{"id":42665,"date":"2023-12-20T20:00:00","date_gmt":"2023-12-20T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=42665"},"modified":"2023-12-20T11:58:38","modified_gmt":"2023-12-20T02:58:38","slug":"%e3%82%ac%e3%83%b3%e3%83%89%e3%83%a9%e3%83%83%e3%82%af%e6%b0%8f-%e3%83%91%e3%82%a6%e3%82%a8%e3%83%ab%e8%ad%b0%e9%95%b7%e3%81%ae%e7%b1%b3%e5%9b%bd%e7%b5%8c%e6%b8%88%e3%81%b8%e3%81%ae%e8%87%aa%e4%bf%a1","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/42665","title":{"rendered":"\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u7c73\u56fd\u7d4c\u6e08\u3078\u306e\u81ea\u4fe1\u306f\u4e00\u6642\u7684"},"content":{"rendered":"\n<p>\u5f15\u304d\u7d9a\u304d\u3001DoubleLine Capital\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306eCNBC\u306b\u3088\u308b\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u9ad8\u91d1\u5229\u3068\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08<\/strong><\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u306e\u305f\u3081\u306b\u884c\u308f\u308c\u3066\u3044\u308bFed\uff08\u9023\u90a6\u6e96\u5099\u5236\u5ea6\uff09\u306e\u9ad8\u91d1\u5229\u653f\u7b56\u306b\u3088\u308a\u3001\u30a2\u30e1\u30ea\u30ab\u3067\u306f\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u4e0b\u304c\u3063\u3066\u304d\u3066\u3044\u308b\u4e00\u65b9\u3067\u73fe\u72b6\u305d\u3053\u307e\u3067\u306e\u666f\u6c17\u6e1b\u901f\u3068\u306f\u306a\u3063\u3066\u3044\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u63a8\u79fb\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/42523\" data-type=\"post\" data-id=\"42523\">11\u6708\u306e\u7c73\u56fd\u30a4\u30f3\u30d5\u30ec\u7387\u306f3.1%\u3001\u3053\u306e\u307e\u307e3%\u53f0\u3067\u8db3\u8e0f\u307f\u3092\u7d9a\u3051\u308b\u306e\u304b\uff1f<\/a><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/12\/2023-nov-us-cpi-growth-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"453\" height=\"466\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/12\/2023-nov-us-cpi-growth-chart.png\" alt=\"\" class=\"wp-image-42525\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/12\/2023-nov-us-cpi-growth-chart.png 453w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2023\/12\/2023-nov-us-cpi-growth-chart-292x300.png 292w\" sizes=\"auto, (max-width: 453px) 100vw, 453px\" 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href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/14522\" data-type=\"post\" data-id=\"14522\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f\u305f\u3060\u30a4\u30f3\u30d5\u30ec\u304c\u7d9a\u304b\u306a\u3044\u3088\u3046\u306b\u7948\u3063\u3066\u3044\u308b\u3060\u3051 (2021\/7\/18)<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c\u305d\u306e\u5f8c\u300c\u30a4\u30f3\u30d5\u30ec\u306f\u4e00\u6642\u7684\u300d\u306e\u610f\u898b\u3092\u64a4\u56de\u3057\u3001\u5229\u4e0a\u3052\u3092\u884c\u306a\u3063\u305f\u305f\u3081\u306b\u30a4\u30f3\u30d5\u30ec\u306f\u3042\u308b\u7a0b\u5ea6\u307e\u3067\u6291\u5236\u3055\u308c\u3001\u305d\u306e\u72b6\u6cc1\u306b\u5b89\u5835\u3057\u3066\u3044\u308b\u69d8\u5b50\u304c\u8a18\u8005\u4f1a\u898b\u306a\u3069\u304b\u3089\u3082\u5206\u304b\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30bd\u30d5\u30c8\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0\u671f\u5f85<\/strong><\/p>\n\n\n\n<p>\u3057\u304b\u3057\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u305d\u306e\u30d1\u30a6\u30a8\u30eb\u6c0f\u306b\u76ae\u8089\u306a\u30b3\u30e1\u30f3\u30c8\u3092\u3057\u3066\u3044\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>\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f\u4eca\u306e\u72b6\u6cc1\u306b\u81ea\u4fe1\u3092\u6301\u3063\u3066\u3044\u308b\u3060\u308d\u3046\u3002\u3060\u304c\u305d\u308c\u306f\u4e00\u6642\u7684\u304b\u3082\u3057\u308c\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u4f55\u6545\u306a\u3089\u3070\u3001\u7d4c\u6e08\u306b\u306f\u5148\u884c\u6307\u6a19\u3068\u9045\u884c\u6307\u6a19\u304c\u3042\u308a\u3001\u5229\u4e0a\u3052\u306b\u771f\u3063\u5148\u306b\u5f71\u97ff\u3055\u308c\u308b\u91d1\u5229\u3084\u539f\u6cb9\u4fa1\u683c\u3084\u30a4\u30f3\u30d5\u30ec\u7387\u306a\u3069\u306f\u5148\u884c\u6307\u6a19\u3067\u3001\u666f\u6c17\u3092\u793a\u3059GDP\u3084\u5931\u696d\u7387\u306f\u9045\u884c\u6307\u6a19\u3060\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u5148\u884c\u6307\u6a19\u306e\u72b6\u6cc1\u304c\u826f\u3044\u304b\u3089\u3068\u8a00\u3063\u3066\u3001\u9045\u884c\u6307\u6a19\u304c\u3042\u3068\u304b\u3089\u60aa\u3044\u7d50\u679c\u306b\u306a\u3089\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u306b\u306f\u306a\u3089\u306a\u3044\u3002\u4f55\u5ea6\u3082\u5f15\u7528\u3057\u3066\u3044\u308b\u304c\u300120\u4e16\u7d00\u6700\u5927\u306e\u7d4c\u6e08\u5b66\u8005\u30d5\u30ea\u30fc\u30c9\u30ea\u30d2\u30fb\u30d5\u30a9\u30f3\u30fb\u30cf\u30a4\u30a8\u30af\u6c0f\u304c\u8457\u66f8\u300e<a href=\"https:\/\/amzn.to\/3GTBU68\" target=\"_blank\" rel=\"noreferrer noopener\">\u8ca8\u5e63\u8ad6\u96c6<\/a>\u300f\u306e\u306a\u304b\u3067\u8a73\u3057\u304f\u8aac\u660e\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/31421\" data-type=\"post\" data-id=\"31421\">\u30cf\u30a4\u30a8\u30af: \u30a4\u30f3\u30d5\u30ec\u6e1b\u901f\u5f8c\u306e\u5931\u696d\u5897\u52a0\u306f\u907f\u3051\u3089\u308c\u306a\u3044<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3082\u9045\u884c\u6307\u6a19\u306e\u60aa\u5316\u304c\u6765\u5e74\u8d77\u3053\u308b\u3068\u60f3\u5b9a\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/41951\" data-type=\"post\" data-id=\"41951\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u30a4\u30f3\u30d5\u30ec\u304c\u4e0b\u304c\u308b\u9650\u308a\u666f\u6c17\u5f8c\u9000\u306f\u7d76\u5bfe\u306b\u8d77\u304d\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f\u4f55\u304b\u3092\u5b66\u3093\u3060\u304b<\/strong><\/p>\n\n\n\n<p>\u3060\u304c\u305d\u308c\u3067\u3082\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f2021\u5e74\u306b\u30a4\u30f3\u30d5\u30ec\u3092\u653e\u7f6e\u3057\u305f\u5931\u6557\u304b\u3089\u4f55\u304b\u3092\u5b66\u3093\u3060\u3068\u898b\u3066\u3044\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>\u30d1\u30a6\u30a8\u30eb\u6c0f\u306f\u5148\u884c\u6307\u6a19\u3068\u9045\u884c\u6307\u6a19\u3068\u3044\u3046\u3082\u306e\u306b\u591a\u5c11\u6163\u308c\u3066\u304d\u305f\u3088\u3046\u3060\u3002\u6709\u96e3\u3044\u3053\u3068\u306b\u5f7c\u306f\u904e\u53bb3\u5e74\u304b\u3089\u4f55\u304b\u3092\u5b66\u3093\u3060\u3088\u3046\u306b\u898b\u3048\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3060\u304b\u3089\u30d1\u30a6\u30a8\u30eb\u6c0f\u306f\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u76ee\u6a19\u306e2%\u307e\u3067\u843d\u3061\u3066\u304f\u308b\u3088\u308a\u3082\u524d\u306b\u5229\u4e0b\u3052\u306b\u8ee2\u3058\u3088\u3046\u3068\u3057\u3066\u3044\u308b\u3002\u305d\u308c\u304c\u682a\u5f0f\u5e02\u5834\u306b\u30d7\u30e9\u30b9\u306e\u5f71\u97ff\u3092\u4e0e\u3048\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/42578\" data-type=\"post\" data-id=\"42578\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u7c73\u56fd\u306e\u5229\u4e0b\u3052\u306f\u682a\u4fa1\u306b\u30d7\u30e9\u30b9<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u4e00\u65b9\u3067\u3001\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u682a\u4fa1\u306f\u6765\u5e74\u306b\u306f\u4e0b\u843d\u306b\u8ee2\u3058\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3068\u8003\u3048\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/42636\" data-type=\"post\" data-id=\"42636\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3001\u7c73\u56fd\u682a\u306e\u4e0b\u843d\u30bf\u30a4\u30df\u30f3\u30b0\u3092\u4e88\u60f3<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u4eca\u306e\u3068\u3053\u308d\u4e0a\u624b\u304f\u884c\u3063\u3066\u3044\u308b\u3088\u3046\u306b\u898b\u3048\u308b\u30d1\u30a6\u30a8\u30eb\u6c0f\u306e\u91d1\u5229\u306e\u8235\u53d6\u308a\u306f\u6210\u529f\u3059\u308b\u306e\u3060\u308d\u3046\u304b\u3002\u7b46\u8005\u306e\u610f\u898b\u306f\u52ff\u8ad6\u3001\u91d1\u5229\u306e\u64cd\u4f5c\u306f\u4e2d\u592e\u9280\u884c\u306b\u306f\u7121\u7406\u306a\u4ed5\u4e8b\u3067\u3042\u308a\u3001\u91d1\u5229\u6c34\u6e96\u306f\u5e02\u5834\u306b\u4efb\u305b\u308b\u3079\u304d\u3060\u3068\u3044\u3046\u3082\u306e\u3067\u3042\u308b\u3002\u4e2d\u592e\u9280\u884c\u304c\u306a\u3051\u308c\u3070\u4eba\u70ba\u7684\u306a\u30a4\u30f3\u30d5\u30ec\u306f\u8d77\u3053\u3089\u306a\u3044\u3057\u3001\u4e2d\u592e\u9280\u884c\u304c\u306a\u304f\u3068\u3082\u767a\u751f\u3059\u308b\u30a4\u30f3\u30d5\u30ec\u306f\u4e2d\u592e\u9280\u884c\u306b\u306f\u9632\u3052\u306a\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/18701\" data-type=\"post\" data-id=\"18701\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: 12\u624d\u5150\u3088\u308a\u3082\u611a\u304b\u306a\u4e2d\u592e\u9280\u884c\u306e\u5b58\u5728\u610f\u7fa9\u304c\u5206\u304b\u3089\u306a\u3044<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/33890\" data-type=\"post\" data-id=\"33890\">\u30dd\u30fc\u30eb\u30bd\u30f3\u6c0f: 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