{"id":36627,"date":"2023-05-09T20:00:00","date_gmt":"2023-05-09T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=36627"},"modified":"2024-03-07T01:00:31","modified_gmt":"2024-03-06T16:00:31","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%e8%aa%b0%e3%81%a7%e3%82%8230%e4%bb%a5%e4%b8%8a%e3%81%ae%e5%88%a9%e7%9b%8a%e3%82%92%e5%87%ba%e3%81%9b%e3%82%8b","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/36627","title":{"rendered":"\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3001\u8ab0\u3067\u308230%\u4ee5\u4e0a\u306e\u5229\u76ca\u3092\u51fa\u305b\u308b\u65b9\u6cd5\u3092\u8a9e\u308b"},"content":{"rendered":"\n<p>\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u306e\u30af\u30a9\u30f3\u30bf\u30e0\u30fb\u30d5\u30a1\u30f3\u30c9\u3092\u904b\u7528\u3057\u3066\u3044\u305f\u3053\u3068\u3067\u6709\u540d\u306a\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304cNBIM Annual Investment Conference\u3067\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u52a9\u8a00\u3057\u3066\u3044\u308b\u306e\u3067\u7d39\u4ecb\u3057\u305f\u3044\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u6295\u8cc7\u306e\u79d8\u8a23<\/strong><\/p>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3068\u8a00\u3048\u3070\u3001\u30af\u30a9\u30f3\u30bf\u30e0\u30d5\u30a1\u30f3\u30c9\u6642\u4ee3\u306b1992\u5e74\u306e\u30dd\u30f3\u30c9\u5371\u6a5f\u3067\u30dd\u30f3\u30c9\u7a7a\u58f2\u308a\u3092\u3057\u3066\u5927\u5132\u3051\u3057\u305f\u3053\u3068\u3067\u6709\u540d\u3067\u3042\u308b\u3002\u3053\u308c\u306f\u30bd\u30ed\u30b9\u6c0f\u306e\u30c8\u30ec\u30fc\u30c9\u3068\u3057\u3066\u6709\u540d\u3060\u304c\u3001\u5b9f\u969b\u306b\u306f\u3053\u308c\u3092\u884c\u306a\u3063\u305f\u306e\u306f\u5f53\u6642\u30d5\u30a1\u30f3\u30c9\u3092\u7387\u3044\u3066\u3044\u305f\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u305d\u3093\u306a\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306b\u3068\u3063\u3066\u30822023\u5e74\u306e\u76f8\u5834\u306f\u96e3\u3057\u3044\u3089\u3057\u3044\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u682a\u5f0f\u3084\u50b5\u5238\u3067\u306f\u307b\u3068\u3093\u3069\u4f55\u3082\u305b\u305a\u3001\u552f\u4e00\u8ced\u3051\u3066\u3044\u308b\u306e\u306f\u30c9\u30eb\u3068\u65e5\u672c\u56fd\u50b5\u306e\u7a7a\u58f2\u308a\u3089\u3057\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/36281\" data-type=\"post\" data-id=\"36281\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3001\u30c9\u30eb\u3092\u7a7a\u58f2\u308a\u3057\u3066\u30b4\u30fc\u30eb\u30c9\u3092\u8cb7\u3044<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/36355\" data-type=\"post\" data-id=\"36355\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3001\u65e5\u672c\u306e\u30a4\u30f3\u30d5\u30ec\u3067\u65e5\u672c\u56fd\u50b5\u3092\u7a7a\u58f2\u308a<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\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\">\n<p>\u5e78\u3044\u306a\u3053\u3068\u306b\u4eca\u308f\u305f\u3057\u306f\u9867\u5ba2\u3092\u6301\u3063\u3066\u3044\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u826f\u3044\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3092\u51fa\u3055\u306a\u3044\u3068\u3044\u3051\u306a\u3044\u3068\u3044\u3046\u30d7\u30ec\u30c3\u30b7\u30e3\u30fc\u3092\u611f\u3058\u308b\u3053\u3068\u306f\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f2010\u5e74\u306b\u9867\u5ba2\u304b\u3089\u9810\u304b\u3063\u3066\u3044\u305f\u8cc7\u91d1\u3092\u8fd4\u3057\u3066\u81ea\u5df1\u8cc7\u91d1\u3060\u3051\u3092\u904b\u7528\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u4f55\u3082\u3057\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u304c\u6295\u8cc7\u306e\u79d8\u8a23\u3060\u3068\u3044\u3046\u3053\u3068\u3092\u3069\u308c\u3060\u3051\u306e\u4eba\u304c\u77e5\u3063\u3066\u3044\u308b\u3060\u308d\u3046\u304b\u3002\u591a\u304f\u306e\u4eba\u306f\u3001\u4f55\u3082\u3059\u3079\u304d\u3067\u306f\u306a\u3044\u6642\u306b\u4f55\u3082\u3057\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u304c\u51fa\u6765\u306a\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u306f\u3069\u3046\u3044\u3046\u3053\u3068\u304b\uff1f\u3000\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\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\">\n<p>\u30c8\u30ec\u30fc\u30c9\u3059\u3079\u304d\u3067\u306a\u3044\u6642\u306b\u30c8\u30ec\u30fc\u30c9\u305b\u305a\u306b\u3044\u308c\u3070\u3001\u81ea\u5206\u304b\u3089\u30c8\u30e9\u30d6\u30eb\u306b\u98db\u3073\u8fbc\u3093\u3067\u3086\u304f\u3053\u3068\u3092\u907f\u3051\u3089\u308c\u308b\u3002<\/p>\n\n\n\n<p>\u6295\u8cc7\u3067\u4e00\u756a\u5927\u5207\u306a\u3053\u3068\u306e1\u3064\u306f\u3001\u78ba\u4fe1\u304c\u6301\u3066\u306a\u3044\u6642\u306b\u30c8\u30ec\u30fc\u30c9\u3057\u306a\u3044\u3053\u3068\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u6295\u8cc7\u5bb6\u304c\u6295\u8cc7\u3059\u3079\u304d\u6642<\/strong><\/p>\n\n\n\n<p>\u6295\u8cc7\u5bb6\u304c\u6295\u8cc7\u3059\u3079\u304d\u306a\u306e\u306f\u3001\u9ad8\u78ba\u7387\u3067\u52dd\u3066\u308b\u3068\u5206\u304b\u3063\u3066\u3044\u308b\u5834\u5408\uff08\u3042\u308b\u3044\u306f\u30ea\u30b9\u30af\u30ea\u30ef\u30fc\u30c9\u6bd4\u304c\u826f\u3044\u5834\u5408\uff09\u3060\u3002\u9ad8\u78ba\u7387\u3067\u52dd\u3066\u308b\u5834\u5408\u3068\u306f\u3001\u4f8b\u3048\u30702022\u5e74\u306e\u59cb\u3081\u306b\u30a4\u30f3\u30d5\u30ec\u3067\u91d1\u5229\u304c\u4e0a\u304c\u308b\u3068\u5206\u304b\u3063\u3066\u3044\u308b\u6642\u306b\u3001\u682a\u4fa1\u4e0b\u843d\u3084\u91d1\u5229\u4e0a\u6607\u306b\u8ced\u3051\u308b\u30c8\u30ec\u30fc\u30c9\u306e\u3053\u3068\u3060\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<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>\n<\/ul>\n\n\n\n<p>\u307e\u3055\u306b\u3053\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u3067\u9006\u306b\u65e5\u672c\u4eba\u3092\u6247\u52d5\u3057\u3066\u682a\u4fa1\u306e\u4e0a\u6607\u306b\u8ced\u3051\u3055\u305b\u305f\u91d1\u878d\u5e81\u306f\u3042\u308b\u610f\u5473\u3067\u5929\u624d\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/27807\" data-type=\"post\" data-id=\"27807\">\u300c\u682a\u5f0f\u306e\u9577\u671f\u6295\u8cc7\u306f\u307b\u307c\u5132\u304b\u308b\u300d\u3068\u3044\u3046\u5e7b\u60f3\u306f\u91d1\u878d\u5e81\u306e\u300c\u57fa\u790e\u304b\u3089\u5b66\u3079\u308b\u91d1\u878d\u30ac\u30a4\u30c9\u300d\u304b\u3089\u6765\u305f<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3042\u308b\u3044\u306f\u30ea\u30b9\u30af\u30ea\u30ef\u30fc\u30c9\u6bd4\u306e\u826f\u3044\u30c8\u30ec\u30fc\u30c9\u3068\u306f\u73fe\u5728\u306e\u65e5\u672c\u56fd\u50b5\u306e\u7a7a\u58f2\u308a\u306e\u3053\u3068\u3060\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/36355\" data-type=\"post\" data-id=\"36355\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u3001\u65e5\u672c\u306e\u30a4\u30f3\u30d5\u30ec\u3067\u65e5\u672c\u56fd\u50b5\u3092\u7a7a\u58f2\u308a<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u9006\u306b\u8a00\u3048\u3070\u3001\u305d\u3046\u3044\u3046\u6642\u4ee5\u5916\u306b\u306f\u8ced\u3051\u3066\u306f\u306a\u3089\u306a\u3044\u3002\u4f55\u6545\u304b\u3002\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\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\">\n<p>\u7c21\u5358\u306a\u7b97\u6570\u3060\u3002\u6295\u8cc7\u3067\u306f50%\u306e\u8cc7\u91d1\u3092\u5931\u3048\u3070\u3001\u53d6\u308a\u623b\u3059\u305f\u3081\u306b\u306f100%\u306e\u5229\u76ca\u3092\u51fa\u3055\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u304f\u306a\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3069\u3046\u3044\u3046\u3053\u3068\u304b\u3068\u8a00\u3046\u3068\u3001\u6700\u521d\u306e\u8cc7\u91d1\u304c100\u4e07\u30c9\u30eb\u3060\u3068\u3057\u3066\u300150%\u5931\u3046\u306850\u4e07\u30c9\u30eb\u306b\u306a\u308b\u3002\u3053\u308c\u3092100\u4e07\u30c9\u30eb\u306b\u623b\u3059\u305f\u3081\u306b\u306f\u624b\u6301\u3061\u306e50\u4e07\u30c9\u30eb\u3092\u500d\u306b\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u304f\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u51fa\u6765\u308b\u3060\u3051\u640d\u5931\u3092\u3057\u306a\u3044\u3053\u3068\u304c\u307e\u305a\u5927\u4e8b\u306a\u306e\u3067\u3042\u308b\u3002\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u7d9a\u3051\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>30%\u306e\u5229\u76ca\u3092\u4f55\u5ea6\u3082\u51fa\u3057\u305f\u3068\u3057\u3066\u3082\u300155%\u308460%\u306e\u640d\u5931\u3092\u51fa\u3057\u3066\u3057\u307e\u3048\u3070\u304b\u306a\u308a\u5f8c\u9000\u3057\u3066\u3057\u307e\u3046\u3002\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u306e\u8a08\u7b97\u3068\u306f\u305d\u3046\u3044\u3046\u3082\u306e\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u9006\u306b\u6295\u8cc7\u3092\u3059\u3079\u304d\u30bf\u30a4\u30df\u30f3\u30b0\u306b\u306f\u5927\u304d\u304f\u8ced\u3051\u308b\u3079\u304d\u3060\u3068\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u8a00\u3046\u3002\u5f7c\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\">\n<p>\u9577\u671f\u7684\u306b\u826f\u3044\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3092\u4e0a\u3052\u308b\u305f\u3081\u306b\u306f\u3001\u6253\u3066\u308b\u30dc\u30fc\u30eb\u304c\u6765\u305f\u6642\u306b\u306f\u5927\u632f\u308a\u3059\u308b\u3053\u3068\u3060\u3002\u305d\u3057\u3066\u6253\u3066\u306a\u3044\u7389\u306f\u6253\u305f\u306a\u3044\u3053\u3068\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u6295\u8cc7\u3068\u306f\u898b\u9003\u3057\u4e09\u632f\u306e\u306a\u3044\u91ce\u7403\u306e\u3088\u3046\u306a\u3082\u306e\u3060\u3068\u30a6\u30a9\u30fc\u30ec\u30f3\u30fb\u30d0\u30d5\u30a7\u30c3\u30c8\u6c0f\u3082\u8a00\u3063\u3066\u3044\u305f\u3002\u3060\u304c\u591a\u304f\u306e\u4eba\u306f\u305d\u308c\u304c\u7406\u89e3\u3067\u304d\u305a\u306b\u3064\u307f\u305f\u3066NISA\u306b\u4f55\u3067\u3082\u3076\u3061\u8fbc\u3093\u3067\u3057\u307e\u3046\u3002\u5f7c\u3089\u306f\u8ced\u3051\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u304c\u3067\u304d\u306a\u3044\u3002\u305d\u308c\u304c\u5f7c\u3089\u306e\u554f\u984c\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30bd\u30ed\u30b9\u6c0f\u304b\u3089\u5b66\u3093\u3060\u3053\u3068<\/strong><\/p>\n\n\n\n<p>\u8ced\u3051\u308b\u3079\u304d\u6642\u306b\u5927\u304d\u304f\u8ced\u3051\u308b\u3053\u3068\u306f\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u30af\u30a9\u30f3\u30bf\u30e0\u30d5\u30a1\u30f3\u30c9\u6642\u4ee3\u306e\u4e0a\u53f8\u3067\u3042\u308b\u30bd\u30ed\u30b9\u6c0f\u304b\u3089\u5b66\u3093\u3060\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u3078\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3092\u96c6\u3081\u305f\u300e<a rel=\"noreferrer noopener\" href=\"https:\/\/amzn.to\/41xzH7j\" target=\"_blank\">\u65b0\u30de\u30fc\u30b1\u30c3\u30c8\u306e\u9b54\u8853\u5e2b<\/a>\u300f\u306b\u306f\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3082\u8f09\u3063\u3066\u3044\u308b\u304c\u3001\u305d\u3053\u3067\u5f7c\u306f\u5f53\u6642\u306e\u3053\u3068\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u30af\u30a9\u30f3\u30bf\u30e0\u30d5\u30a1\u30f3\u30c9\u3067\u30c9\u30eb\u3092\u7a7a\u58f2\u308a\u3057\u3066\u3044\u305f\u6642\u306e\u3053\u3068\u3067\u3042\u308b\u3002\u5f7c\u306f\u30c9\u30eb\u306e\u4e0b\u843d\u3092\u78ba\u4fe1\u3057\u3066\u304a\u308a\u3001\u3057\u304b\u3082\u305d\u306e\u30c8\u30ec\u30fc\u30c9\u306f\u5229\u76ca\u3092\u51fa\u3057\u59cb\u3081\u3066\u3044\u305f\u306e\u3067\u3001\u305d\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u304b\u306a\u308a\u81ea\u6162\u306b\u601d\u3063\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<p>\u305d\u3053\u306b\u30bd\u30ed\u30b9\u6c0f\u304c\u3084\u3063\u3066\u6765\u3066\u300c\u30dd\u30b8\u30b7\u30e7\u30f3\u306f\u3044\u304f\u3089\u3060\uff1f\u300d\u3068\u5f7c\u306b\u805e\u3044\u305f\u3002\u5f7c\u306f\u81ea\u4fe1\u6e80\u3005\u306b\u300c10\u5104\u30c9\u30eb\u3067\u3059\u300d\u3068\u7b54\u3048\u305f\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u30bd\u30ed\u30b9\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u7d9a\u3051\u305f\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u305d\u308c\u3067\u30dd\u30b8\u30b7\u30e7\u30f3\u306e\u3064\u3082\u308a\u304b\uff1f<\/p>\n<\/blockquote>\n\n\n\n<p>\u30bd\u30ed\u30b9\u6c0f\u306f\u30c9\u30eb\u306e\u7a7a\u58f2\u308a\u30dd\u30b8\u30b7\u30e7\u30f3\u30922\u500d\u306b\u3059\u308b\u3088\u3046\u306b\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306b\u4f1d\u3048\u305f\u3068\u3044\u3046\u3002<\/p>\n\n\n\n<p>\u300e<a rel=\"noreferrer noopener\" href=\"https:\/\/amzn.to\/41xzH7j\" target=\"_blank\">\u65b0\u30de\u30fc\u30b1\u30c3\u30c8\u306e\u9b54\u8853\u5e2b<\/a>\u300f\u306b\u306f\u4ed6\u306b\u3082\u30bd\u30ed\u30b9\u6c0f\u3068\u306e\u9038\u8a71\u304c\u8f09\u3063\u3066\u3044\u308b\u306e\u3067\u6687\u304c\u3042\u308c\u3070\u8aad\u3093\u3067\u307f\u3066\u307b\u3057\u3044\u304c\u3001\u30bd\u30ed\u30b9\u6c0f\u306e\u8a00\u3044\u305f\u304b\u3063\u305f\u3053\u3068\u306f\u672c\u5f53\u306b\u78ba\u4fe1\u3057\u3066\u3044\u308b\u30dd\u30b8\u30b7\u30e7\u30f3\u306f\u51fa\u6765\u308b\u9650\u308a\u5927\u304d\u304f\u3057\u308d\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u8ced\u3051\u308b\u3079\u304d\u6642\u306b\u5927\u304d\u304f\u8ced\u3051\u3001\u8ced\u3051\u308b\u3079\u304d\u3067\u306f\u306a\u3044\u6642\u306b\u8ced\u3051\u305a\u306b\u3044\u3066\u640d\u5931\u3092\u6e1b\u3089\u3059\u3053\u3068\u3053\u305d\u304c\u30bd\u30ed\u30b9\u6c0f\u304b\u3089\u5b66\u3093\u3060\u4e00\u756a\u5927\u304d\u3044\u3053\u3068\u3060\u3068\u8a00\u3063\u3066\u3044\u305f\u3053\u3068\u304c\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u305d\u306e\u65b9\u6cd5\u3067\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u3069\u306e\u3088\u3046\u306a\u5229\u76ca\u3092\u4e0a\u3052\u305f\u306e\u304b\uff1f\u3000\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u306e\u53f8\u4f1a\u8005\u306b\u3053\u308c\u307e\u3067\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3092\u805e\u304b\u308c\u3066\u6b21\u306e\u3088\u3046\u306b\u7b54\u3048\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u9867\u5ba2\u3092\u6301\u3063\u3066\u3044\u305f30\u5e74\u9593\u3001\u5e74\u738730%\u3092\u4e0a\u56de\u308b\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3060\u3063\u305f\u3002\u6700\u9ad8\u306e\u5e74\u306b\u306f99%\u306e\u5229\u76ca\u3092\u4e0a\u3052\u305f\u30025%\u30847%\u306e\u5e74\u3082\u3044\u304f\u3064\u3082\u3042\u3063\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3057\u304b\u3082\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306b\u306f\u640d\u5931\u3092\u51fa\u3057\u305f\u5e74\u304c\u5b58\u5728\u3057\u306a\u3044\u3002\u3053\u308c\u306f\u30bd\u30ed\u30b9\u6c0f\u3067\u3055\u3048\u6210\u3057\u9042\u3052\u3066\u3044\u306a\u3044\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u552f\u4e00\u640d\u5931\u3092\u51fa\u3057\u304b\u3051\u305f\u306e\u306f\u3001\u30af\u30a9\u30f3\u30bf\u30e0\u30d5\u30a1\u30f3\u30c9\u3092\u8f9e\u3081\u308b\u7fbd\u76ee\u306b\u306a\u3063\u305f\u5e74\u3060\u308d\u3046\u304b\u3002\u3053\u306e\u8a18\u4e8b\u3082\u306a\u304b\u306a\u304b\u9762\u767d\u3044\u306e\u3067\u662f\u975e\u8aad\u3093\u3067\u307b\u3057\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<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>\n<\/ul>\n\n\n\n<p>\u3069\u3046\u3059\u308c\u3070\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u3088\u3046\u306a\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3092\u4e0a\u3052\u3089\u308c\u308b\u306e\u3060\u308d\u3046\u304b\u3002\u305d\u308c\u306f\u7c21\u5358\u306a\u7b97\u6570\u3060\u3002\u5f7c\u306f\u6b21\u306e\u3088\u3046\u306b\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u30a2\u30c9\u30d0\u30a4\u30b9\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u304c\u60aa\u3044\u5e74\u306b\u306f\u5229\u76ca\u306f0%\u304b\u30895%\u7a0b\u5ea6\u306b\u7559\u3081\u3066\u304a\u3044\u3066\u300150%\u308460%\u306e\u5229\u76ca\u3092\u4e0a\u3052\u3089\u308c\u308b\u5e74\u3092\u3044\u304f\u3064\u304b\u6df7\u305c\u3066\u304a\u3051\u3070\u3001\u9577\u671f\u7684\u306b\u306f\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u306f\u826f\u304f\u306a\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u30b3\u30c4\u306f\u6c7a\u3057\u3066\u304a\u91d1\u3092\u5931\u308f\u306a\u3044\u3053\u3068\u3001\u305d\u3057\u3066\u666e\u6bb5\u306e10\u500d\u304f\u3089\u3044\u306e\u5927\u5f53\u305f\u308a\u3092\u3044\u304f\u3064\u304b\u6df7\u305c\u308b\u3053\u3068\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u53f8\u4f1a\u8005\u306f\u3053\u3046\u30b3\u30e1\u30f3\u30c8\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u541b\u306e\u30d5\u30a1\u30f3\u305f\u3061\u3082\u898b\u7fd2\u3048\u305d\u3046\u306a\u30a2\u30c9\u30d0\u30a4\u30b9\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<a href=\"https:\/\/amzn.to\/3wJI4Tu\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/m.media-amazon.com\/images\/I\/81Zt6j7y7vL._SL160_.jpg\"><\/a><br><a href=\"https:\/\/amzn.to\/3wJI4Tu\" target=\"_blank\" rel=\"noreferrer noopener\">\u65b0\u30de\u30fc\u30b1\u30c3\u30c8\u306e\u9b54\u8853\u5e2b<\/a>\n","protected":false},"excerpt":{"rendered":"<p>\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u306e\u30af\u30a9\u30f3\u30bf\u30e0\u30fb\u30d5\u30a1\u30f3\u30c9\u3092\u904b\u7528\u3057\u3066\u3044\u305f\u3053\u3068\u3067\u6709\u540d\u306a\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304cNBIM Annual Investment Conference\u3067\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u52a9\u8a00\u3057\u3066\u3044\u308b\u306e\u3067\u7d39\u4ecb\u3057\u305f\u3044\u3002<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[130],"class_list":["post-36627","post","type-post","status-publish","format-standard","hentry","category-trading-strategies","tag-stanley-druckenmiller"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/36627","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=36627"}],"version-history":[{"count":43,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/36627\/revisions"}],"predecessor-version":[{"id":45514,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/36627\/revisions\/45514"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=36627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=36627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=36627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}