{"id":60080,"date":"2025-02-19T20:00:00","date_gmt":"2025-02-19T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=60080"},"modified":"2025-02-20T12:27:41","modified_gmt":"2025-02-20T03:27:41","slug":"%e3%83%ac%e3%82%a4%e3%83%bb%e3%83%80%e3%83%aa%e3%82%aa%e6%b0%8f-%e9%80%9a%e8%b2%a8%e6%9a%b4%e8%90%bd%e3%82%92%e6%ad%a2%e3%82%81%e3%82%88%e3%81%86%e3%81%a8%e3%81%99%e3%82%8b%e4%b8%ad%e5%a4%ae%e9%8a%80","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/60080","title":{"rendered":"\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: 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class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/02\/2025-2-19-usdjpy-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"611\" height=\"525\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/02\/2025-2-19-usdjpy-chart.png\" alt=\"\" class=\"wp-image-60090\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/02\/2025-2-19-usdjpy-chart.png 611w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/02\/2025-2-19-usdjpy-chart-300x258.png 300w\" sizes=\"auto, (max-width: 611px) 100vw, 611px\" 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class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/57066\" data-type=\"post\" data-id=\"57066\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u65e5\u672c\u4eba\u306f\u65e5\u672c\u653f\u5e9c\u306e\u4f4e\u91d1\u5229\u653f\u7b56\u306e\u305b\u3044\u3067\u5e74\u95937%\u306e\u8cc7\u7523\u3092\u5931\u3063\u3066\u3044\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>\u901a\u8ca8\u5b89\u653f\u7b56\u3068\u901a\u8ca8\u9632\u885b<\/strong><\/p>\n\n\n\n<p>\u5186\u5b89\u3092\u3082\u305f\u3089\u3057\u305f\u5f35\u672c\u4eba\u306e\u9ed2\u7530\u5143\u7dcf\u88c1\u306f\u5f8c\u59cb\u672b\u3092\u3059\u308b\u3053\u3068\u306a\u304f\u4f55\u51e6\u304b\u306b\u6d88\u3048\u3001\u706b\u4e2d\u306e\u6817\u3092\u62fe\u3063\u305f\u5143\u6771\u5927\u306e\u690d\u7530\u7dcf\u88c1\u304c\u5f8c\u59cb\u672b\u3092\u3059\u3079\u304f\u5229\u4e0a\u3052\u3092\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u307e\u305f\u3001\u65e5\u672c\u653f\u5e9c\u306f\u3053\u3053\u6570\u5e74\u3001\u70ba\u66ff\u4ecb\u5165\u3092\u884c\u306a\u3063\u3066\u65e5\u672c\u5186\u306e\u4e0b\u843d\u3092\u6b62\u3081\u3088\u3046\u3068\u3082\u3057\u3066\u304d\u305f\u3002\u81ea\u5206\u3067\u5186\u5b89\u3092\u5f15\u304d\u8d77\u3053\u3057\u305f\u306e\u306b\u4f55\u3092\u8a00\u3063\u3066\u3044\u308b\u306e\u304b\u3068\u7d4c\u6e08\u5b66\u8005\u306e\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u306f\u3053\u308c\u3092\u76ae\u8089\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\/29450\" data-type=\"post\" data-id=\"29450\">\u30b5\u30de\u30fc\u30ba\u6c0f: \u65e5\u672c\u653f\u5e9c\u306f\u30c9\u30eb\u5186\u30671\u4eba\u7db1\u5f15\u304d\u3092\u3057\u3066\u3044\u308b (2022\/10\/10)<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306e\u6b74\u53f2\u7814\u7a76\u306b\u3088\u308c\u3070\u3001\u653f\u5e9c\u304c\u81ea\u5206\u306e\u3082\u305f\u3089\u3057\u305f\u901a\u8ca8\u5b89\u3068\u6226\u308f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u304f\u306a\u308b\u306e\u306f\u3001\u56fd\u5bb6\u306e\u5bff\u547d\u306e\u7d42\u76e4\u306b\u3088\u304f\u898b\u3089\u308c\u308b\u73fe\u8c61\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u65b0\u8457\u3067\u3001\u3053\u3046\u3044\u3046\u72b6\u6cc1\u3067\u306f\u5916\u8ca8\u6e96\u5099\u306b\u7740\u76ee\u3057\u308d\u3068\u8a00\u3063\u3066\u3044\u308b\u3002\u5916\u8ca8\u6e96\u5099\u3068\u306f\u4e2d\u592e\u9280\u884c\u304c\u4fdd\u6709\u3059\u308b\u81ea\u56fd\u901a\u8ca8\u4ee5\u5916\u306e\u8cc7\u91d1\u306e\u3053\u3068\u3067\u3001\u70ba\u66ff\u4ecb\u5165\u306b\u306f\u3053\u306e\u8cc7\u91d1\u304c\u4f7f\u308f\u308c\u308b\u3002<\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\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>\u3053\u306e\u6bb5\u968e\u3067\u306f\u591a\u304f\u306e\u5834\u5408\u3001\u8ca0\u50b5\u306b\u5bfe\u3059\u308b\u5916\u8ca8\u6e96\u5099\u306e\u5272\u5408\u306f\u6e1b\u5c11\u3057\u3066\u3086\u304f\u3002\u6700\u521d\u306e\u7406\u7531\u306f\u8ca0\u50b5\u304c\u5897\u52a0\u3059\u308b\u304b\u3089\u3060\u304c\u3001\u305d\u3053\u306b\u901a\u8ca8\u9632\u885b\u306e\u305f\u3081\u306b\u5916\u8ca8\u6e96\u5099\u304c\u53d6\u308a\u5d29\u3055\u308c\u308b\u3068\u3044\u3046\u7406\u7531\u304c\u52a0\u308f\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u5916\u8ca8\u6e96\u5099\u3092\u8ca0\u50b5\u306b\u5bfe\u3059\u308b\u6bd4\u7387\u3067\u898b\u3066\u3044\u308b\u3002\u305d\u306e\u56fd\u304c\u501f\u91d1\u3068\u6bd4\u3079\u3066\u3069\u308c\u3060\u3051\u306e\u5916\u8ca8\u6e96\u5099\u3092\u6301\u3063\u3066\u3044\u308b\u304b\u3068\u3044\u3046\u3053\u3068\u304c\u91cd\u8981\u3060\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u59cb\u3081\u306e\u3046\u3061\u306f\u653f\u5e9c\u306f\u70ba\u66ff\u4ecb\u5165\u3067\u901a\u8ca8\u5b89\u3092\u6b62\u3081\u3088\u3046\u3068\u3059\u308b\u3002\u3060\u304c\u70ba\u66ff\u5e02\u5834\u3092\u5c11\u3057\u3067\u3082\u77e5\u3063\u3066\u3044\u308b\u4eba\u306a\u3089\u3070\u3059\u3050\u306b\u5206\u304b\u308b\u3053\u3068\u3060\u304c\u3001\u70ba\u66ff\u4ecb\u5165\u306f\u713c\u3051\u77f3\u306b\u6c34\u3067\u3042\u308b\u3002\u70ba\u66ff\u5e02\u5834\u3068\u306f\u4e16\u754c\u3067\u4e00\u756a\u5de8\u5927\u306a\u5e02\u5834\u3067\u3042\u308a\u3001\u5916\u8ca8\u6e96\u5099\u3067\u3082\u81ea\u7531\u306b\u64cd\u4f5c\u3067\u304d\u308b\u3088\u3046\u306a\u3082\u306e\u3067\u306f\u306a\u3044\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u3001\u30c0\u30ea\u30aa\u6c0f\u306b\u3088\u308c\u3070\u653f\u5e9c\u306f\u3044\u305a\u308c\u70ba\u66ff\u4ecb\u5165\u3092\u8ae6\u3081\u308b\u3002\u30c0\u30ea\u30aa\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>\u653f\u5e9c\u304c\u901a\u8ca8\u9632\u885b\u3092\u8ae6\u3081\u3066\u901a\u8ca8\u3092\u3042\u308a\u306e\u307e\u307e\u306b\u4e0b\u843d\u3055\u305b\u308b\u3053\u3068\u3092\u6c7a\u3081\u305f\u5f8c\u306f\u3001\u8ca0\u50b5\u306b\u5bfe\u3059\u308b\u5916\u8ca8\u6e96\u5099\u306e\u6bd4\u7387\u306f\u56de\u5fa9\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u901a\u8ca8\u306e\u4e0b\u843d\u304c\u73fe\u5730\u901a\u8ca8\u5efa\u3066\u306e\u8ca0\u50b5\u306e\u4fa1\u5024\u3092\u4e0b\u843d\u3055\u305b\u3001\u5916\u8ca8\u6e96\u5099\u306e\u4fa1\u5024\u3092\u76f8\u5bfe\u7684\u306b\u56de\u5fa9\u3055\u305b\u3066\u3001\u56fd\u5bb6\u306f\u7af6\u4e89\u529b\u3092\u53d6\u308a\u623b\u3059\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u8208\u5473\u6df1\u3044\u306e\u306f\u3001\u30c0\u30ea\u30aa\u6c0f\u304c\u5916\u8ca8\u6e96\u5099\uff08\u5bfe\u8ca0\u50b5\uff09\u306f\u8ee2\u63db\u70b9\u306b\u304a\u3044\u3066\u4e0b\u843d\u3057\u3066\u304b\u3089\u4e0a\u6607\u3059\u308b\u3068\u8a00\u3063\u3066\u3044\u308b\u3053\u3068\u3067\u3042\u308b\u3002\u3064\u307e\u308a\u3001\u8ca0\u50b5\u306b\u5bfe\u3059\u308b\u5916\u8ca8\u6e96\u5099\u306e\u6bd4\u7387\u306b\u6ce8\u76ee\u3057\u3066\u3044\u308c\u3070\u3001\u8ee2\u63db\u70b9\u304c\u6765\u305f\u304b\u3069\u3046\u304b\u304c\u5206\u304b\u308b\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u4e2d\u592e\u9280\u884c\u304c\u70ba\u66ff\u30ec\u30fc\u30c8\u3092\u81ea\u7531\u306b\u3067\u304d\u306a\u3044\u306e\u306f\u3001\u904e\u53bb\u306b\u306f\u3044\u304f\u3089\u3067\u3082\u4f8b\u304c\u3042\u308b\u3002\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u30af\u30a9\u30f3\u30bf\u30e0\u30fb\u30d5\u30a1\u30f3\u30c9\u3067\u30dd\u30f3\u30c9\u3092\u58f2\u308a\u5d29\u3057\u305f\u30dd\u30f3\u30c9\u5371\u6a5f\u3084\u3001\u9006\u306b\u30b9\u30a4\u30b9\u56fd\u7acb\u9280\u884c\u304c\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u3092\u5b89\u304f\u56fa\u5b9a\u3059\u308b\u3053\u3068\u306b\u5931\u6557\u3057\u305f\u30b9\u30a4\u30b9\u30d5\u30e9\u30f3\u30b7\u30e7\u30c3\u30af\u306a\u3069\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3053\u3046\u3044\u3046\u6642\u306b\u6295\u8cc7\u5bb6\u304c\u8003\u3048\u308b\u3079\u304d\u306f\u3001\u653f\u5e9c\u304c\u8cb7\u3044\u652f\u3048\u3092\u3057\u3066\u3044\u308b\u9593\u306b\u305d\u306e\u901a\u8ca8\u304b\u3089\u9003\u3052\u3066\u304a\u3051\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u30c0\u30ea\u30aa\u6c0f\u306b\u3088\u308c\u3070\u3001\u305d\u306e\u8cb7\u3044\u652f\u3048\u306f\u3044\u305a\u308c\u7d42\u308f\u308b\u3002\u305d\u3057\u3066\u901a\u8ca8\u306f\u66b4\u843d\u3057\u3001\u653f\u5e9c\u306e\u671b\u307f\u901a\u308a\u306b\u653f\u5e9c\u50b5\u52d9\u306e\u5b9f\u8cea\u7684\u4fa1\u5024\u306f\u65e5\u672c\u5186\u306e\u4fa1\u5024\u3092\u9053\u9023\u308c\u306b\u7121\u306b\u5e30\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\/59954\" data-type=\"post\" data-id=\"59954\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u4e2d\u592e\u9280\u884c\u306e\u4f4e\u91d1\u5229\u653f\u7b56\u306f\u9810\u91d1\u8005\u3092\u72a0\u7272\u306b\u3057\u3066\u653f\u5e9c\u306e\u50b5\u52d9\u3092\u52a9\u3051\u308b\u305f\u3081<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u7b46\u8005\u306f\u3082\u306f\u3084\u65e5\u672c\u5186\u3082\u30c9\u30eb\u3082\u307b\u3068\u3093\u3069\u6301\u3063\u3066\u3044\u306a\u3044\u3002\u30c0\u30ea\u30aa\u6c0f\u304c\u524d\u8457\u300e<a href=\"https:\/\/amzn.to\/3IWcV1T\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e16\u754c\u79e9\u5e8f\u306e\u5909\u5316\u306b\u5bfe\u51e6\u3059\u308b\u305f\u3081\u306e\u539f\u5247<\/a>\u300f\u3067\u89e3\u8aac\u3057\u305f\u901a\u308a\u3001\u7d19\u5e63\u306e\u4e0b\u843d\u306f\u9577\u671f\u7684\u306b\u306f\u907f\u3051\u3089\u308c\u306a\u3044\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/59316\" data-type=\"post\" data-id=\"59316\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u653f\u5e9c\u306b\u3088\u308b\u8cc7\u7523\u6ca1\u53ce\u306b\u5099\u3048\u3066\u30b4\u30fc\u30eb\u30c9\u306a\u3069\u6ca1\u53ce\u3055\u308c\u306b\u304f\u3044\u8cc7\u7523\u306b\u6295\u8cc7\u305b\u3088<\/a><\/li>\n<\/ul>\n\n\n\n<a href=\"https:\/\/amzn.to\/3xlpTUc\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/m.media-amazon.com\/images\/I\/81CZHKszf9L._SL160_.jpg\"><\/a><br><a href=\"https:\/\/amzn.to\/3xlpTUc\" target=\"_blank\" rel=\"noreferrer noopener\">\u4e16\u754c\u79e9\u5e8f\u306e\u5909\u5316\u306b\u5bfe\u51e6\u3059\u308b\u305f\u3081\u306e\u539f\u5247<\/a>\n","protected":false},"excerpt":{"rendered":"<p>\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9Bridgewater\u5275\u696d\u8005\u306e\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u304c\u81ea\u8eab\u306e\u30d6\u30ed\u30b0\u3067\u65b0\u8457\u300e\u56fd\u5bb6\u306f\u3069\u306e\u3088\u3046\u306b\u3057\u3066\u4e00\u6587\u7121\u3057\u306b\u306a\u308b\u306e\u304b\uff1f\u300f\uff08\u4eee\u8a33\uff09\u306e\u5185\u5bb9\u3092\u7d39\u4ecb\u3057\u3066\u3044\u308b\u3002 \u4eca\u56de\u306f\u65e5\u672c\u5186\u306e\u904b\u547d\u3092\u4e88\u60f3\u3057\u305f\u3088\u3046\u306a\u901a\u8ca8\u306b\u95a2\u3059\u308b\u30c0\u30ea\u30aa\u6c0f\u306e &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/60080\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u901a\u8ca8\u66b4\u843d\u3092\u6b62\u3081\u3088\u3046\u3068\u3059\u308b\u4e2d\u592e\u9280\u884c\u306f\u3084\u304c\u3066\u8ae6\u3081\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":[120,19],"tags":[102],"class_list":["post-60080","post","type-post","status-publish","format-standard","hentry","category-usdjpy","category-foreign-exchange-market","tag-ray-dalio"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/60080","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=60080"}],"version-history":[{"count":61,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/60080\/revisions"}],"predecessor-version":[{"id":60153,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/60080\/revisions\/60153"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=60080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=60080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=60080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}