{"id":531,"date":"2014-12-12T17:27:01","date_gmt":"2014-12-12T08:27:01","guid":{"rendered":"http:\/\/www.globalmacroresearch.org\/jp\/?p=531"},"modified":"2014-12-12T17:30:33","modified_gmt":"2014-12-12T08:30:33","slug":"%e5%8e%9f%e6%b2%b9%e4%be%a1%e6%a0%bc%e3%81%ae%e6%80%a5%e5%8f%8d%e7%99%ba%e3%83%aa%e3%82%b9%e3%82%af%e3%82%92%e7%b1%b3%e4%bf%9d%e9%99%ba%e6%a0%aa%e8%b2%b7%e3%81%84%e3%81%a7%e3%83%98%e3%83%83%e3%82%b8","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/531","title":{"rendered":"\u539f\u6cb9\u4fa1\u683c\u306e\u6025\u53cd\u767a\u30ea\u30b9\u30af\u3092\u7c73\u4fdd\u967a\u682a\u8cb7\u3044\u3067\u30d8\u30c3\u30b8\u3059\u308b"},"content":{"rendered":"<p>\u539f\u6cb9\u4fa1\u683c\u304c\u4f4e\u8ff7\u3057\u3066\u3044\u308b\u3002\u30b5\u30d6\u30d7\u30e9\u30a4\u30e0\u30fb\u30ed\u30fc\u30f3\u5371\u6a5f\u4ee5\u964d\u3001\u5e73\u5747\u3057\u3066100\u30c9\u30eb\u524d\u5f8c\u3067\u63a8\u79fb\u3057\u3066\u304d\u305f\u539f\u6cb9\u5148\u7269\u306f\u3001\u8907\u6570\u306e\u30de\u30af\u30ed\u8981\u56e0\u3067\u6025\u843d\u3057\u3001\u7c73\u56fd\u306eWTI\u539f\u6cb9\u5148\u7269\u3001\u82f1\u56fd\u306e\u30d6\u30ec\u30f3\u30c8\u539f\u6cb9\u5148\u7269\u3068\u3082\u306b60\u30c9\u30eb\u3092\u5272\u308b\u52e2\u3044\u3067\u53d6\u5f15\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n<p>\u539f\u6cb9\u4fa1\u683c\u306e\u4e0b\u843d\u306f\u4e16\u754c\u7d4c\u6e08\u306b\u306f\u5f53\u7136\u30d7\u30e9\u30b9\u3067\u3042\u308a\u3001\u7523\u6cb9\u56fd\u30b5\u30a6\u30b8\u30a2\u30e9\u30d3\u30a2\u306e\u52d5\u304d\u3092\u898b\u308b\u304b\u304e\u308a\u3001\u3053\u306e\u50be\u5411\u306f\u5f53\u5206\u7d9a\u304f\u3060\u308d\u3046\u3002\u3057\u304b\u3057\u3001\u539f\u6cb9\u5b89\u304c\u7c73\u56fd\u682a\u306e\u4e0a\u6607\u306b\u7e54\u308a\u8fbc\u307e\u308c\u3066\u3044\u308b\u3053\u3068\u3084\u3001\u65e5\u9280\u306e\u91d1\u878d\u653f\u7b56\u306b\u5f71\u97ff\u3092\u53ca\u307c\u3057\u3066\u3044\u308b\u3053\u3068\u3092\u8003\u3048\u308c\u3070\u3001\u539f\u6cb9\u5148\u7269\u305d\u306e\u3082\u306e\u3092\u53d6\u5f15\u3057\u3066\u3044\u306a\u3044\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u3082\u3001\u539f\u6cb9\u4fa1\u683c\u306e\u884c\u304f\u672b\u3001\u3068\u308a\u308f\u3051\u6025\u53cd\u767a\u306e\u53ef\u80fd\u6027\u3092\u8003\u3048\u308b\u3053\u3068\u306f\u91cd\u8981\u3067\u3042\u308b\u3002<!--more--><\/p>\n<p>\u307e\u305a\u306f\u539f\u6cb9\u304c\u6025\u843d\u3057\u3066\u3044\u308b\u8981\u56e0\u3092\u5217\u6319\u3057\u3088\u3046\u3002<\/p>\n<ul>\n<li>FRB\u306e\u91cf\u7684\u7de9\u548c\u7d42\u4e86<\/li>\n<li>\u30c9\u30eb\u9ad8<\/li>\n<li>\u6b27\u5dde\u3001\u4e2d\u56fd\u7d4c\u6e08\u306e\u6e1b\u901f\u61f8\u5ff5<\/li>\n<li>\u30b5\u30a6\u30b8\u30a2\u30e9\u30d3\u30a2\u306b\u3088\u308b\u7c73\u56fd\u306e\u30b7\u30a7\u30fc\u30eb\u30aa\u30a4\u30eb\u7523\u696d\u3078\u306e\u5bfe\u6297\u63aa\u7f6e<\/li>\n<\/ul>\n<p>\u7de9\u548c\u7d42\u4e86\u3068\u30c9\u30eb\u9ad8\u306f\u3001\u4f3c\u3066\u3044\u308b\u3088\u3046\u3060\u304c\u5225\u306b\u8003\u3048\u308b\u3079\u304d\u3067\u3042\u308b\u3002\u9577\u5e74\u306e\u91d1\u878d\u7de9\u548c\u306b\u3088\u3063\u3066\u9ad8\u5024\u306b\u4fdd\u305f\u308c\u3066\u3044\u305f\u539f\u6cb9\u4fa1\u683c\u304b\u3089\u8cc7\u91d1\u304c\u5f15\u304d\u63da\u3052\u3089\u308c\u3001\u66f4\u306b\u30c9\u30eb\u9ad8\u306b\u3088\u308a\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u5168\u4f53\u306e\u76f8\u5bfe\u7684\u4fa1\u5024\u304c\u4f4e\u4e0b\u3057\u3066\u3044\u308b\u3002\u3053\u308c\u3089\u306e\u8981\u56e0\u306b\u3001\u7c73\u56fd\u306e\u30b7\u30a7\u30fc\u30eb\u7523\u696d\u3092\u8d64\u5b57\u306b\u8ffd\u3044\u8fbc\u3082\u3046\u3068\u3059\u308b\u30b5\u30a6\u30b8\u30a2\u30e9\u30d3\u30a2\u304c\u539f\u6cb9\u306e\u6e1b\u7523\u3092\u62d2\u5426\u3057\u305f\u3053\u3068\u304c\u52a0\u308f\u308a\u3001\u539f\u6cb9\u5b89\u3092\u52a0\u901f\u3055\u305b\u3066\u3044\u308b\u3002<\/p>\n<p>\u7c73\u56fd\u306e\u30b7\u30a7\u30fc\u30eb\u7523\u696d\u306e\u63a1\u7b97\u5206\u5c90\u70b9\u306f60\u30c9\u30eb\u524d\u5f8c\u3068\u8a00\u308f\u308c\u3066\u304a\u308a\u3001\u73fe\u5728\u306e\u4fa1\u683c\u306f\u305d\u306e\u7bc0\u76ee\u3067\u3042\u308b\u3068\u8a00\u3048\u308b\u3002\u3053\u306e\u6c34\u6e96\u304c\u5e95\u3060\u3068\u8003\u3048\u3066\u3044\u308b\u6295\u8cc7\u5bb6\u3082\u4e00\u5b9a\u6570\u5c45\u308b\u3088\u3046\u3060\u304b\u3089\u3001\u3053\u3053\u3092\u660e\u78ba\u306b\u5272\u3063\u305f\u6bb5\u968e\u3067\u4e0b\u3052\u304c\u52a0\u901f\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002\u3053\u306e\u3088\u3046\u306b\u3001\u5927\u304d\u306a\u30de\u30af\u30ed\u8981\u56e0\u304c\u8907\u6570\u91cd\u306a\u3063\u305f\u5834\u5408\u3001\u6295\u8cc7\u5bb6\u304c\u8003\u3048\u308b\u5e95\u5024\u304c\u5e95\u5024\u3068\u306a\u308b\u53ef\u80fd\u6027\u306f\u8584\u3044\u3002\u305d\u3046\u3044\u3063\u305f\u6295\u8cc7\u5bb6\u306e\u6295\u3052\u304c\u3059\u3079\u3066\u51fa\u305f\u6bb5\u968e\u3053\u305d\u304c\u5e95\u5024\u3067\u3042\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n<p>\u3057\u305f\u304c\u3063\u3066\u539f\u6cb9\u5b89\u306f\u3082\u3046\u3057\u3070\u3089\u304f\u7d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title=\"\u30b0\u30ed\u30fc\u30d0\u30eb\u30de\u30af\u30ed\u6226\u7565\u306b\u3088\u308b\u30ea\u30b9\u30af\u30d8\u30c3\u30b8\u306e\u65b9\u6cd5\" href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/272\">\u30b0\u30ed\u30fc\u30d0\u30eb\u30de\u30af\u30ed\u6226\u7565\u306b\u3088\u308b\u30ea\u30b9\u30af\u30d8\u30c3\u30b8\u306e\u65b9\u6cd5<\/a><\/li>\n<\/ul>\n<p>\u73fe\u72b6\u3067\u8cb7\u3044\u306e\u5bfe\u8c61\u3068\u306a\u308b\u306e\u306f\u3001\u7c73\u56fd\u3067\u30d3\u30b8\u30cd\u30b9\u3092\u5c55\u958b\u3059\u308b\u4fdd\u967a\u4f1a\u793e\u3067\u3042\u308b\u3002\u4e0a\u8a18\u306e\u8a18\u4e8b\u3067\u66f8\u3044\u305f\u3088\u3046\u306b\u3001\u4fdd\u967a\u682a\u306f\u500b\u4eba\u6d88\u8cbb\u306e\u4f38\u3073\u3068\u91d1\u5229\u306e\u4e0a\u6607\u3092\u597d\u611f\u3059\u308b\u305f\u3081\u3001\u539f\u6cb9\u4fa1\u683c\u306e\u53cd\u767a\u304c\u30a4\u30f3\u30d5\u30ec\u7387\u306e\u4e0a\u6607\u3092\u62db\u304d\u3001\u4e2d\u592e\u9280\u884c\u306e\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3092\u65e9\u3081\u305f\u5834\u5408\u3001\u7c73\u56fd\u306e\u597d\u666f\u6c17\u306b\u3088\u308b\u5229\u4e0a\u3052\u3092\u3082\u3063\u3068\u3082\u597d\u611f\u3059\u308b\u306e\u306f\u4fdd\u967a\u682a\u3067\u3042\u308b\u3002<\/p>\n<p>\u3088\u308a\u826f\u3044\u3053\u3068\u306b\u3001Target (NYSE:TGT\u3001<a href=\"https:\/\/www.google.com\/finance?q=NYSE:TGT\" target=\"_blank\">Google Finance<\/a>)\u3001Whole Foods (NASDAQ:WFM\u3001<a href=\"https:\/\/www.google.com\/finance?cid=656159\" target=\"_blank\">Google Finance<\/a>)\u306a\u3069\u7c73\u56fd\u306e\u5c0f\u58f2\u696d\u304cP\/E 30\u524d\u5f8c\u3067\u53d6\u5f15\u3055\u308c\u3001\u7c73\u56fd\u682a\u306e\u591a\u304f\u304c\u5272\u9ad8\u3067\u63a8\u79fb\u3059\u308b\u306a\u304b\u3001\u4fdd\u967a\u682a\u306f\u3044\u307e\u3060P\/E 10\u524d\u5f8c\u3067\u53d6\u5f15\u3055\u308c\u3066\u3044\u308b\u3001\u7c73\u56fd\u5e02\u5834\u3067\u306f\u6570\u5c11\u306a\u3044\u5272\u5b89\u696d\u7a2e\u306e1\u3064\u3067\u3042\u308b\u3002<\/p>\n<p>\u5f53\u9762\u306f\u4f4e\u91d1\u5229\u304c\u7d9a\u304f\u3068\u601d\u308f\u308c\u308b\u305f\u3081\u3001\u5358\u72ec\u3067\u306e\u8cb7\u3044\u306f\u63a8\u5968\u3067\u304d\u306a\u3044\u304c\u3001\u7c73\u56fd\u3084\u82f1\u56fd\u306e\u822a\u7a7a\u682a\u3084\u3001\u6b27\u5dde\u3084\u65e5\u672c\u306e\u4e0d\u52d5\u7523\u682a\u306a\u3069\u3001\u539f\u6cb9\u5b89\u304c\u4fa1\u683c\u3092\u652f\u3048\u3066\u3044\u308b\u8cc7\u7523\u306b\u30dd\u30b8\u30b7\u30e7\u30f3\u304c\u50be\u304d\u3059\u304e\u3066\u3044\u308b\u3068\u611f\u3058\u308b\u6295\u8cc7\u5bb6\u306b\u306f\u3001\u691c\u8a0e\u3059\u308b\u4fa1\u5024\u304c\u3042\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u539f\u6cb9\u4fa1\u683c\u304c\u4f4e\u8ff7\u3057\u3066\u3044\u308b\u3002\u30b5\u30d6\u30d7\u30e9\u30a4\u30e0\u30fb\u30ed\u30fc\u30f3\u5371\u6a5f\u4ee5\u964d\u3001\u5e73\u5747\u3057\u3066100\u30c9\u30eb\u524d\u5f8c\u3067\u63a8\u79fb\u3057\u3066\u304d\u305f\u539f\u6cb9\u5148\u7269\u306f\u3001\u8907\u6570\u306e\u30de\u30af\u30ed\u8981\u56e0\u3067\u6025\u843d\u3057\u3001\u7c73\u56fd\u306eWTI\u539f\u6cb9\u5148\u7269\u3001\u82f1\u56fd\u306e\u30d6\u30ec\u30f3\u30c8\u539f\u6cb9\u5148\u7269\u3068\u3082\u306b60\u30c9\u30eb\u3092\u5272\u308b\u52e2\u3044\u3067\u53d6\u5f15\u3055\u308c\u3066\u3044\u308b\u3002 \u539f\u6cb9 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/531\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u539f\u6cb9\u4fa1\u683c\u306e\u6025\u53cd\u767a\u30ea\u30b9\u30af\u3092\u7c73\u4fdd\u967a\u682a\u8cb7\u3044\u3067\u30d8\u30c3\u30b8\u3059\u308b<\/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":[57],"tags":[7,58],"class_list":["post-531","post","type-post","status-publish","format-standard","hentry","category-commodity-markets","tag-quantitative-easing","tag-crude-oil"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/531","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=531"}],"version-history":[{"count":6,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/531\/revisions"}],"predecessor-version":[{"id":537,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/531\/revisions\/537"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}