{"id":60906,"date":"2025-03-06T20:17:04","date_gmt":"2025-03-06T11:17:04","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=60906"},"modified":"2025-03-06T20:17:05","modified_gmt":"2025-03-06T11:17:05","slug":"%e3%83%ac%e3%82%a4%e3%83%bb%e3%83%80%e3%83%aa%e3%82%aa%e6%b0%8f-%e7%b1%b3%e5%9b%bd%e3%81%ae%e3%82%a4%e3%83%b3%e3%83%95%e3%83%ac%e9%80%a3%e5%8b%95%e5%9b%bd%e5%82%b5%e3%81%af%e8%87%aa%e5%88%86%e3%81%8c","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/60906","title":{"rendered":"\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: 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class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u91d1\u5229\u306f\u91cd\u8981\u3060\u304c\u3001\u5b9f\u8cea\u91d1\u5229\u306f\u66f4\u306b\u91cd\u8981\u3060\u3002\u5bcc\u306e\u8caf\u8535\u624b\u6bb5\u3068\u3057\u3066\u56fd\u50b5\u304c\u9b45\u529b\u7684\u304b\u3069\u3046\u304b\u3092\u6559\u3048\u3066\u304f\u308c\u308b\u304b\u3089\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u5b9f\u8cea\u91d1\u5229\u3068\u306f\u3001\u91d1\u5229\u304b\u3089\u30a4\u30f3\u30d5\u30ec\u7387\u3092\u5f15\u3044\u305f\u3082\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4f55\u6545\u305d\u308c\u304c\u91cd\u8981\u304b\u3068\u8a00\u3048\u3070\u3001\u91d1\u5229\u304c\u9ad8\u304f\u3068\u3082\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u305d\u308c\u3088\u308a\u9ad8\u3051\u308c\u3070\u3001\u56fd\u50b5\u306e\u4fdd\u6709\u8005\u306f\u5f97\u3092\u3057\u305f\u3068\u306f\u8a00\u3048\u306a\u304f\u306a\u308b\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4f8b\u3048\u3070\u91d1\u5229\u304c10%\u3067\u3082\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u304c50%\u306a\u3089\u30011\u5e74\u5f8c\u306b\u306f40%\u5206\u3042\u306a\u305f\u306e\u8cc7\u7523\u306e\u5b9f\u8cea\u7684\u4fa1\u5024\u306f\u6e1b\u3063\u3066\u3044\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u30c0\u30ea\u30aa\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a00\u3046\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u308f\u305f\u3057\u306e\u610f\u898b\u3067\u306f\u3001\u56fd\u50b5\u306e\u5b9f\u8cea\u5229\u56de\u308a\u306f\u91d1\u878d\u5e02\u5834\u3067\u3082\u3063\u3068\u3082\u91cd\u8981\u306a\u6570\u5b57\u3060\u3002\u4f55\u6545\u306a\u3089\u3070\u3001\u305d\u308c\u306f\u3042\u306a\u305f\u304c\u81ea\u5206\u306e\u5bcc\u306b\u5bfe\u3057\u3066\u78ba\u304b\u306b\u5f97\u3089\u308c\u308b\u5b9f\u8cea\u306e\u30ea\u30bf\u30fc\u30f3\u3092\u793a\u3057\u3066\u3044\u308b\u304b\u3089\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u5358\u306b\u91d1\u5229\u3092\u898b\u308b\u306e\u3067\u306f\u306a\u304f\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u3092\u5dee\u3057\u5f15\u3044\u305f\u5b9f\u8cea\u91d1\u5229\u3053\u305d\u304c\u56fd\u50b5\u306b\u5bfe\u3059\u308b\u672c\u5f53\u306e\u30ea\u30bf\u30fc\u30f3\u3067\u3042\u308a\u3001\u30a4\u30f3\u30d5\u30ec\u3067\u7d19\u5e63\u306e\u4fa1\u5024\u304c\u76ee\u6e1b\u308a\u3059\u308b\u3053\u3068\u3092\u7e70\u308a\u8fd4\u3057\u8b66\u544a\u3057\u3066\u3044\u308b\u30c0\u30ea\u30aa\u6c0f\u304c\u5b9f\u8cea\u91d1\u5229\u306e\u91cd\u8981\u6027\u3092\u5f37\u8abf\u3059\u308b\u306e\u306f\u5f53\u7136\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/60143\" data-type=\"post\" data-id=\"60143\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u30a4\u30f3\u30d5\u30ec\u3068\u901a\u8ca8\u5b89\u3067\u6700\u5f8c\u307e\u3067\u7d19\u5e63\u3092\u6301\u3063\u3066\u3044\u308b\u4eba\u3005\u304c\u5927\u640d\u3059\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304b\u3089\u56fd\u50b5\u306e\u5b9f\u8cea\u91d1\u5229\u3053\u305d\u304c\u3059\u3079\u3066\u306e\u91d1\u878d\u5e02\u5834\u306e\u57fa\u76e4\u3067\u3042\u308b\u3002\u305d\u3057\u3066\u305d\u308c\u4ee5\u4e0a\u306e\u30ea\u30bf\u30fc\u30f3\u3092\u3069\u308c\u3060\u3051\u4eba\u3005\u304c\u6c42\u3081\u308b\u304b\u306b\u3088\u3063\u3066\u3001\u4e0d\u52d5\u7523\u3084\u682a\u5f0f\u306a\u3069\u306e\u4fa1\u683c\u304c\u6c7a\u307e\u3063\u3066\u3086\u304f\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>\u56fd\u50b5\u306e\u5b9f\u8cea\u91d1\u5229\u306f\u91d1\u878d\u5e02\u5834\u5168\u4f53\u306e\u57fa\u790e\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u305d\u306e\u6570\u5b57\u306f\u3001\u305d\u308c\u4ee5\u4e0a\u306e\u30ea\u30bf\u30fc\u30f3\u3092\u5f97\u308b\u305f\u3081\u306b\u306f\u982d\u3092\u4f7f\u3046\u5fc5\u8981\u304c\u3042\u308b\u3053\u3068\u3092\u610f\u5473\u3057\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u5b9f\u8cea\u91d1\u5229\u3068\u30c0\u30ea\u30aa\u6c0f<\/strong><\/p>\n\n\n\n<p>\u3055\u3066\u3001\u3053\u3053\u307e\u3067\u306f\u30b0\u30ed\u30fc\u30d0\u30eb\u30de\u30af\u30ed\u6226\u7565\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u306a\u3089\u3070\u3001\u8ab0\u3067\u3082\u540c\u3058\u3053\u3068\u3092\u8a00\u3046\u3060\u308d\u3046\u3002\u5b9f\u8cea\u91d1\u5229\u306f\u91d1\u878d\u5e02\u5834\u3067\u3082\u3063\u3068\u3082\u91cd\u8981\u306a\u6570\u5b57\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u30c0\u30ea\u30aa\u6c0f\u3068\u5b9f\u8cea\u91d1\u5229\u306e\u4ed8\u304d\u5408\u3044\u306f\u5358\u306b\u305d\u308c\u3060\u3051\u306e\u3082\u306e\u3067\u306f\u306a\u3044\u3089\u3057\u3044\u3002\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>10\u5e74\u7269\u56fd\u50b5\u306e\u5b9f\u8cea\u91d1\u5229\u3068\u306f\u9577\u3044\u4ed8\u304d\u5408\u3044\u3060\u3002<\/p>\n\n\n\n<p>\u307e\u3060\u30a2\u30e1\u30ea\u30ab\u306b\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u56fd\u50b5\u304c\u306a\u304b\u3063\u305f\u6642\u3001\u308f\u305f\u3057\u306f\u4f55\u5e74\u3082\u306e\u9593\u3001\u30a2\u30e1\u30ea\u30ab\u4ee5\u5916\u306e\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u50b5\u306b\u6295\u8cc7\u3057\u3001\u304b\u3064\u70ba\u66ff\u30ea\u30b9\u30af\u3092\u30d8\u30c3\u30b8\u3059\u308b\u3053\u3068\u306b\u3088\u3063\u3066\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u50b5\u306b\u76f8\u5f53\u3059\u308b\u3082\u306e\u3092\u5408\u6210\u3057\u3066\u3044\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>10\u5e74\u7269\u56fd\u50b5\u306e\u5b9f\u8cea\u91d1\u5229\u3068\u306f\u8a00\u3046\u304c\u300110\u5e74\u5f8c\u306b\u30ea\u30bf\u30fc\u30f3\u304c\u3069\u3046\u306a\u3063\u3066\u3044\u308b\u304b\u304c\u91cd\u8981\u306a\u306e\u3060\u304b\u3089\u3001\u5b9f\u8cea\u91d1\u5229\u3092\u7b97\u51fa\u3059\u308b\u305f\u3081\u306b\u306f\u3001\u4eca\u5f8c10\u5e74\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u304c\u5206\u304b\u3089\u306a\u3051\u308c\u3070\u300110\u5e74\u7269\u56fd\u50b5\u306e\u5b9f\u8cea\u91d1\u5229\u306f\u5206\u304b\u3089\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u4eca\u5f8c10\u5e74\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306e\u5e02\u5834\u4e88\u60f3\u3092\u53cd\u6620\u3057\u3066\u91d1\u5229\u304c\u6c7a\u307e\u308b\u3088\u3046\u306b\u8a2d\u8a08\u3055\u308c\u305f\u3082\u306e\u304c\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u7c73\u56fd\u50b5\u3067\u3042\u308a\u3001\u56fd\u50b5\u306e\u5b9f\u8cea\u91d1\u5229\u3068\u8a00\u3048\u3070\u3053\u306e\u9023\u52d5\u50b5\u306e\u91d1\u5229\u304c\u4e00\u822c\u306b\u4f7f\u308f\u308c\u3066\u3044\u308b\u3002\u7b46\u8005\u304c\u30b0\u30e9\u30d5\u3092\u793a\u3059\u3068\u304d\u3082\u305d\u306e\u6570\u5b57\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u4f4e\u30ea\u30b9\u30af\u306e\u8cc7\u7523\u904b\u7528\u6cd5<\/strong><\/p>\n\n\n\n<p>\u3060\u304c\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u50b5\u306f30\u5e74\u307b\u3069\u524d\u306b\u4f5c\u3089\u308c\u305f\u3082\u306e\u3067\u3042\u308a\u3001\u305d\u308c\u3088\u308a\u524d\u306b\u306f\u305d\u3093\u306a\u4fbf\u5229\u306a\u3082\u306e\u306f\u30a2\u30e1\u30ea\u30ab\u306b\u306f\u306a\u304b\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u30c0\u30ea\u30aa\u6c0f\u306f\u4ed6\u56fd\u306e\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u50b5\u3092\u4f7f\u3063\u3066\u81ea\u5206\u3067\u305d\u308c\u3092\u5408\u6210\u3057\u305f\u3002\u30c0\u30ea\u30aa\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\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>\u305d\u308c\u304c\u751f\u307e\u308c\u305f\u306e\u306f\u3001\u5049\u5927\u306a\u6295\u8cc7\u5bb6\u3067\u3042\u308b\u30ed\u30c3\u30af\u30d5\u30a7\u30e9\u30fc\u8ca1\u56e3\u306e\u30c7\u30a4\u30f4\u30a3\u30c3\u30c9\u30fb\u30db\u30ef\u30a4\u30c8\u6c0f\u304c\u3001\u5e74\u306b\u8cc7\u7523\u306e5%\u3092\u5bc4\u4ed8\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u306e\u3067\u3001\u305d\u306e\u304a\u91d1\u3092\u637b\u51fa\u3059\u308b\u305f\u3081\u306b\u4e00\u756a\u78ba\u304b\u306a\u6295\u8cc7\u306e\u3084\u308a\u65b9\u3092\u6559\u3048\u3066\u307b\u3057\u3044\u3068\u308f\u305f\u3057\u306b\u983c\u3093\u3067\u304d\u305f\u304b\u3089\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u78ba\u5b9f\u306a\u5e745%\u306e\u30ea\u30bf\u30fc\u30f3\u3068\u306f\u3001\u30c0\u30ea\u30aa\u6c0f\u307b\u3069\u306e\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u306b\u3082\u306a\u304b\u306a\u304b\u96e3\u554f\u3060\u3063\u305f\u306f\u305a\u3067\u3042\u308b\u3002\u3053\u306e\u96e3\u554f\u306b\u7b54\u3048\u308b\u305f\u3081\u3001\u30c0\u30ea\u30aa\u6c0f\u306f\u6b21\u306e\u65b9\u6cd5\u3092\u601d\u3044\u3064\u3044\u305f\u3002<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u3060\u304b\u3089\u308f\u305f\u3057\u306f\u6d77\u5916\u306e\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u50b5\u3092\u70ba\u66ff\u30d8\u30c3\u30b8\u3057\u3001\u305d\u308c\u306b\u30ec\u30d0\u30ec\u30c3\u30b8\u3092\u304b\u3051\u308b\u3053\u3068\u3092\u601d\u3044\u3064\u3044\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3053\u306e\u65b9\u6cd5\u306f\u4eca\u3067\u3082\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30d0\u30f3\u30ab\u30fc\u306a\u3069\u304c\u597d\u3093\u3067\u3044\u308b\u65b9\u6cd5\u3067\u3042\u308b\u3002\u5916\u56fd\u306e\u50b5\u5238\u3092\u70ba\u66ff\u30d8\u30c3\u30b8\u3057\u3066\u3001\u53ef\u80fd\u306a\u3089\u3070\u30ec\u30d0\u30ec\u30c3\u30b8\u3092\u639b\u3051\u308b\u3053\u3068\u306b\u3088\u3063\u3066\u3001\u9650\u308a\u306a\u304f\u30ea\u30b9\u30af\u306e\u4f4e\u3044\u6295\u8cc7\u5546\u54c1\u3092\u5408\u6210\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u305d\u308c\u3092\u3069\u3046\u3084\u3089\u521d\u3081\u306b\u601d\u3044\u3064\u3044\u305f\u3089\u3057\u3044\u3002\u305d\u308c\u4ee5\u6765\u3001Bridgewater\u306f\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u50b5\u306e\u5c02\u9580\u5bb6\u3068\u3057\u3066\u540d\u524d\u304c\u77e5\u3089\u308c\u308b\u3088\u3046\u306b\u306a\u3063\u305f\u3068\u3044\u3046\u3002<\/p>\n\n\n\n<p><strong>\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u56fd\u50b5\u306e\u8a95\u751f<\/strong><\/p>\n\n\n\n<p>\u3053\u306e\u3088\u3046\u306b\u3001\u30a2\u30e1\u30ea\u30ab\u306b\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u56fd\u50b5\u304c\u51fa\u6765\u308b\u524d\u307e\u3067\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u30ea\u30b9\u30af\u3092\u30d8\u30c3\u30b8\u3057\u3066\u91d1\u5229\u53ce\u5165\u3092\u5f97\u308b\u3053\u3068\u306f\u306a\u304b\u306a\u304b\u5927\u5909\u3060\u3063\u305f\u3089\u3057\u3044\u3002<\/p>\n\n\n\n<p>\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306f\u3001\u53c2\u8003\u306b\u3059\u308b\u5b9f\u8cea\u91d1\u5229\u306e\u30b0\u30e9\u30d5\u3082\u5b58\u5728\u3057\u306a\u3044\u3002\u4eca\u3067\u3082\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u56fd\u50b5\u306e\u8a95\u751f\u524d\u306e\u5b9f\u8cea\u91d1\u5229\u306e\u30c7\u30fc\u30bf\u304c\u6b32\u3057\u3044\u6642\u3001\u4ee3\u308f\u308a\u306b\u3069\u306e\u30c7\u30fc\u30bf\u3092\u4f7f\u3048\u3070\u9069\u5207\u304b\u306f\u306a\u304b\u306a\u304b\u96e3\u3057\u3044\u554f\u984c\u3067\u3042\u308b\u3002\u5b9f\u969b\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u3067\u306f10\u5e74\u7269\u56fd\u50b5\u306e\u91d1\u5229\u3068\u6642\u9593\u304c\u5408\u308f\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u3060\u304b\u3089\u3001\u8ab0\u304b\u306f\u77e5\u3089\u306a\u3044\u304c\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u56fd\u50b5\u3092\u4f5c\u3063\u305f\u4eba\u7269\u306b\u611f\u8b1d\u3057\u3088\u3046\u3067\u306f\u306a\u3044\u304b\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>Bridgewater\u306f\u305d\u308c\u306b\u3088\u3063\u3066\u4e16\u754c\u6700\u5927\u306e\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u50b5\u904b\u7528\u4f1a\u793e\u306b\u306a\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u30e9\u30ea\u30fc\u30fb\u30b5\u30de\u30fc\u30ba\u6c0f\u304c\u8ca1\u52d9\u9577\u5b98\u306b\u306a\u3063\u305f\u6642\u3001\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u7c73\u56fd\u50b5\uff08TIPS\uff09\u306e\u8a2d\u8a08\u3092\u3084\u308b\u3088\u3046\u983c\u307e\u308c\u305f\u306e\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3042\u306a\u305f\u3060\u3063\u305f\u306e\u304b\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u3068\u3044\u3046\u3053\u3068\u3067\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u56fd\u50b5\u3092\u4f5c\u3063\u305f\u306e\u306f\u30c0\u30ea\u30aa\u6c0f\u3067\u3042\u308b\u3089\u3057\u3044\u3002\u7b46\u8005\u306f\u30c0\u30ea\u30aa\u6c0f\u306b\u611f\u8b1d\u3059\u3079\u304d\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u307e\u305f\u3001\u30c0\u30ea\u30aa\u6c0f\u306f\u4f5c\u6210\u8005\u3068\u3057\u3066\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>\u4e16\u754c\u4e2d\u306b\u5b58\u5728\u3059\u308b\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u50b5\u306f\u6975\u3081\u3066\u904e\u5c0f\u8a55\u4fa1\u3055\u308c\u3066\u3044\u308b\u3002\u305d\u306e\u30dd\u30c6\u30f3\u30b7\u30e3\u30eb\u3092\u8003\u3048\u308c\u3070\u3082\u3063\u3068\u4f7f\u308f\u308c\u308b\u3079\u304d\u3060\u3068\u601d\u3046\u3002<\/p>\n\n\n\n<p>\u8aad\u8005\u3082\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u50b5\u3092\u6307\u6a19\u3068\u3057\u3066\u76e3\u8996\u3059\u308b\u3079\u304d\u3060\u3057\u3001\u5bcc\u306e\u8caf\u8535\u624b\u6bb5\u3068\u3057\u3066\u3082\u4f7f\u3046\u3079\u304d\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u30d8\u30c3\u30b8\u306e\u8cc7\u7523\u3068\u3057\u3066\u306f\u3001\u4f55\u3088\u308a\u3082\u307e\u305a\u30b4\u30fc\u30eb\u30c9\u304c\u4e0a\u304c\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/60835\" data-type=\"post\" data-id=\"60835\">\u30d8\u30a4\u30b3\u30c3\u30af\u6c0f: \u30b4\u30fc\u30eb\u30c9\u306f\u307e\u3060\u307e\u3060\u904e\u5c0f\u8a55\u4fa1\u3055\u308c\u3066\u3044\u308b\u3001\u672c\u683c\u7684\u306a\u91d1\u4fa1\u683c\u4e0a\u6607\u306f\u3053\u3053\u304b\u3089<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306a\u3069\u6697\u53f7\u901a\u8ca8\u3092\u6319\u3052\u308b\u4eba\u3082\u3044\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/59268\" data-type=\"post\" data-id=\"59268\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u7c73\u56fd\u306e\u50b5\u52d9\u5371\u6a5f\u3067\u30b4\u30fc\u30eb\u30c9\u3084\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u304c\u4e0a\u304c\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c\u898b\u843d\u3068\u3055\u308c\u3066\u3044\u308b\u3082\u306e\u304c\u3042\u308b\u3002\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u56fd\u50b5\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u73fe\u72b6\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u56fd\u50b5\u306f\u4eca\u5f8c\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306b\u52a0\u3048\u3066\u66f4\u306b2%\u306e\u91d1\u5229\u304c\u4fdd\u8a3c\u3055\u308c\u3066\u3044\u308b\u3002\u30a4\u30f3\u30d5\u30ec\u304c\u60aa\u5316\u3059\u308b\u3068\u4e88\u60f3\u3059\u308b\u4eba\u306b\u3068\u3063\u3066\u306f\u60aa\u304f\u306a\u3044\u30ea\u30bf\u30fc\u30f3\u3067\u3042\u308b\u306f\u305a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u9023\u52d5\u50b5\u306fETF\u306b\u3082\u306a\u3063\u3066\u3044\u308b\u3002\u30c6\u30a3\u30c3\u30ab\u30fc\u30b7\u30f3\u30dc\u30eb\u306fTIP\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\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\u3001\u5148\u9032\u56fd\u306e\u81a8\u5f35\u3057\u305f\u50b5\u52d9\u306f\u6700\u7d42\u7684\u306b\u306f\u30a4\u30f3\u30d5\u30ec\u3067\u89e3\u6c7a\u3055\u308c\u308b\u307b\u304b\u306a\u3044\u3068\u4e88\u60f3\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u30d8\u30c3\u30b8\u306f\u5fc5\u8981\u3060\u308d\u3046\u3002\u8aad\u8005\u306f\u4f55\u3092\u9078\u3076\u3060\u308d\u3046\u304b\u3002<\/p>\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 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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":[118,108],"tags":[102],"class_list":["post-60906","post","type-post","status-publish","format-standard","hentry","category-us-bond-market","category-bond-markets","tag-ray-dalio"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/60906","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=60906"}],"version-history":[{"count":88,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/60906\/revisions"}],"predecessor-version":[{"id":60994,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/60906\/revisions\/60994"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=60906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=60906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=60906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}