{"id":41899,"date":"2023-11-25T20:00:00","date_gmt":"2023-11-25T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=41899"},"modified":"2023-11-24T23:44:14","modified_gmt":"2023-11-24T14:44:14","slug":"%e3%82%ac%e3%83%b3%e3%83%89%e3%83%a9%e3%83%83%e3%82%af%e6%b0%8f%e3%80%81%e3%83%90%e3%82%a4%e3%83%87%e3%83%b3%e6%b0%8f%e3%81%8c%e6%9d%a5%e5%b9%b4%e3%81%ae%e5%a4%a7%e7%b5%b1%e9%a0%98%e9%81%b8%e6%8c%99","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/41899","title":{"rendered":"\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3001\u30d0\u30a4\u30c7\u30f3\u6c0f\u304c\u6765\u5e74\u306e\u5927\u7d71\u9818\u9078\u6319\u306b\u51fa\u99ac\u3057\u306a\u3044\u3068\u4e88\u60f3"},"content":{"rendered":"\n<p>DoubleLine Capital\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304c\u81ea\u793e\u4f01\u753b\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3001\u6765\u5e74\u306e\u30a2\u30e1\u30ea\u30ab\u5927\u7d71\u9818\u9078\u6319\u306b\u3064\u3044\u3066\u5927\u80c6\u306a\u4e88\u60f3\u3092\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>2024\u5e74\u306e\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u4e88\u60f3<\/strong><\/p>\n\n\n\n<p>\u3082\u3046\u5e74\u672b\u304c\u8fd1\u3044\u3002\u3082\u3046\u3059\u305012\u6708\u3067\u3042\u308b\u3002\u305d\u3053\u3067\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u53f8\u4f1a\u8005\u306b\u30012024\u5e74\u306b\u3064\u3044\u3066\u4f55\u304b\u4e88\u60f3\u3057\u3066\u304f\u308c\u3068\u983c\u307e\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u3053\u3046\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>\u30d0\u30a4\u30ed\u30f3\u30fb\u30a6\u30a3\u30fc\u30f3\u304c\u540c\u3058\u3053\u3068\u3092\u3084\u3063\u3066\u3044\u305f\u3002\u6bce\u5e74\u306e10\u500b\u306e\u4e88\u60f3\u3060\u3063\u305f\u304b12\u500b\u3060\u3063\u305f\u304b\uff1f\u300010\u500b\u3060\u3063\u305f\u3088\u3046\u306b\u601d\u3046\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30a6\u30a3\u30fc\u30f3\u6c0f\u306f\u6bce\u5e74\u5186\u5353\u4f1a\u8b70\u3092\u958b\u304d\u3001\u305d\u306e\u5e74\u306b\u3064\u3044\u3066\u306e10\u306e\u4e88\u60f3\u3092\u884c\u306a\u3046\u3053\u3068\u3067\u6709\u540d\u306a\u91d1\u878d\u5bb6\u3060\u3063\u305f\u3002\u4f55\u6545\u904e\u53bb\u5f62\u304b\u3068\u8a00\u3048\u3070\u3001\u4eca\u5e74\u306e10\u670825\u65e5\u306b\u901d\u53bb\u3057\u305f\u304b\u3089\u3067\u3042\u308b\u3002\u30b9\u30b3\u30c3\u30c8\u30fb\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u3068\u3044\u3044\u3001\u91d1\u878d\u754c\u306e\u6709\u540d\u4eba\u304c\u3069\u3093\u3069\u3093\u4ea1\u304f\u306a\u3063\u3066\u3086\u304f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/32088\" data-type=\"post\" data-id=\"32088\">\u30b9\u30b3\u30c3\u30c8\u30fb\u30de\u30a4\u30ca\u30fc\u30c9\u6c0f\u3001\u5fc3\u81d3\u767a\u4f5c\u3067\u6b7b\u53bb\u300063\u6b73 (2022\/12\/23)<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u3053\u3046\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>\u5f7c\u306f\u305d\u308c\u306b\u3064\u3044\u3066\u300c\u307b\u3068\u3093\u3069\u306e\u4eba\u304c30%\u4ee5\u4e0b\u306e\u78ba\u7387\u3092\u898b\u7a4d\u3082\u3063\u3066\u3044\u308b\u3053\u3068\u306b\u3064\u3044\u3066\u3001\u78ba\u7387\u304c50%\u3068\u4e3b\u5f35\u3059\u308b\u300d\u3053\u3068\u3060\u3068\u8a00\u3063\u3066\u3044\u305f\u3002\u3064\u307e\u308a\u3001\u5f7c\u306f\u3068\u3093\u3067\u3082\u306a\u3044\u4e88\u60f3\u3092\u3059\u308b\u306e\u3067\u306f\u306a\u304f\u3066\u3001\u4eba\u3005\u304c\u591a\u5c11\u9a5a\u304f\u3060\u308d\u3046\u3053\u3068\u3092\u4e88\u60f3\u3057\u3066\u3044\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u306a\u306e\u3067\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3082\u540c\u3058\u3053\u3068\u3092\u3084\u3063\u3066\u307f\u3088\u3046\u3068\u3044\u3046\u3053\u3068\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p><strong>2024\u5e74\u30a2\u30e1\u30ea\u30ab\u5927\u7d71\u9818\u9078\u6319<\/strong><\/p>\n\n\n\n<p>\u305d\u3053\u3067\u3001\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u3053\u3046\u8a00\u3063\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>\u5927\u7d71\u9818\u9078\u6319\u306e\u69cb\u56f3\u306f\u300c\u30c8\u30e9\u30f3\u30d7\u5bfe\u30d0\u30a4\u30c7\u30f3\u300d\u3068\u306f\u307e\u3063\u305f\u304f\u7570\u306a\u308b\u3082\u306e\u306b\u306a\u308b\u3060\u308d\u3046\u3068\u4e88\u60f3\u3057\u7d9a\u3051\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3053\u308c\u306f\u306a\u304b\u306a\u304b\u610f\u5916\u3067\u306f\u306a\u3044\u304b\u3002\u5171\u548c\u515a\u3068\u6c11\u4e3b\u515a\u306e\u72b6\u6cc1\u3092\u898b\u308b\u3068\u3001\u5019\u88dc\u8005\u306f\u30c8\u30e9\u30f3\u30d7\u6c0f\u3068\u30d0\u30a4\u30c7\u30f3\u6c0f\u3067\u307b\u307c\u6c7a\u307e\u3063\u3066\u3044\u308b\u3088\u3046\u306b\u898b\u3048\u308b\u3002<\/p>\n\n\n\n<p>\u5171\u548c\u515a\u306e\u65b9\u306f\u30d5\u30ed\u30ea\u30c0\u5dde\u77e5\u4e8b\u306e\u30ed\u30f3\u30fb\u30c7\u30b5\u30f3\u30c6\u30a3\u30b9\u6c0f\u304c\u7acb\u5019\u88dc\u3057\u3066\u3044\u308b\u304c\u3001\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u4eba\u6c17\u306b\u6297\u3046\u3053\u3068\u304c\u3067\u304d\u305a\u5931\u901f\u3057\u3066\u3044\u308b\u3002\u30c8\u30e9\u30f3\u30d7\u6c0f\u306f\u4e89\u3046\u5bfe\u7acb\u5019\u88dc\u304c\u3044\u306a\u3044\u3068\u3057\u3066\u8a0e\u8ad6\u306b\u3055\u3048\u53c2\u52a0\u3057\u3066\u3044\u306a\u3044\u72b6\u6cc1\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4e00\u65b9\u306e\u6c11\u4e3b\u515a\u306f\u3001\u30d0\u30a4\u30c7\u30f3\u6c0f\u304c\u51fa\u99ac\u306e\u59ff\u52e2\u3092\u793a\u3059\u9650\u308a\u305d\u306e\u307e\u307e\u30d0\u30a4\u30c7\u30f3\u6c0f\u3067\u884c\u304d\u305d\u3046\u3060\u3002\u5fc5\u305a\u3057\u3082\u30d0\u30a4\u30c7\u30f3\u6c0f\u304c\u652f\u6301\u3055\u308c\u3066\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3082\u306a\u3044\u306e\u3060\u304c\u3001\u30d2\u30e9\u30ea\u30fc\u30fb\u30af\u30ea\u30f3\u30c8\u30f3\u6c0f\u304c\u3088\u308a\u4eba\u6c17\u306e\u3042\u3063\u305f\u30d0\u30fc\u30cb\u30fc\u30fb\u30b5\u30f3\u30c0\u30fc\u30b9\u6c0f\u3092\u8e74\u843d\u3068\u3057\u3066\u6c11\u4e3b\u515a\u304b\u3089\u51fa\u99ac\u3057\u305f\u3068\u304d\u306e\u3088\u3046\u306b\u3001\u6c11\u4e3b\u515a\u306e\u5927\u7d71\u9818\u5019\u88dc\u306f\u4e00\u822c\u56fd\u6c11\u306e\u652f\u6301\u7387\u3067\u306f\u6c7a\u307e\u3089\u306a\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/4615\" data-type=\"post\" data-id=\"4615\">\u30c9\u30ca\u30eb\u30c9\u30fb\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\u30a2\u30e1\u30ea\u30ab\u5927\u7d71\u9818\u9078\u6319\u306b\u52dd\u5229\u3057\u305f\u7406\u7531 (2016\/11\/9)<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304b\u3089\u30c8\u30e9\u30f3\u30d7\u6c0f\u3068\u30d0\u30a4\u30c7\u30f3\u6c0f\u306b\u306a\u308b\u306a\u3089\u306a\u3044\u4ee5\u524d\u306b\u3001\u4ed6\u306e\u5019\u88dc\u304c\u898b\u3048\u3066\u3053\u306a\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u5927\u7d71\u9818\u9078\u6319\u4e88\u60f3<\/strong><\/p>\n\n\n\n<p>\u305d\u3053\u3067\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u3053\u3046\u4e3b\u5f35\u3059\u308b\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u5927\u7d71\u9818\u5019\u88dc\u304c3\u4eba\u306b\u306a\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u73fe\u72b6\u3067\u306f\u306f\u3063\u304d\u308a\u3068\u3057\u305f\u898b\u901a\u3057\u3067\u306f\u306a\u3044\u304c\u3001\u30ed\u30d0\u30fc\u30c8\u30fbF\u30fb\u30b1\u30cd\u30c7\u30a3\u30fb\u30b8\u30e5\u30cb\u30a2\u3084\u4ed6\u306e\u7121\u6240\u5c5e\u5019\u88dc\u8005\u3082\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30b1\u30cd\u30c7\u30a3\u6c0f\u306f\u30a2\u30e1\u30ea\u30ab\u5927\u7d71\u9818\u3060\u3063\u305f\u30b8\u30e7\u30f3\u30fbF\u30fb\u30b1\u30cd\u30c7\u30a3\u6c0f\u306e\u7525\u3067\u3042\u308b\u3002\u5f7c\u306f\u5143\u3005\u6c11\u4e3b\u515a\u306e\u5019\u88dc\u8005\u3068\u3057\u3066\u7acb\u5019\u88dc\u3057\u3088\u3046\u3068\u3057\u3066\u3044\u305f\u304c\u3001\u5f8c\u306b\u7121\u6240\u5c5e\u3067\u51fa\u99ac\u3059\u308b\u3068\u8868\u660e\u3057\u305f\u3002<\/p>\n\n\n\n<p>\u5143\u3005\u6c11\u4e3b\u515a\u306e\u5019\u88dc\u3067\u3042\u308a\u306a\u304c\u3089\u30b3\u30ed\u30ca\u30ef\u30af\u30c1\u30f3\u306b\u53cd\u5bfe\u3057\u6697\u53f7\u901a\u8ca8\u3092\u652f\u6301\u3059\u308b\u306a\u3069\u7570\u8272\u306e\u653f\u6cbb\u5bb6\u3067\u3001\u30d0\u30a4\u30c7\u30f3\u6c0f\u3088\u308a\u3082\u3080\u3057\u308d\u30c8\u30e9\u30f3\u30d7\u6c0f\u304b\u3089\u7968\u3092\u596a\u3046\u3068\u306e\u898b\u65b9\u3082\u3042\u308a\u3001\u5927\u7d71\u9818\u9078\u6319\u3078\u306e\u5f71\u97ff\u304c\u6ce8\u76ee\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u7121\u6240\u5c5e\u306e\u5019\u88dc\u306f2\u4eba\u306e\u7968\u3092\u596a\u3046\u3053\u3068\u306f\u3042\u3063\u3066\u3082\u3001\u300c\u30c8\u30e9\u30f3\u30d7\u5bfe\u30d0\u30a4\u30c7\u30f3\u300d\u306e\u69cb\u56f3\u3092\u5909\u3048\u308b\u3053\u3068\u306f\u306a\u3044\u306f\u305a\u3060\u3002<\/p>\n\n\n\n<p>\u305d\u3053\u3067\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u66f4\u306b\u9a5a\u304d\u306e\u4e88\u60f3\u3092\u3059\u308b\u3002\u5f7c\u306f\u6b21\u306e\u3088\u3046\u306b\u8a00\u3063\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>\u305d\u308c\u306b\u30b8\u30e7\u30fc\u30fb\u30d0\u30a4\u30c7\u30f3\u306f\u51fa\u99ac\u3057\u306a\u3044\u3068\u5f37\u304f\u4fe1\u3058\u3066\u3044\u308b\u3002\u6226\u4e89\u30922\u3064\u5f15\u304d\u8d77\u3053\u3057\u3001\u539f\u6cb9\u306e\u5099\u84c4\u3092\u7a7a\u306b\u3057\u3001\u5f7c\u306e\u4e88\u60f3\u306f\u307b\u3068\u3093\u3069\u3059\u3079\u3066\u5b9f\u73fe\u3057\u306a\u304b\u3063\u305f\u306e\u3060\u304b\u3089\u3001\u51fa\u99ac\u304c\u53ef\u80fd\u3060\u3068\u306f\u601d\u3048\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\u3088\u304f\u4e3b\u5f35\u3057\u3066\u3044\u308b\u3088\u3046\u306b\u3001\u30d0\u30a4\u30c7\u30f3\u6c0f\u3067\u306f\u306a\u304f\u81ea\u5206\u304c\u3082\u3057\u5927\u7d71\u9818\u3060\u3063\u305f\u306a\u3089\u3070\u30a6\u30af\u30e9\u30a4\u30ca\u3084\u30d1\u30ec\u30b9\u30c1\u30ca\u3067\u6226\u4e89\u304c\u8d77\u304d\u306a\u304b\u3063\u305f\u3060\u308d\u3046\u3068\u3044\u3046\u306e\u306f\u3001\u3042\u306a\u304c\u3061\u9593\u9055\u3063\u305f\u8a71\u3067\u306f\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u4f55\u6545\u306a\u3089\u3070\u3001\u4f8b\u3048\u3070\u30d0\u30a4\u30c7\u30f3\u6c0f\u306f\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u8ff0\u3079\u305f\u3088\u3046\u306b\u3001\u30a6\u30af\u30e9\u30a4\u30ca\u6226\u4e89\u52c3\u767a\u76f4\u524d\u306b\u30ed\u30b7\u30a2\u306e\u4fb5\u653b\u3092\u4fc3\u3059\u3088\u3046\u306a\u767a\u8a00\u3092\u3057\u3066\u3044\u308b\u304b\u3089\u3067\u3042\u308b\u3002\u5f7c\u306e\u767a\u8a00\u306f\u9593\u9055\u3044\u306a\u304f\u30ed\u30b7\u30a2\u306e\u6c7a\u5b9a\u306b\u5f71\u97ff\u3092\u53ca\u307c\u3057\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/20314\" data-type=\"post\" data-id=\"20314\">\u30ed\u30b7\u30a2\u306e\u30a6\u30af\u30e9\u30a4\u30ca\u4fb5\u653b\u3067\u30d0\u30a4\u30c7\u30f3\u5927\u7d71\u9818\u304c\u72af\u3057\u305f\u4e00\u756a\u306e\u9593\u9055\u3044 (2022\/2\/25)<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u305d\u3057\u3066\u30cf\u30de\u30b9\u30fb\u30a4\u30b9\u30e9\u30a8\u30eb\u6226\u4e89\u306e\u76f4\u524d\u306b\u306f\u3001\u30cf\u30de\u30b9\u306e\u5f8c\u308d\u76fe\u3067\u3042\u308b\u30a4\u30e9\u30f3\u306e\u9280\u884c\u53e3\u5ea7\u51cd\u7d50\u3092\u89e3\u9664\u3057\u3001\u30a4\u30e9\u30f3\u306e\u8cc7\u91d1\u7e70\u308a\u3092\u52a9\u3051\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/40487\" data-type=\"post\" data-id=\"40487\">\u30cf\u30de\u30b9\u306e\u30a4\u30b9\u30e9\u30a8\u30eb\u653b\u6483\u306b\u5bfe\u3059\u308b\u4e16\u754c\u5404\u56fd\u306e\u53cd\u5fdc\u307e\u3068\u3081<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u30d0\u30a4\u30c7\u30f3\u5927\u7d71\u9818\u3068\u30a4\u30f3\u30d5\u30ec<\/strong><\/p>\n\n\n\n<p>\u305d\u3057\u3066\u4f55\u3088\u308a\u3001\u30d0\u30a4\u30c7\u30f3\u6c0f\u306e\u6700\u60aa\u306e\u653f\u7b56\u3068\u8a00\u3048\u3070\u73fe\u91d1\u7d66\u4ed8\u306b\u3088\u308b\u7269\u4fa1\u9ad8\u9a30\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30d0\u30a4\u30c7\u30f3\u6c0f\u306f\u30a4\u30f3\u30d5\u30ec\u306f\u81ea\u5206\u306e\u5c31\u4efb\u524d\u304b\u3089\u3042\u3063\u305f\u3068\u4e3b\u5f35\u3057\u305f\u304c\u3001\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u5358\u306b\u4e8b\u5b9f\u3068\u7570\u306a\u308b\u5f7c\u306e\u767a\u8a00\u3092\u75db\u70c8\u306b\u6279\u5224\u3057\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/33399\" data-type=\"post\" data-id=\"33399\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3001\u30d0\u30a4\u30c7\u30f3\u5927\u7d71\u9818\u306e\u300c\u30a4\u30f3\u30d5\u30ec\u306f\u5c31\u4efb\u524d\u304b\u3089\u300d\u767a\u8a00\u3092\u6279\u5224<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u306f2021\u5e74\u306e\u30d0\u30a4\u30c7\u30f3\u6c0f\u306e\u5c31\u4efb\u5f8c\u30012022\u5e74\u306e\u30a6\u30af\u30e9\u30a4\u30ca\u6226\u4e89\u306e\u59cb\u307e\u308b\u524d\u307e\u3067\u306b\u767a\u751f\u3057\u3066\u3044\u308b\u3002\u539f\u56e0\u306f\u30b3\u30ed\u30ca\u5f8c\u306b\u7d4c\u6e08\u304c\u65e2\u306b\u56de\u5fa9\u3057\u3066\u3044\u305f\u72b6\u6cc1\u3067\u30d0\u30a4\u30c7\u30f3\u653f\u6a29\u304c\u884c\u306a\u3063\u305f\u73fe\u91d1\u7d66\u4ed8\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/33013\" data-type=\"post\" data-id=\"33013\">\u4e16\u754c\u6700\u9ad8\u306e\u7d4c\u6e08\u5b66\u8005\u30b5\u30de\u30fc\u30ba\u6c0f\u304c\u8aac\u660e\u3059\u308b\u30a4\u30f3\u30d5\u30ec\u306e\u672c\u5f53\u306e\u7406\u7531<\/a><\/li>\n<\/ul>\n\n\n\n<p>2021\u5e74\u306e\u30d0\u30a4\u30c7\u30f3\u6c0f\u306e\u653f\u7b56\u306b\u3064\u3044\u3066\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u3053\u3046\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>2021\u5e74\u306b\u5f7c\u304c\u5927\u7d71\u9818\u306b\u306a\u3063\u305f\u6642\u3001\u30d0\u30a4\u30c7\u30f3\u653f\u6a29\u306e\u653f\u7b56\u306f\u308f\u305f\u3057\u304c\u5b50\u4f9b\u306e\u9803\u30011970\u5e74\u4ee3\u306b\u884c\u308f\u308c\u3066\u3044\u305f\u653f\u7b56\u306b\u4f3c\u3066\u3044\u308b\u3068\u611f\u3058\u305f\u3002\u305d\u308c\u306f\u30ed\u30ca\u30eb\u30c9\u30fb\u30ec\u30fc\u30ac\u30f3\u306e\u5f53\u9078\u3068\u3044\u3046\u7d50\u679c\u3092\u751f\u3093\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304c\u8a00\u3063\u3066\u3044\u308b\u306e\u306f\u5f53\u7136\u306a\u304c\u30891970\u5e74\u4ee3\u306e\u7269\u4fa1\u9ad8\u9a30\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/28426\" data-type=\"post\" data-id=\"28426\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f: \u682a\u5f0f\u5e02\u5834\u306f40\u5e74\u524d\u306e\u7269\u4fa1\u9ad8\u9a30\u6642\u4ee3\u3088\u308a\u9177\u3044\u60e8\u72b6\u306b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u305d\u308c\u306f\u30b8\u30df\u30fc\u30fb\u30ab\u30fc\u30bf\u30fc\u5927\u7d71\u9818\u304c\u8ca1\u653f\u51fa\u52d5\u3068\u91d1\u878d\u7de9\u548c\u3092\u884c\u306a\u3063\u305f\u3053\u3068\u306b\u3088\u3063\u3066\u5f15\u304d\u8d77\u3053\u3055\u308c\u305f\u3002\u30ab\u30fc\u30bf\u30fc\u6c0f\u306f\u305d\u308c\u306b\u81ea\u5206\u3067\u5f8c\u59cb\u672b\u3092\u4ed8\u3051\u308b\u3079\u304f\u30dd\u30fc\u30eb\u30fb\u30dc\u30eb\u30ab\u30fc\u8b70\u9577\u306b\u30a4\u30f3\u30d5\u30ec\u9000\u6cbb\u3092\u3084\u3089\u305b\u305f\u304c\u3001\u6b21\u306e\u5927\u7d71\u9818\u9078\u6319\u3067\u30ec\u30fc\u30ac\u30f3\u6c0f\u306b\u8ca0\u3051\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/27377\" data-type=\"post\" data-id=\"27377\">\u30dd\u30fc\u30eb\u30fb\u30dc\u30eb\u30ab\u30fc\u6c0f\u30011980\u5e74\u306e\u30a4\u30f3\u30d5\u30ec\u6253\u5012\u304c\u3069\u308c\u3060\u3051\u53b3\u3057\u304b\u3063\u305f\u304b\u3092\u8a9e\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30d0\u30a4\u30c7\u30f3\u6c0f\u306f\u30a4\u30f3\u30d5\u30ec\u306e\u5f8c\u59cb\u672b\u3092\u81ea\u5206\u3067\u306f\u3084\u3089\u306a\u3044\u3060\u308d\u3046\u304c\u3001\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306b\u306f\u30d0\u30a4\u30c7\u30f3\u6c0f\u3068\u30ab\u30fc\u30bf\u30fc\u6c0f\u304c\u88ab\u3063\u3066\u898b\u3048\u308b\u3089\u3057\u3044\u3002\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a00\u3063\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>\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u30d0\u30a4\u30c7\u30f3\u5927\u7d71\u9818\u306f\u3059\u3079\u3066\u304c\u904e\u53bb\u6700\u9ad8\u306b\u826f\u3044\u72b6\u614b\u3060\u3068\u4e3b\u5f35\u3057\u3066\u3044\u308b\u3002\u305d\u3057\u3066\u652f\u6301\u7387\u3092\u898b\u308c\u3070\u3001\u4eba\u3005\u306f\u305d\u308c\u3092\u4fe1\u3058\u3066\u3044\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3060\u304c\u3069\u3046\u3060\u308d\u3046\u3002\u7b46\u8005\u3082\u30d0\u30a4\u30c7\u30f3\u6c0f\u3067\u306a\u3051\u308c\u3070\u30a6\u30af\u30e9\u30a4\u30ca\u3082\u30d1\u30ec\u30b9\u30c1\u30ca\u3082\u8d77\u3053\u3089\u306a\u304b\u3063\u305f\u3068\u3044\u3046\u3053\u3068\u306b\u306f\u540c\u610f\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u30a2\u30e1\u30ea\u30ab\u6c11\u4e3b\u515a\u306e\u652f\u6301\u8005\u3084\u653f\u6cbb\u5bb6\u304c\u3001\u4ed6\u56fd\u3092\u30a2\u30e1\u30ea\u30ab\u306e\u6226\u5834\u306b\u3059\u308b\u3053\u3068\u3092\u6c17\u306b\u75c5\u3080\u3088\u3046\u306b\u306f\u601d\u3048\u306a\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/41242\" data-type=\"post\" data-id=\"41242\">\u30cf\u30de\u30b9\u30fb\u30a4\u30b9\u30e9\u30a8\u30eb\u6226\u4e89\u3067\u30e1\u30c3\u30ad\u304c\u5265\u304c\u308c\u304b\u3051\u3066\u3044\u308b\u6b27\u7c73\u8af8\u56fd\u306e\u30e1\u30c7\u30a3\u30a2\u6226\u7565<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/41716\" data-type=\"post\" data-id=\"41716\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u30a2\u30e1\u30ea\u30ab\u306f\u53f0\u6e7e\u306b\u6b66\u5668\u3092\u58f2\u308b\u305f\u3081\u306b\u4e2d\u56fd\u304b\u3089\u306e\u72ec\u7acb\u3092\u3051\u3057\u304b\u3051\u3066\u3044\u308b<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/40696\" data-type=\"post\" data-id=\"40696\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u30a6\u30af\u30e9\u30a4\u30ca\u6226\u4e89\u306f\u30a2\u30e1\u30ea\u30ab\u306e\u6700\u9ad8\u306e\u30d3\u30b8\u30cd\u30b9<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>DoubleLine Capital\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304c\u81ea\u793e\u4f01\u753b\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3001\u6765\u5e74\u306e\u30a2\u30e1\u30ea\u30ab\u5927\u7d71\u9818\u9078\u6319\u306b\u3064\u3044\u3066\u5927\u80c6\u306a\u4e88\u60f3\u3092\u3057\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":[183,88],"tags":[131],"class_list":["post-41899","post","type-post","status-publish","format-standard","hentry","category-us-politics-and-cultures","category-politics-and-cultures","tag-jeffrey-gundlach"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/41899","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=41899"}],"version-history":[{"count":26,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/41899\/revisions"}],"predecessor-version":[{"id":41926,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/41899\/revisions\/41926"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=41899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=41899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=41899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}