{"id":56099,"date":"2024-11-08T20:00:00","date_gmt":"2024-11-08T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=56099"},"modified":"2024-11-08T14:44:14","modified_gmt":"2024-11-08T05:44:14","slug":"%e3%83%88%e3%83%a9%e3%83%b3%e3%83%97%e7%9b%b8%e5%a0%b4%e3%81%a7%e3%82%a4%e3%83%b3%e3%83%95%e3%83%ac%e6%9c%9f%e5%be%85%e5%be%a9%e6%b4%bb%e3%80%81%e9%87%91%e5%88%a9%e4%b8%8a%e6%98%87%e3%81%af%e6%a0%aa","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/56099","title":{"rendered":"\u30c8\u30e9\u30f3\u30d7\u76f8\u5834\u3067\u30a4\u30f3\u30d5\u30ec\u671f\u5f85\u5fa9\u6d3b\u3001\u91d1\u5229\u4e0a\u6607\u306f\u682a\u5f0f\u5e02\u5834\u3092\u5d29\u58ca\u3055\u305b\u308b\u306e\u304b"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">11\u67085\u65e5\u306e\u30a2\u30e1\u30ea\u30ab\u5927\u7d71\u9818\u9078\u6319\u3067\u30c9\u30ca\u30eb\u30c9\u30fb\u30c8\u30e9\u30f3\u30d7\u524d\u5927\u7d71\u9818\u304c\u518d\u9078\u3092\u679c\u305f\u3057\u305f\u3002\u3053\u308c\u304b\u3089\u91d1\u878d\u5e02\u5834\u306f\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u7d4c\u6e08\u653f\u7b56\u3092\u7e54\u308a\u8fbc\u3093\u3067\u3086\u304f\u3053\u3068\u306b\u306a\u308b\u304c\u3001\u61f8\u5ff5\u3055\u308c\u308b\u306e\u306f\u30a4\u30f3\u30d5\u30ec\u306e\u518d\u52a0\u901f\u3068\u91d1\u5229\u4e0a\u6607\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u30c8\u30e9\u30f3\u30d7\u6c0f\u52dd\u5229\u3068\u91d1\u5229\u4e0a\u6607<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5927\u7d71\u9818\u9078\u6319\u3067\u306f\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\u52dd\u3063\u305f\u3002\u3053\u3053\u3067\u3082\u7d39\u4ecb\u3057\u305f\u304c\u4f55\u4eba\u304b\u306e\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306f\u4e8b\u524d\u306b\u305d\u308c\u3092\u4e88\u60f3\u3057\u3066\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u53d6\u3063\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/54540\" data-type=\"post\" data-id=\"54540\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u7c73\u56fd\u50b5\u7a7a\u58f2\u308a\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u306f10%\u3092\u8d85\u3048\u3066\u518d\u71c3\u3059\u308b\u53ef\u80fd\u6027<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/55489\" data-type=\"post\" data-id=\"55489\">\u30dd\u30fc\u30eb\u30fb\u30c1\u30e5\u30fc\u30c0\u30fc\u30fb\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\u3001\u5927\u7d71\u9818\u9078\u6319\u3067\u30a4\u30f3\u30d5\u30ec\u518d\u52a0\u901f\u3092\u4e88\u60f3\u3001\u7c73\u56fd\u50b5\u3092\u7a7a\u58f2\u308a<\/a><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u5f7c\u3089\u306e\u4e3b\u306a\u30c8\u30ec\u30fc\u30c9\u306f\u91d1\u5229\u4e0a\u6607\u3092\u4e88\u60f3\u3057\u3066\u306e\u7c73\u56fd\u50b5\u306e\u7a7a\u58f2\u308a\u3067\u3042\u308b\u3002\u65b0\u5927\u7d71\u9818\u306e\u3070\u3089\u6492\u304d\u653f\u7b56\u304c\u30a4\u30f3\u30d5\u30ec\u3092\u52a0\u901f\u3055\u305b\u308b\u3068\u4e88\u60f3\u3057\u305f\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306a\u3069\u306f\u6b21\u306e\u3088\u3046\u306b\u307e\u3067\u8a00\u3063\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u30a4\u30f3\u30d5\u30ec\u306f1970\u5e74\u4ee3\u306e\u30ec\u30d9\u30eb\u307e\u3067\u518d\u71c3\u3059\u308b\u53ef\u80fd\u6027\u3082\u3042\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">\u305d\u3057\u3066\u5b9f\u969b\u306b\u5927\u7d71\u9818\u9078\u6319\u306e\u524d\u5f8c\u3067\u91d1\u5229\u306f\u4e0a\u304c\u3063\u305f\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u9577\u671f\u91d1\u5229\u306e\u30c1\u30e3\u30fc\u30c8\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\/2024\/11\/2024-11-8-us-10-year-treasury-bond-yield-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"708\" height=\"547\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/11\/2024-11-8-us-10-year-treasury-bond-yield-chart.png\" alt=\"\" class=\"wp-image-56102\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/11\/2024-11-8-us-10-year-treasury-bond-yield-chart.png 708w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/11\/2024-11-8-us-10-year-treasury-bond-yield-chart-300x232.png 300w\" sizes=\"auto, (max-width: 708px) 100vw, 708px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u91d1\u5229\u4e0a\u6607\u3068\u682a\u5f0f\u5e02\u5834<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3057\u304b\u3057\u3053\u3053\u307e\u3067\u306f\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\u4f55\u304b\u3092\u884c\u306a\u3046\u524d\u307e\u3067\u306e\u4e8b\u524d\u4e88\u60f3\u306b\u3088\u308b\u76f8\u5834\u3067\u3042\u308b\u300211\u67087\u65e5\u306eFOMC\u4f1a\u5408\u3067\u306f\u3042\u307e\u308a\u5927\u3057\u305f\u767a\u8868\u306f\u306a\u304b\u3063\u305f\u304c\u3001\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f\u6b21\u306e\u3088\u3046\u306b\u8a00\u3063\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u77ed\u671f\u7684\u306b\u306f\u5927\u7d71\u9818\u9078\u6319\u304c\u4e2d\u592e\u9280\u884c\u306e\u653f\u7b56\u6c7a\u5b9a\u306b\u5f71\u97ff\u3092\u53ca\u307c\u3059\u3053\u3068\u306f\u306a\u3044\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3057\u304b\u3057\u539f\u5247\u3068\u3057\u3066\u3001\u653f\u6a29\u3084\u8b70\u4f1a\u306e\u63d0\u6848\u3059\u308b\u653f\u7b56\u304c\u5f90\u3005\u306b\u7d4c\u6e08\u306b\u5f71\u97ff\u3092\u53ca\u307c\u3059\u3053\u3068\u306f\u3042\u308b\u3060\u308d\u3046\u3002<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">\u30d1\u30a6\u30a8\u30eb\u6c0f\u306e\u8a00\u3046\u901a\u308a\u3001\u3053\u3053\u304b\u3089\u30c8\u30e9\u30f3\u30d7\u65b0\u5927\u7d71\u9818\u306e\u653f\u7b56\u304c\u5177\u4f53\u7684\u306b\u306a\u3063\u3066\u3086\u304f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u524d\u56de\u306e\u8a18\u4e8b\u3067\u3082\u8ff0\u3079\u305f\u901a\u308a\u3001\u91d1\u5229\u4e0a\u6607\u3068\u682a\u9ad8\u306f2016\u5e74\u306e\u30c8\u30e9\u30f3\u30d7\u76f8\u5834\u3068\u540c\u3058\u5c55\u958b\u306a\u306e\u3060\u304c\u3001\u91d1\u5229\u4e0a\u6607\u3092\u7684\u4e2d\u3055\u305b\u305f\u6a5f\u95a2\u6295\u8cc7\u5bb6\u305f\u3061\u306f\u4eca\u56de\u3001\u682a\u4fa1\u306b\u95a2\u3057\u3066\u306f\u61f8\u5ff5\u3092\u6301\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/56062\" data-type=\"post\" data-id=\"56062\">\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\u5927\u7d71\u9818\u9078\u6319\u52dd\u5229\u3067\u7c73\u56fd\u682a\u3068\u30c9\u30eb\u5186\u4e0a\u6607\u3001\u5f53\u9078\u306e\u7406\u7531\u3068\u91d1\u878d\u5e02\u5834\u306e\u53cd\u5fdc<\/a><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">2016\u5e74\u306b\u306f\u30a4\u30f3\u30d5\u30ec\u306f\u554f\u984c\u3067\u306f\u306a\u304b\u3063\u305f\u304c\u3001\u4eca\u56de\u306f\u30a4\u30f3\u30d5\u30ec\u304c\u554f\u984c\u306b\u306a\u3063\u3066\u3044\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u30a4\u30f3\u30d5\u30ec\u305d\u306e\u3082\u306e\u304c\u91d1\u5229\u4e0a\u6607\u306b\u5bc4\u4e0e\u3059\u308b\u3053\u3068\u3001\u305d\u3057\u3066\u91d1\u5229\u4e0a\u6607\u304c\u83ab\u5927\u306a\u653f\u5e9c\u50b5\u52d9\u306b\u5229\u6255\u3044\u3092\u767a\u751f\u3055\u305b\u3001\u30a2\u30e1\u30ea\u30ab\u653f\u5e9c\u306f\u56fd\u50b5\u306e\u5229\u6255\u3044\u3092\u65b0\u898f\u306e\u56fd\u50b5\u767a\u884c\u3067\u8cc4\u308f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u304f\u306a\u3063\u3066\u3044\u308b\u3053\u3068\u304b\u3089\u3001\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u666f\u6c17\u523a\u6fc0\u304c\u30a4\u30f3\u30d5\u30ec\u3092\u518d\u767a\u3055\u305b\u308c\u3070\u56fd\u50b5\u4fa1\u683c\u304c\u66b4\u843d\u3057\u3001\u91d1\u5229\u4e0a\u6607\u304c\u682a\u5f0f\u5e02\u5834\u3092\u5d29\u58ca\u3055\u305b\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3068\u3044\u3046\u4e88\u60f3\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/50057\" data-type=\"post\" data-id=\"50057\">\u30b0\u30ea\u30d5\u30a3\u30f3\u6c0f: \u7c73\u56fd\u50b5\u66b4\u843d\u3067\u30d6\u30e9\u30c3\u30af\u30de\u30f3\u30c7\u30fc\u518d\u6765\u306e\u53ef\u80fd\u6027<\/a><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u4e88\u60f3<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5b9f\u969b\u3001\u7c73\u56fd\u50b5\u306e\u72b6\u6cc1\u306f\u304b\u306a\u308a\u702c\u6238\u969b\u306b\u3042\u308b\u3002\u91d1\u5229\u4e0a\u6607\u3067\u65e2\u306b\u30a2\u30e1\u30ea\u30ab\u653f\u5e9c\u306e\u501f\u91d1\u3078\u306e\u5229\u6255\u3044\u306f\u6025\u5897\u3057\u3066\u3044\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/07\/2024-2q-us-federal-government-interest-payment-to-gdp-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"448\" height=\"466\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/07\/2024-2q-us-federal-government-interest-payment-to-gdp-chart.png\" alt=\"\" class=\"wp-image-51669\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/07\/2024-2q-us-federal-government-interest-payment-to-gdp-chart.png 448w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/07\/2024-2q-us-federal-government-interest-payment-to-gdp-chart-288x300.png 288w\" sizes=\"auto, (max-width: 448px) 100vw, 448px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u7c73\u56fd\u50b5\u3078\u306e\u61f8\u5ff5\u3092\u6700\u521d\u306b\u6301\u3061\u51fa\u3057\u305f\u306e\u306f\u30dd\u30fc\u30eb\u30fb\u30c1\u30e5\u30fc\u30c0\u30fc\u30fb\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\u3067\u3042\u308a\u3001\u5f7c\u306f\u4eca\u5e74\u306e2\u6708\u306b\u5927\u7d71\u9818\u9078\u6319\u304c\u56fd\u50b5\u5e02\u5834\u5d29\u58ca\u306e\u5f15\u304d\u91d1\u3092\u5f15\u304f\u53ef\u80fd\u6027\u304c\u3042\u308b\u3068\u8b66\u544a\u3057\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/44883\" data-type=\"post\" data-id=\"44883\">\u30c1\u30e5\u30fc\u30c0\u30fc\u30fb\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f: \u4eca\u5e74\u4e2d\u306b\u7c73\u56fd\u50b5\u66b4\u843d\u3001\u91d1\u5229\u6025\u4e0a\u6607\u306e\u53ef\u80fd\u6027 (2024\/2\/24)<\/a><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u305d\u306e\u5f8c\u6a5f\u95a2\u6295\u8cc7\u5bb6\u304c\u6b21\u3005\u306b\u540c\u3058\u4e88\u60f3\u3092\u8868\u660e\u3057\u3001\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306f5\u5e74\u4ee5\u5185\u306b\u7c73\u56fd\u50b5\u306f\u66b4\u843d\u3059\u308b\u3068\u4e3b\u5f35\u3057\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/50221\" data-type=\"post\" data-id=\"50221\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u65e5\u672c\u7d4c\u6e08\u306f\u6700\u60aa\u3060\u3001\u7c73\u56fd\u306e\u653f\u5e9c\u50b5\u52d9\u306f5\u5e74\u4ee5\u5185\u306b\u7834\u7dbb\u3059\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u91d1\u5229\u4e0a\u6607\u3068\u7c73\u56fd\u50b5\u66b4\u843d\u304c\u5e02\u5834\u7d4c\u6e08\u306b\u5371\u6a5f\u3092\u5f15\u304d\u8d77\u3053\u3059\u3068\u3044\u3046\u4e88\u60f3\u306f\u4e00\u81f4\u3057\u3066\u3044\u308b\u3002\u554f\u984c\u306f\u3001\u305d\u308c\u304c\u4eca\u306a\u306e\u304b5\u5e74\u5f8c\u306a\u306e\u304b\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u56fd\u50b5\u66b4\u843d\u306f\u3044\u3064\u304b<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7b46\u8005\u306e\u4e88\u60f3\u3092\u66f8\u3044\u3066\u304a\u3053\u3046\u3002\u7b46\u8005\u306e\u4e88\u60f3\u3067\u306f\u3001\u3053\u3053\u304b\u3089\u3059\u3050\u306b\u91d1\u5229\u4e0a\u6607\u304c\u5927\u5e45\u306a\u682a\u4fa1\u4e0b\u843d\u3092\u3082\u305f\u3089\u3059\u3053\u3068\u306f\u306a\u3044\u3002\u3080\u3057\u308d\u5e74\u5185\u306e\u61f8\u5ff5\u306f\u7d4c\u6e08\u6307\u6a19\u304c\u6e1b\u901f\u3057\u3001\u666f\u6c17\u5f8c\u9000\u61f8\u5ff5\u304c\u518d\u71c3\u3059\u308b\u3053\u3068\u306b\u3088\u308b\u682a\u4fa1\u4e0b\u843d\u3060\u308d\u3046\u3002\u5927\u7d71\u9818\u9078\u6319\u3067\u5fd8\u308c\u304c\u3061\u3060\u304c\u3001\u5931\u696d\u7387\u306e\u9ad8\u6b62\u307e\u308a\u306f\u307e\u3060\u305d\u306e\u307e\u307e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/46732\" data-type=\"post\" data-id=\"46732\">\u666f\u6c17\u5f8c\u9000\u306b\u306a\u308c\u3070\u682a\u4fa1\u306f\u5fc5\u305a\u4e0b\u843d\u3059\u308b\u306e\u304b\uff1f<\/a><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u3060\u304c\u305d\u306e\u5834\u5408\u306b\u3082\u30c8\u30e9\u30f3\u30d7\u65b0\u5927\u7d71\u9818\u306e\u666f\u6c17\u523a\u6fc0\u304c\u6765\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3060\u304b\u3089\u5f53\u9762\u306e\u30c8\u30ec\u30f3\u30c9\u306f\u91d1\u5229\u4e0a\u6607\u3068\u682a\u9ad8\u3067\u3042\u308b\u3002\u9078\u6319\u524d\u306b\u3042\u308b\u7a0b\u5ea6\u7e54\u308a\u8fbc\u3093\u3067\u3044\u308b\u304b\u3089\u77ed\u671f\u7684\u306a\u5f15\u304d\u623b\u3057\u306f\u3042\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u304c\u30011\u3064\u78ba\u5b9f\u306b\u8a00\u3048\u308b\u306e\u306f\u3001\u91d1\u5229\u304c\u5371\u6a5f\u7684\u6c34\u6e96\u307e\u3067\u4e0a\u6607\u3059\u308b\u3088\u308a\u3082\u524d\u306b\u682a\u5f0f\u5e02\u5834\u304c\u56fd\u50b5\u66b4\u843d\u61f8\u5ff5\u3067\u4e0b\u843d\u3059\u308b\u3053\u3068\u306f\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3060\u304b\u3089\u3053\u306e\u554f\u984c\u3067\u682a\u4fa1\u304c\u4e0b\u843d\u3059\u308b\u306a\u3089\u3070\u3001\u305d\u308c\u306f\u91d1\u5229\u4e0a\u6607\u304c\u5371\u6a5f\u7684\u6c34\u6e96\u306b\u5230\u9054\u3057\u3066\u304b\u3089\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002\u91d1\u5229\u304c\u4e0a\u304c\u3063\u3066\u304b\u3089\u3001\u305d\u306e\u5f8c\u306b\u91d1\u5229\u9ad8\u304c\u554f\u984c\u3068\u306a\u3063\u3066\u682a\u4fa1\u304c\u4e0b\u843d\u3059\u308b\u306e\u3067\u3042\u308b\u3002\u305d\u308c\u306b\u306f\u5c11\u306a\u304f\u3068\u3082\u6570\u30f6\u6708\u3001\u9577\u3051\u308c\u30701\u5e74\u4ee5\u4e0a\u304b\u304b\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3060\u304b\u3089\u7b46\u8005\u306f\u6709\u671b\u3060\u3068\u601d\u3063\u3066\u4fdd\u6709\u3057\u3066\u3044\u308b\u500b\u5225\u682a\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u3053\u306e\u554f\u984c\u3067\u4eca\u624b\u653e\u3059\u3053\u3068\u306f\u306a\u3044\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u307e\u305a\u6700\u521d\u306b\u91d1\u5229\u4e0a\u6607\u3068\u682a\u9ad8\u306e\u6642\u671f\u304c\u3042\u308a\u3001\u305d\u306e\u5f8c\u306b\u91d1\u5229\u4e0a\u6607\u304c\u554f\u984c\u3068\u306a\u308b\u6642\u671f\u304c\u6765\u308b\u3068\u3059\u308c\u3070\u3001\u305d\u308c\u306f\u57fa\u672c\u7684\u306b\u306f2016\u5e74\u304b\u30892018\u5e74\u307e\u3067\u306e\u30c8\u30e9\u30f3\u30d7\u76f8\u5834\u3068\u540c\u3058\u30b7\u30ca\u30ea\u30aa\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2016\u5e74\u306b\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\u6700\u521d\u306b\u5f53\u9078\u3057\u305f\u5f8c\u3001\u5e02\u5834\u306f\u682a\u9ad8\u3068\u91d1\u5229\u4e0a\u6607\u3067\u53cd\u5fdc\u3057\u305f\u304c\u3001\u305d\u306e\u5f8c\u91d1\u5229\u306f\u4e0a\u304c\u308a\u3059\u304e\u3001\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u5f15\u304d\u7de0\u3081\u653f\u7b56\u304c2018\u5e74\u306e\u4e16\u754c\u540c\u6642\u682a\u5b89\u3092\u5f15\u304d\u8d77\u3053\u3057\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7959\" data-type=\"post\" data-id=\"7959\">\u4e16\u754c\u540c\u6642\u682a\u5b89\u3092\u4e88\u60f3\u3067\u304d\u305f\u7406\u7531\u3068\u682a\u4fa1\u4e0b\u843d\u306e\u539f\u56e0 (2018\/10\/28)<\/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\/2024\/11\/late-2016-2018-s-and-p-500-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"708\" height=\"547\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/11\/late-2016-2018-s-and-p-500-chart.png\" alt=\"\" class=\"wp-image-56115\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/11\/late-2016-2018-s-and-p-500-chart.png 708w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2024\/11\/late-2016-2018-s-and-p-500-chart-300x232.png 300w\" sizes=\"auto, (max-width: 708px) 100vw, 708px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u3064\u307e\u308a\u3001\u91d1\u5229\u4e0a\u6607\u958b\u59cb\u304b\u3089\u682a\u4fa1\u306e\u4e0b\u843d\u307e\u30672\u5e74\u304b\u304b\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91d1\u5229\u4e0a\u6607\u304c\u6700\u7d42\u7684\u306b\u682a\u4fa1\u3092\u5d29\u58ca\u3055\u305b\u308b\u306e\u304b\u3068\u3044\u3046\u554f\u3044\u306b\u5bfe\u3059\u308b\u7b54\u3048\u306f\u30a4\u30a8\u30b9\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3060\u304c\u305d\u308c\u306f\u4eca\u3059\u3050\u3067\u306f\u306a\u3044\u3002\u307e\u305a\u91d1\u5229\u304c\u4e0a\u6607\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3002\u5931\u696d\u7387\u306e\u9ad8\u3055\u3092\u8003\u3048\u308c\u3070\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u306f\u304b\u306a\u308a\u5f31\u3063\u3066\u304a\u308a\u3001\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\u305d\u308c\u3092\u6301\u3061\u4e0a\u3052\u3089\u308c\u308b\u306e\u304b\u3068\u3044\u3046\u554f\u984c\u304c\u307e\u305a\u7126\u70b9\u306b\u306a\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3060\u304c\u305d\u306e\u5f8c\u306f2016\u5e74\u304b\u30892018\u5e74\u307e\u3067\u306e\u30c8\u30e9\u30f3\u30d7\u76f8\u5834\u3068\u97fb\u3092\u8e0f\u3080\u3002\u91d1\u5229\u4e0a\u6607\u3068\u56fd\u50b5\u306e\u767a\u884c\u904e\u591a\u304c\u554f\u984c\u306b\u306a\u308b\u30bf\u30a4\u30df\u30f3\u30b0\u304c\u6765\u5e74\u304b\u3089\u518d\u6765\u5e74\u306e\u9593\u306b\u6765\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u305d\u3057\u3066\u3072\u3068\u305f\u3073\u91d1\u5229\u4e0a\u6607\u304c\u554f\u984c\u3068\u306a\u308a\u3001\u56fd\u50b5\u4fa1\u683c\u304c\u4e0b\u843d\u3057\u59cb\u3081\u308b\u3068\u3001\u305d\u306e\u554f\u984c\u306f2018\u5e74\u3088\u308a\u3082\u5927\u5e45\u306b\u6df1\u523b\u306a\u3082\u306e\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f\u3092\u521d\u3081\u3068\u3057\u3066\u4eca\u5e74\u591a\u304f\u306e\u6a5f\u95a2\u6295\u8cc7\u5bb6\u304c\u8b66\u544a\u3092\u767a\u3057\u3066\u3044\u308b\u30a2\u30e1\u30ea\u30ab\u306e\u50b5\u52d9\u554f\u984c\u304c\u3001\u672c\u5f53\u306b\u554f\u984c\u3068\u306a\u308b\u30bf\u30a4\u30df\u30f3\u30b0\u306f\u305d\u306e\u6642\u3060\u308d\u3046\u3002\u3060\u304b\u3089\u30c0\u30ea\u30aa\u6c0f\u306e5\u5e74\u4ee5\u5185\u3068\u3044\u3046\u4e88\u60f3\u306f\u6050\u3089\u304f\u304b\u306a\u308a\u5f53\u305f\u3063\u3066\u3044\u308b\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\/55934\" data-type=\"post\" data-id=\"55934\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u666f\u6c17\u5f8c\u9000\u304c\u8d77\u304d\u308c\u3070\u30a2\u30e1\u30ea\u30ab\u306f\u8cc7\u91d1\u8abf\u9054\u3067\u304d\u306a\u304f\u306a\u308b<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/55210\" data-type=\"post\" data-id=\"55210\">\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f: \u7c73\u56fd\u306f\u50b5\u52d9\u5371\u6a5f\u3092\u4e57\u308a\u5207\u308b\u305f\u3081\u306b\u30c9\u30eb\u3092\u72a0\u7272\u306b\u3057\u4e0b\u843d\u3055\u305b\u308b<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>11\u67085\u65e5\u306e\u30a2\u30e1\u30ea\u30ab\u5927\u7d71\u9818\u9078\u6319\u3067\u30c9\u30ca\u30eb\u30c9\u30fb\u30c8\u30e9\u30f3\u30d7\u524d\u5927\u7d71\u9818\u304c\u518d\u9078\u3092\u679c\u305f\u3057\u305f\u3002\u3053\u308c\u304b\u3089\u91d1\u878d\u5e02\u5834\u306f\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u7d4c\u6e08\u653f\u7b56\u3092\u7e54\u308a\u8fbc\u3093\u3067\u3086\u304f\u3053\u3068\u306b\u306a\u308b\u304c\u3001\u61f8\u5ff5\u3055\u308c\u308b\u306e\u306f\u30a4\u30f3\u30d5\u30ec\u306e\u518d\u52a0\u901f\u3068\u91d1\u5229\u4e0a\u6607\u3067\u3042\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":[59,118,111,108],"tags":[],"class_list":["post-56099","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-us-bond-market","category-stock-markets","category-bond-markets"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/56099","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=56099"}],"version-history":[{"count":31,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/56099\/revisions"}],"predecessor-version":[{"id":56132,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/56099\/revisions\/56132"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=56099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=56099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=56099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}