\u30bf\u30e0\u30fb\u30d5\u30a1\u30f3\u30c9\u3092\u7387\u3044\u305f\u3053\u3068\u3067\u6709\u540d\u3067\u3042\u308a\u3001\u30c9\u30c3\u30c8\u30b3\u30e0\u30fb\u30d0\u30d6\u30eb\u3067\u5de8\u984d\u306e\u640d\u5931\u3092\u51fa\u3057\u3066\u9000\u8077\u3059\u308b\u307e\u3067\u6bce\u5e74\u9a5a\u7570\u7684\u306a\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3092\u4e0a\u3052\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/26183\" data-type=\"post\" data-id=\"26183\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3001\u30c9\u30c3\u30c8\u30b3\u30e0\u30d0\u30d6\u30eb\u5d29\u58ca\u3067\u5927\u640d\u3057\u3066\u30af\u30a9\u30f3\u30bf\u30e0\u30fb\u30d5\u30a1\u30f3\u30c9\u3092\u8f9e\u3081\u308b\u7fbd\u76ee\u306b\u306a\u3063\u305f\u6642\u306e\u3053\u3068\u3092\u8a9e\u308b<\/a><\/li><\/ul>\n\n\n\n<p>\u305d\u3057\u3066\u4eca\u5e74\u306f\u30c0\u30ea\u30aa\u6c0f\u3001\u30bd\u30ed\u30b9\u6c0f\u3068\u540c\u3058\u304f\u3001\u5e74\u59cb\u304b\u3089\u306e\u682a\u5b89\u3092\u4e88\u60f3\u3057\u3066\u7a7a\u58f2\u308a\u3067\u5927\u304d\u304f\u5229\u76ca\u3092\u4e0a\u3052\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/26110\" data-type=\"post\" data-id=\"26110\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3001\u30a4\u30f3\u30d5\u30ec\u66b4\u843d\u76f8\u5834\u3067\u534a\u5e74\u306732%\u306e\u7206\u76ca<\/a><\/li><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/24390\" data-type=\"post\" data-id=\"24390\">\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u3001\u30a4\u30f3\u30d5\u30ec\u682a\u4fa1\u66b4\u843d\u3067\u7c73\u56fd\u682a\u7a7a\u58f2\u308a\u3092\u5927\u5e45\u62e1\u5927<\/a><\/li><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/25236\" data-type=\"post\" data-id=\"25236\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3001\u682a\u5f0f\u3068\u50b5\u5238\u3092\u5927\u91cf\u7a7a\u58f2\u308a\u306b\u6210\u529f\u3000\u682a\u5b89\u306f\u7d9a\u304f<\/a><\/li><\/ul>\n\n\n\n<p>\u3060\u304c\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f6\u6708\u6642\u70b9\u3067\u7a7a\u58f2\u308a\u3092\u4e00\u6642\u4f11\u6b62\u3057\u3001\u7a7a\u58f2\u308a\u518d\u958b\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u3092\u63a2\u308b\u3068\u3057\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<p><strong>\u7c73\u56fd\u682a\u306e\u8cb7\u3044\u3092\u5927\u5e45\u6e1b\u984d<\/strong><\/p>\n\n\n\n<p>\u3055\u3066\u3001\u4eca\u56de\u306eForm 13F\u306f6\u6708\u672b\u6642\u70b9\u3067\u306e\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3067\u3042\u308b\u3002Form 13F\u306f\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u3060\u3051\u3092\u958b\u793a\u3059\u308b\u306e\u3067\u7a7a\u58f2\u308a\u30dd\u30b8\u30b7\u30e7\u30f3\u306f\u63b2\u8f09\u3055\u308c\u306a\u3044\u304c\u3001\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u3060\u3051\u304b\u3089\u3067\u3082\u76f8\u5834\u3078\u306e\u614b\u5ea6\u3092\u8aad\u307f\u53d6\u308b\u3053\u3068\u306f\u3067\u304d\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u307e\u305a\u306fForm 13F\u306b\u63b2\u8f09\u3055\u308c\u3066\u3044\u308b\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u306e\u7dcf\u984d\u306e\u63a8\u79fb\u3092\u63b2\u8f09\u3057\u305f\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>2021\u5e7412\u6708\u672b:<\/strong> 28\u5104\u30c9\u30eb<\/li><li><strong>2022\u5e743\u6708\u672b:<\/strong> 23\u5104\u30c9\u30eb<\/li><li><strong>2022\u5e746\u6708\u672b:<\/strong> 14\u5104\u30c9\u30eb<\/li><\/ul>\n\n\n\n<p>3\u6708\u672b\u6642\u70b9\u3067\u3082\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u306f\u6e1b\u3089\u3055\u308c\u3066\u3044\u305f\u304c\u3001\u4eca\u56de\u66f4\u306b\u6e1b\u984d\u3055\u308c\u3001\u5e74\u672b\u6642\u70b9\u3068\u8f03\u3079\u3066\u534a\u5206\u306b\u307e\u3067\u6e1b\u3063\u3066\u3044\u308b\u3002\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306f2021\u5e74\u306b\u306f39\u5104\u30c9\u30eb\u307e\u3067\u81a8\u3089\u3093\u3067\u3044\u305f\u3053\u3068\u3082\u3042\u308b\u3053\u3068\u3092\u8003\u3048\u308b\u3068\u3001\u4eca\u56de\u306e14\u5104\u30c9\u30eb\u304c\u3069\u308c\u3060\u3051\u5c11\u306a\u3044\u304b\u304c\u5206\u304b\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30cf\u30a4\u30c6\u30af\u682a\u3092\u624b\u4ed5\u821e\u3044<\/strong><\/p>\n\n\n\n<p>\u3067\u306f\u500b\u5225\u682a\u30dd\u30b8\u30b7\u30e7\u30f3\u306f\u3069\u3046\u306a\u3063\u3066\u3044\u308b\u3060\u308d\u3046\u304b\u3002<\/p>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f2021\u5e74\u306b\u306f\u30cf\u30a4\u30c6\u30af\u682a\u3092\u5927\u3044\u306b\u8cb7\u3063\u3066\u304a\u308a\u3001\u4eca\u5e74\u3082\u4e3b\u8981\u30dd\u30b8\u30b7\u30e7\u30f3\u306e\u591a\u304f\u306f\u30cf\u30a4\u30c6\u30af\u682a\u3060\u3063\u305f\u304c\u3001\u4f8b\u3048\u3070\u4eca\u56deMicrosoft\u306f\u682a\u6570\u309227%\u6e1b\u3089\u3055\u308c1.9\u5104\u30c9\u30eb\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u306b\u7e2e\u5c0f\u3055\u308c\u3066\u3044\u308b\u3002Microsoft\u306e\u682a\u4fa1\u306f\u6b21\u306e\u3088\u3046\u306b\u63a8\u79fb\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\/08\/2022-8-16-microsoft-nasdaq-msft-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/08\/2022-8-16-microsoft-nasdaq-msft-chart.png\" alt=\"\" class=\"wp-image-27177\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/08\/2022-8-16-microsoft-nasdaq-msft-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/08\/2022-8-16-microsoft-nasdaq-msft-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u91d1\u5229\u4e0a\u6607\u3092\u5acc\u3063\u3066\u9577\u3089\u304f\u4e0b\u3052\u7d9a\u3051\u3066\u3044\u305f\u30cf\u30a4\u30c6\u30af\u682a\u306f\u3001\u91d1\u5229\u4e0a\u6607\u304c\u6b62\u307e\u3063\u305f\u3053\u3068\u306b\u3088\u3063\u30666\u6708\u672b\u4ee5\u964d\u53cd\u767a\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u307e\u305f\u3001\u4ed6\u306b\u898f\u6a21\u306e\u5927\u304d\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u3060\u3063\u305f\u306e\u306fAmazon.com\u3067\u30013\u6708\u672b\u6642\u70b9\u3067\u306f2.0\u5104\u30c9\u30eb\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u3060\u3063\u305f\u304c\u3001\u3053\u3061\u3089\u306f\u5168\u682a\u58f2\u5374\u3057\u3066\u624b\u4ed5\u821e\u3044\u3068\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>Amazon.com\u306e\u682a\u4fa1\u306f\u6b21\u306e\u3088\u3046\u306b\u63a8\u79fb\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\/08\/2022-8-16-amazon-com-nasdaq-amzn-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/08\/2022-8-16-amazon-com-nasdaq-amzn-chart.png\" alt=\"\" class=\"wp-image-27178\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/08\/2022-8-16-amazon-com-nasdaq-amzn-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/08\/2022-8-16-amazon-com-nasdaq-amzn-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u3053\u3061\u3089\u3082\u305d\u306e\u5f8c\u4e0a\u304c\u3063\u3066\u3044\u308b\u3002\u3057\u304b\u3082Amazon.com\u3068\u8a00\u3048\u3070\u3001\u5e2b\u5320\u3067\u3042\u308b\u30bd\u30ed\u30b9\u6c0f\u304c\u8cb7\u3044\u5897\u3057\u305f\u9298\u67c4\u7b46\u982d\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/27109\" data-type=\"post\" data-id=\"27109\">\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u306e\u541b\u5b50\u8c79\u5909\u3001\u30cf\u30a4\u30c6\u30af\u682a\u7a7a\u58f2\u308a\u304b\u3089\u5927\u5e45\u8cb7\u3044\u306b\u5927\u8ee2\u63db<\/a><\/li><\/ul>\n\n\n\n<p>\u30cf\u30a4\u30c6\u30af\u682a\u306e\u547d\u904b\u3092\u6c7a\u3081\u3066\u3044\u305f\u91d1\u5229\u306e\u52d5\u304d\u3092\u6a5f\u654f\u306b\u5bdf\u77e5\u3057\u3001\u7a7a\u58f2\u308a\u304b\u3089\u8cb7\u3044\u306b\u8ee2\u3058\u305f\u30bd\u30ed\u30b9\u6c0f\u3068\u6bd4\u3079\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u5358\u306b\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u304b\u3089\u4e00\u8cab\u3057\u3066\u64a4\u9000\u3057\u3066\u3044\u308b\u3002\u5c11\u306a\u304f\u3068\u3082\u3053\u3053\u6570\u30f6\u6708\u306e\u52d5\u304d\u306b\u95a2\u3057\u3066\u306f\u3001\u5e2b\u3067\u3042\u308b\u30bd\u30ed\u30b9\u6c0f\u306b\u8ecd\u914d\u304c\u4e0a\u304c\u3063\u305f\u3068\u306f\u8a00\u3048\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u307e\u305f\u3001\u9577\u3089\u304f\u6700\u5927\u30dd\u30b8\u30b7\u30e7\u30f3\u3068\u306a\u3063\u3066\u3044\u305f\u3001\u97d3\u56fd\u306eAmazon.com\u3068\u547c\u3070\u308c\u308bCoupang\uff08\u7c73\u56fd\u306b\u4e0a\u5834\u3057\u3066\u3044\u308b\uff09\u306b\u3064\u3044\u3066\u306f\u682a\u6570\u3092\u7dad\u6301\u3057\u30662.5\u5104\u30c9\u30eb\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u3068\u306a\u3063\u3066\u3044\u308b\u3002Coupang\u306e\u682a\u4fa1\u306f\u6b21\u306e\u3088\u3046\u306b\u63a8\u79fb\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\/08\/2022-8-16-coupang-nasdaq-cpng-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/08\/2022-8-16-coupang-nasdaq-cpng-chart.png\" alt=\"\" class=\"wp-image-27181\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/08\/2022-8-16-coupang-nasdaq-cpng-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/08\/2022-8-16-coupang-nasdaq-cpng-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u4ed6\u306b\u7279\u7b46\u3059\u3079\u304d\u30dd\u30b8\u30b7\u30e7\u30f3\u3068\u3057\u3066\u306f\u3001\u9285\u306a\u3069\u306e\u751f\u7523\u3067\u6709\u540d\u306aFreeport McMoRan\u3060\u308d\u3046\u304b\u3002\u3053\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u308233%\u58f2\u5374\u3055\u308c\u30010.9\u5104\u30c9\u30eb\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u306b\u7e2e\u5c0f\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>Freeport McMoRan\u306e\u682a\u4fa1\u306f\u6b21\u306e\u3088\u3046\u306b\u63a8\u79fb\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\/08\/2022-8-16-freeport-mcmoran-nyse-fcx-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"618\" height=\"406\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/08\/2022-8-16-freeport-mcmoran-nyse-fcx-chart.png\" alt=\"\" class=\"wp-image-27182\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/08\/2022-8-16-freeport-mcmoran-nyse-fcx-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/08\/2022-8-16-freeport-mcmoran-nyse-fcx-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u660e\u3089\u304b\u306b\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u306f\u826f\u304f\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u3061\u306a\u307f\u306b\u9285\u306f\u4e3b\u306b\u4e2d\u56fd\u306e\u5efa\u8a2d\u696d\u754c\u3067\u6d88\u8cbb\u3055\u308c\u3066\u3044\u308b\u305f\u3081\u3001\u7b46\u8005\u304c\u9577\u3089\u304f\u7a7a\u58f2\u308a\u5bfe\u8c61\u3068\u3057\u3066\u3044\u308b\u9298\u67c4\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/26499\" data-type=\"post\" data-id=\"26499\">\u4e2d\u56fd\u7d4c\u6e08\u304c\u30ed\u30c3\u30af\u30c0\u30a6\u30f3\u3068\u4e0d\u52d5\u7523\u30d0\u30d6\u30eb\u5d29\u58ca\u3067\u7a7a\u4e2d\u5206\u89e3\u3001\u9244\u9271\u77f3\u3068\u9285\u306f\u6025\u843d<\/a><\/li><\/ul>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u3053\u3053\u304b\u3089\u4f55\u304c\u8aad\u307f\u53d6\u308c\u308b\u304b\u3002\u307e\u305a\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u9285\uff08\u95a2\u9023\u9298\u67c4\uff09\u306e\u8cb7\u3044\u3092\u624b\u4ed5\u821e\u3063\u305f\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u660e\u3089\u304b\u306b\u4e16\u754c\u7684\u306a\u666f\u6c17\u5f8c\u9000\u306b\u5099\u3048\u3066\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u9285\u4fa1\u683c\u306f\u5b9f\u4f53\u7d4c\u6e08\u306e\u666f\u6c17\u3092\u8868\u3059\u6307\u6a19\u3068\u3082\u8a00\u308f\u308c\u308b\u3002<\/p>\n\n\n\n<p>\u4eca\u5e74\u306e\u76f8\u5834\u3067\u306f\u7b46\u8005\u3068\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u3088\u304f\u4f3c\u305f\u30c8\u30ec\u30fc\u30c9\u3092\u3057\u3066\u3044\u308b\u3002\u682a\u4fa1\u306e\u7a7a\u58f2\u308a\u3068\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u306e\u8cb7\u3044\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f6\u6708\u6642\u70b9\u3067\u7a7a\u58f2\u308a\u3092\u4e00\u6642\u4f11\u6b62\u3057\u3001\u305d\u306e\u5f8c\u7b46\u8005\u306f\u5c11\u3057\u306e\u9593\u8003\u3048\u305f\u304c\u7d50\u5c40\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u6c7a\u65ad\u306b\u5f93\u3046\u5f62\u3068\u306a\u3063\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\/08\/2022-8-16-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\/08\/2022-8-16-s-and-p-500-chart.png\" alt=\"\" class=\"wp-image-27184\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/08\/2022-8-16-s-and-p-500-chart.png 618w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2022\/08\/2022-8-16-s-and-p-500-chart-300x197.png 300w\" sizes=\"auto, (max-width: 618px) 100vw, 618px\" \/><\/a><\/figure>\n\n\n\n<p>\u3053\u306e\u3088\u3046\u306b\u7c73\u56fd\u682a\u306f\u305d\u306e\u5f8c\u53cd\u767a\u3057\u3066\u3044\u308b\u306e\u3067\u3001\u3053\u306e\u610f\u5473\u3067\u306f\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306b\u52a9\u3051\u3089\u308c\u305f\u5f62\u3068\u306a\u308b\u304c\u3001\u9285\u306b\u95a2\u3057\u3066\u306f\u7b46\u8005\u306e\u65b9\u304c\u4e00\u679a\u4e0a\u624b\u3060\u3063\u305f\u3068\u8a00\u3048\u308b\u3060\u308d\u3046\u3002\u4e2d\u56fd\u30d0\u30d6\u30eb\u304c\u5d29\u58ca\u3057\u3066\u3044\u308b\u72b6\u6cc1\u3067\u9285\u3092\u8cb7\u3044\u6301\u3061\u306b\u3059\u308b\u306e\u306f\u5371\u967a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3053\u3053\u3067\u306f\u69d8\u3005\u306a\u6295\u8cc7\u5bb6\u306e\u76f8\u5834\u89b3\u3092\u7d39\u4ecb\u3057\u3066\u304a\u308a\u3001\u305d\u308c\u3089\u3092\u6bd4\u8f03\u3059\u308b\u3068\u305d\u308c\u305e\u308c\u306e\u30c8\u30ec\u30fc\u30c7\u30a3\u30f3\u30b0\u65b9\u91dd\u306b\u306f\u4e00\u9577\u4e00\u77ed\u3042\u308b\u3053\u3068\u304c\u5206\u304b\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/27109\" data-type=\"post\" data-id=\"27109\">\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u306e\u541b\u5b50\u8c79\u5909\u3001\u30cf\u30a4\u30c6\u30af\u682a\u7a7a\u58f2\u308a\u304b\u3089\u5927\u5e45\u8cb7\u3044\u306b\u5927\u8ee2\u63db<\/a><\/li><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/27150\" data-type=\"post\" data-id=\"27150\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3001\u4e2d\u56fd\u682a\u3092\u58f2\u5374\u3057\u3066\u7c73\u56fd\u682a\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u7dad\u6301<\/a><\/li><\/ul>\n\n\n\n<p>\u305d\u308c\u305e\u308c\u306b\u305d\u308c\u305e\u308c\u306e\u8003\u3048\u65b9\u304c\u3042\u308a\u3001\u305d\u308c\u3089\u3092\u773a\u3081\u308b\u3053\u3068\u306f\u81ea\u5206\u306e\u76f8\u5834\u89b3\u3092\u88dc\u5f37\u3059\u308b\u4e0a\u3067\u5f79\u306b\u7acb\u3064\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u3061\u306a\u307f\u306b\u3082\u30461\u3064\u6ce8\u76ee\u3059\u3079\u304d\u306f\u300114\u5104\u30c9\u30eb\u3068\u3044\u3046\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u7dcf\u984d\u3067\u3042\u308b\u3002\u30b3\u30ed\u30ca\u521d\u671f\u306e\u66b4\u843d\u76f8\u5834\u306b\u304a\u3044\u3066\u308225\u5104\u30c9\u30eb\u307e\u3067\u306b\u3057\u304b\u7e2e\u5c0f\u3057\u3066\u3044\u306a\u304b\u3063\u305f\u305f\u3081\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u73fe\u5728\u306e\u76f8\u5834\u3092\u30b3\u30ed\u30ca\u521d\u671f\u306e\u66b4\u843d\u76f8\u5834\u4ee5\u4e0a\u306e\u5371\u6a5f\u3068\u898b\u3066\u3044\u308b\u3068\u3082\u8aad\u307f\u53d6\u308c\u308b\u3002<\/p>\n\n\n\n<p>\u4ee5\u4e0a\u3088\u308a\u5f7c\u306e\u682a\u5f0f\u5e02\u5834\u306b\u5bfe\u3059\u308b\u898b\u65b9\u306f\u4ee5\u524d\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u8a18\u4e8b\u306e\u9803\u304b\u3089\u5909\u308f\u3063\u3066\u3044\u306a\u3044\u3068\u601d\u308f\u308c\u308b\u3002\u4ee5\u524d\u306e\u767a\u8a00\u901a\u308a\u3001\u7a7a\u58f2\u308a\u518d\u958b\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u3092\u864e\u8996\u7708\u3005\u3068\u72d9\u3063\u3066\u3044\u308b\u304b\u3001\u3042\u308b\u3044\u306f\u3082\u3046\u59cb\u3081\u3066\u3044\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\/25751\" data-type=\"post\" data-id=\"25751\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f: \u682a\u4fa1\u304c\u4e0a\u6607\u3057\u305f\u3089\u7a7a\u58f2\u308a\u3092\u518d\u958b\u3059\u308b<\/a><\/li><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/25829\" data-type=\"post\" data-id=\"25829\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f: \u7c73\u56fd\u682a\u306f30\u5e74\u4e0a\u304c\u3089\u306a\u3044\u53ef\u80fd\u6027<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u5f15\u304d\u7d9a\u304d\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u7c73\u56fd\u682a\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u958b\u793a\u3059\u308bForm 13F\u3067\u3042\u308b\u3002\u3053\u308c\u307e\u3067\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u3068\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u5831\u3058\u305f\u304c\u3001\u4eca\u56de\u306f\u30bd\u30ed\u30b9\u6c0f\u306e\u5f1f\u5b50\u306b\u3042\u305f\u308b\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306eDuquesne &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/27170\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3001\u7c73\u56fd\u682a\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u5e74\u59cb\u304b\u3089\u534a\u5206\u306b\u7e2e\u5c0f\u3001\u5f31\u6c17\u7d99\u7d9a\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":[130],"class_list":["post-27170","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-stock-markets","tag-stanley-druckenmiller"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/27170","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=27170"}],"version-history":[{"count":23,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/27170\/revisions"}],"predecessor-version":[{"id":27198,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/27170\/revisions\/27198"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=27170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=27170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=27170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}