{"id":6093,"date":"2017-04-19T07:39:12","date_gmt":"2017-04-18T22:39:12","guid":{"rendered":"http:\/\/www.globalmacroresearch.org\/jp\/?p=6093"},"modified":"2025-10-10T17:38:13","modified_gmt":"2025-10-10T08:38:13","slug":"%e4%b8%96%e7%95%8c%e6%9c%80%e5%a4%a7%e3%81%ae%e3%83%98%e3%83%83%e3%82%b8%e3%83%95%e3%82%a1%e3%83%b3%e3%83%89%e3%81%8c%e5%80%8b%e4%ba%ba%e6%8a%95%e8%b3%87%e5%ae%b6%e3%81%ab%e5%8a%a9%e8%a8%80%e3%81%99","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/6093","title":{"rendered":"\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u304c\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u52a9\u8a00\u3059\u308b"},"content":{"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\u304cBusiness Insider\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\uff08<a href=\"http:\/\/www.businessinsider.com\/bridgewaters-ray-dalio-advice-to-individual-investors-2017-4\" target=\"_blank\" rel=\"noopener\">\u539f\u6587\u82f1\u8a9e<\/a>\uff09\u306b\u7b54\u3048\u3001\u4e00\u554f\u4e00\u7b54\u5f62\u5f0f\u3067\u500b\u4eba\u6295\u8cc7\u5bb6\u3078\u306e\u30a2\u30c9\u30d0\u30a4\u30b9\u3092\u884c\u306a\u3063\u3066\u3044\u308b\u3002\u306a\u304b\u306a\u304b\u9762\u767d\u3044\u5185\u5bb9\u3068\u306a\u3063\u3066\u3044\u308b\u306e\u3067\u3001\u3053\u3053\u306b\u7d39\u4ecb\u3057\u305f\u3044\u3002<\/p>\n<p><!--more--><strong>\u6295\u8cc7\u5bb6\u306f\u3069\u3046\u3044\u3046\u6295\u8cc7\u3092\u3059\u3079\u304d\u304b\uff1f<\/strong><\/p>\n<p>\u6295\u8cc7\u306b\u306f\u77ed\u671f\u58f2\u8cb7\u3001\u9577\u671f\u58f2\u8cb7\u3001\u682a\u5f0f\u6295\u8cc7\u3001\u50b5\u5238\u6295\u8cc7\u3001\u5916\u8ca8\u6295\u8cc7\u306a\u3069\u69d8\u3005\u306a\u3082\u306e\u304c\u3042\u308b\u304c\u3001\u5148\u305a\u306f\u3053\u306e\u8cea\u554f\u306b\u5bfe\u3057\u3066\u30c0\u30ea\u30aa\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u7b54\u3048\u3066\u3044\u308b\u3002<\/p>\n<blockquote>\n<p>\u6295\u8cc7\u5bb6\u306f\u5206\u6563\u3055\u308c\u305f\u30d0\u30e9\u30f3\u30b9\u306e\u3088\u3044\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u69cb\u6210\u3059\u308b\u3079\u304d\u3060\u3002\u305d\u3057\u3066\u81ea\u5206\u306e\u6295\u8cc7\u5224\u65ad\u3067\u983b\u7e41\u306b\u58f2\u308a\u8cb7\u3044\u3092\u7e70\u308a\u8fd4\u3059\u3079\u304d\u3067\u306f\u306a\u3044\u3002<\/p>\n<p>\u77ed\u671f\u58f2\u8cb7\u3092\u3059\u308b\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u6bce\u5e74\u4f55\u5104\u30c9\u30eb\u3082\u306e\u8cc7\u91d1\u3092\u8cbb\u3084\u3057\u3066\u5e02\u5834\u3067\u52dd\u8ca0\u3057\u3066\u3044\u308b\u308f\u308c\u308f\u308c\u306e\u3088\u3046\u306a\u6a5f\u95a2\u6295\u8cc7\u5bb6\u3092\u76f8\u624b\u306b\u30dd\u30fc\u30ab\u30fc\u3092\u3084\u308b\u3088\u3046\u306a\u3082\u306e\u3060\u3002\u305d\u308c\u304c\u500b\u4eba\u6295\u8cc7\u5bb6\u306e\u6226\u308f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u76f8\u624b\u306a\u306e\u3060\u3002\u305d\u308c\u306f\u7121\u7406\u3060\u3002\u305d\u3093\u306a\u3053\u3068\u3092\u3057\u3066\u306f\u3044\u3051\u306a\u3044\u3002<\/p>\n<p>\u3060\u304b\u3089\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u52e7\u3081\u308b\u306e\u306f\u3001\u30d0\u30e9\u30f3\u30b9\u306e\u53d6\u308c\u305f\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u69cb\u6210\u3059\u308b\u65b9\u6cd5\u3092\u5b66\u3073\u3001\u305d\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u305f\u3060\u30db\u30fc\u30eb\u30c9\u3059\u308b\u3053\u3068\u3060\u3002<\/p>\n<\/blockquote>\n<p>\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306e\u3088\u3046\u306a\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306f\u3001\u5358\u306b\u672c\u4eba\u304c\u91d1\u878d\u5e02\u5834\u306b\u304a\u3051\u308b\u8c4a\u5bcc\u306a\u77e5\u8b58\u3068\u7d4c\u9a13\u3001\u305d\u3057\u3066\u624d\u80fd\u306b\u304a\u3044\u3066\u500b\u4eba\u6295\u8cc7\u5bb6\u3092\u4e0a\u56de\u3063\u3066\u3044\u308b\u3068\u3044\u3046\u3060\u3051\u3067\u306f\u306a\u3044\u3002<\/p>\n<p>\u4ed6\u306e\u6295\u8cc7\u304b\u3089\u8cc7\u7523\u3092\u9810\u304b\u3063\u3066\u6295\u8cc7\u3092\u3059\u308b\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u4e00\u4eba\u306e\u8cc7\u7523\u3092\u904b\u7528\u3059\u308b\u3088\u308a\u3082\u904b\u7528\u984d\u304c\u81a8\u5927\u306b\u306a\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308a\u3001\u305d\u308c\u3060\u3051\u591a\u304f\u306e\u4e88\u7b97\u3092\u30ea\u30b5\u30fc\u30c1\u3084\u30c8\u30ec\u30fc\u30c7\u30a3\u30f3\u30b0\u306b\u5272\u304f\u3053\u3068\u304c\u51fa\u6765\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n<p>\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306f\u3001\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u3092\u6253\u3061\u8ca0\u304b\u3059\u3060\u3051\u3067\u3082\u96e3\u984c\u3067\u3042\u308b\u306e\u306b\u3001\u30c0\u30ea\u30aa\u6c0f\u306f\u66f4\u306b\u591a\u304f\u306e\u7d4c\u9a13\u8c4a\u5bcc\u306a\u30a2\u30ca\u30ea\u30b9\u30c8\u3084\u30c8\u30ec\u30fc\u30c0\u30fc\u3092\u96c7\u3044\u3001\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3068\u3044\u3046\u30d7\u30ed\u306e\u96c6\u56e3\u3068\u3057\u3066\u5e02\u5834\u3067\u6226\u3063\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n<p>\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u4e00\u3064\u306e\u5e02\u5834\u3092\u30ea\u30b5\u30fc\u30c1\u3057\u3066\u3044\u308b\u9593\u306b\u3001\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u306e\u512a\u79c0\u306a\u30a2\u30ca\u30ea\u30b9\u30c8\u30c1\u30fc\u30e0\u306f\u3001\u5341\u4ee5\u4e0a\u306e\u5e02\u5834\u306b\u3064\u3044\u3066\u3001\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u4e00\u3064\u306e\u5e02\u5834\u3067\u884c\u3046\u3088\u308a\u3082\u3088\u307b\u3069\u6df1\u3044\u8003\u5bdf\u3092\u6e08\u307e\u305b\u3066\u3057\u307e\u3046\u3060\u308d\u3046\u3002\u52dd\u8ca0\u306b\u306a\u308b\u306f\u305a\u304c\u306a\u3044\u306e\u3067\u3042\u308b\u3002\u30d7\u30ed\u306e\u6295\u8cc7\u5bb6\u306f\u7686\u305d\u308c\u3092\u77e5\u3063\u3066\u3044\u308b\u304c\u3001\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u305d\u308c\u3092\u5b9f\u611f\u3068\u3057\u3066\u7406\u89e3\u3059\u308b\u3053\u3068\u306f\u96e3\u3057\u3044\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u591a\u304f\u306e\u4eba\u3005\u306b\u3068\u3063\u3066\u3001\u91d1\u878d\u696d\u754c\u306e\u5185\u90e8\u3092\u76ee\u306b\u3059\u308b\u6a5f\u4f1a\u306f\u306a\u3044\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n<p>\u307e\u305f\u3001\u682a\u5f0f\u5e02\u5834\u3060\u3051\u306b\u6c17\u3092\u914d\u308b\u682a\u5f0f\u6295\u8cc7\u5bb6\u306f\u3001\u682a\u5f0f\u5e02\u5834\u3068\u50b5\u5238\u5e02\u5834\u3001\u305d\u3057\u3066\u70ba\u66ff\u5e02\u5834\u3092\u7db2\u7f85\u3059\u308b\u30d7\u30ed\u306e\u6295\u8cc7\u5bb6\u306b\u3001\u682a\u5f0f\u5e02\u5834\u306b\u304a\u3044\u3066\u3082\u5f8c\u5875\u3092\u62dd\u3057\u3066\u3044\u308b\u3068\u8a00\u308f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3002\u3059\u3079\u3066\u306e\u5e02\u5834\u306f\u7e4b\u304c\u3063\u3066\u304a\u308a\u3001\u91d1\u5229\u3084\u70ba\u66ff\u30ec\u30fc\u30c8\u306a\u3069\u3001\u91d1\u878d\u5e02\u5834\u306e\u69d8\u3005\u306a\u8981\u7d20\u304c\u682a\u5f0f\u5e02\u5834\u306b\u5f71\u97ff\u3059\u308b\u304b\u3089\u3067\u3042\u308b\u3002\u3053\u306e\u4e8b\u5b9f\u306b\u3064\u3044\u3066\u306f\u3084\u306f\u308a\u3001\u300e<a href=\"https:\/\/amzn.to\/45klFLl\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">\u30de\u30fc\u30b1\u30c3\u30c8\u306e\u9b54\u8853\u5e2b<\/a>\u300f\u306b\u304a\u3051\u308b\u30b8\u30e0\u30fb\u30ed\u30b8\u30e3\u30fc\u30ba\u6c0f\u306e\u81f3\u8a00\u3092\u4f55\u5ea6\u3067\u3082\u5f15\u7528\u3057\u3066\u304a\u3053\u3046\u3002<\/p>\n<blockquote>\n<p><span class=\"item-title\">\u30a4\u30f3\u30c9\u30cd\u30b7\u30a2\u306e\u30d1\u30fc\u30e0\u6cb9\u304c\u3069\u3046\u306a\u3063\u3066\u3044\u308b\u304b\u3092\u77e5\u3089\u305a\u306b\u30a2\u30e1\u30ea\u30ab\u306e\u88fd\u9244\u682a\u306b\u3069\u3046\u3084\u3063\u3066\u6295\u8cc7\u3067\u304d\u308b\u3060\u308d\u3046\u304b\uff1f<\/span><\/p>\n<\/blockquote>\n<p><strong>\u30d0\u30e9\u30f3\u30b9\u306e\u53d6\u308c\u305f\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u4f5c\u308b\u65b9\u6cd5\u306f\uff1f<\/strong><\/p>\n<p>\u3067\u306f\u30d0\u30e9\u30f3\u30b9\u306e\u53d6\u308c\u305f\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3068\u306f\u3069\u306e\u3088\u3046\u306a\u3082\u306e\u304b\uff1f\u3000\u6982\u5ff5\u7684\u306b\u306f\u3001\u682a\u5f0f\u304b\u3089\u3001\u50b5\u5238\u3001\u4e0d\u52d5\u7523\u3001\u5916\u8ca8\u3001\u91d1\u3084\u539f\u6cb9\u306a\u3069\u306e\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u306b\u81f3\u308b\u307e\u3067\u306e\u69d8\u3005\u306a\u8cc7\u7523\u306b\u6e80\u904d\u306a\u304f\u6295\u8cc7\u3092\u3059\u308b\u3068\u3044\u3046\u610f\u5473\u3060\u308d\u3046\u304c\u3001\u305f\u3060\u76f2\u76ee\u7684\u306b\u5206\u6563\u6295\u8cc7\u3092\u884c\u3046\u3053\u3068\u3092\u30c0\u30ea\u30aa\u6c0f\u306f\u52e7\u3081\u3066\u3044\u308b\u306e\u3067\u306f\u306a\u3044\u3002\u69d8\u3005\u306a\u6295\u8cc7\u5bfe\u8c61\u306b\u3064\u3044\u3066\u3001\u305d\u306e\u7279\u5fb4\u3084\u671f\u5f85\u30ea\u30bf\u30fc\u30f3\uff08\u305d\u306e\u6295\u8cc7\u304b\u3089\u3069\u308c\u3060\u3051\u306e\u5229\u76ca\u304c\u671f\u5f85\u51fa\u6765\u308b\u304b\uff09\u3092\u8a08\u7b97\u3059\u308b\u65b9\u6cd5\u3092\u77e5\u3063\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308b\u3002<\/p>\n<blockquote>\n<p>\u671f\u5f85\u30ea\u30bf\u30fc\u30f3\u304c\u91cd\u8981\u3060\u3002\u3042\u308b\u8cc7\u7523\u3092\u691c\u8a0e\u3059\u308b\u3068\u304d\u306b\u306f\u3001\u4ed6\u306e\u6295\u8cc7\u5bfe\u8c61\u3068\u6bd4\u3079\u3066\u671f\u5f85\u30ea\u30bf\u30fc\u30f3\u304c\u3069\u3046\u306a\u306e\u304b\u3092\u691c\u8a0e\u3059\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n<p>\u305d\u308c\u305e\u308c\u306e\u8cc7\u7523\u30af\u30e9\u30b9\u306e\u671f\u5f85\u30ea\u30bf\u30fc\u30f3\u306f\u3001\u7d4c\u6e08\u5168\u4f53\u3092\u8c61\u5fb4\u3057\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n<p>\u307e\u305f\u3001\u5e02\u5834\u3054\u3068\u306e\u7279\u5fb4\u306b\u3064\u3044\u3066\u5b66\u3076\u3053\u3068\u3082\u30c0\u30ea\u30aa\u6c0f\u306f\u63a8\u5968\u3057\u3066\u3044\u308b\u3002<\/p>\n<blockquote>\n<p>\u682a\u5f0f\u5e02\u5834\u306f\u50b5\u5238\u5e02\u5834\u3088\u308a\u5c11\u306a\u304f\u3068\u3082\u4e8c\u500d\u30ea\u30b9\u30af\u304c\u9ad8\u3044\u3068\u3044\u3046\u3053\u3068\u3092\u5b66\u3076\u5fc5\u8981\u304c\u3042\u308b\u3002\u305d\u3057\u3066\u30b4\u30fc\u30eb\u30c9\u3092\u5c11\u3057\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306b\u52a0\u3048\u308b\u3079\u304d\u3060\u308d\u3046\u3002\u591a\u304f\u306e\u4eba\u306f\u30b4\u30fc\u30eb\u30c9\u3092\u52a0\u3048\u308b\u3068\u3044\u3046\u3053\u3068\u3092\u3057\u306a\u3044\u3002\u3057\u304b\u3057\u30b4\u30fc\u30eb\u30c9\u306f\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306b\u6709\u7528\u306a\u591a\u69d8\u6027\u3092\u4e0e\u3048\u3066\u304f\u308c\u308b\u3002<\/p>\n<\/blockquote>\n<p>\u30b4\u30fc\u30eb\u30c9\u306f\u3042\u308b\u610f\u5473\u3067\u306f\u73cd\u3057\u3044\u6295\u8cc7\u5bfe\u8c61\u3067\u3042\u308b\u3002\u682a\u5f0f\u306f\u4f01\u696d\u306e\u5229\u76ca\u304c\u4e0a\u304c\u308b\u6642\u306b\u4e0a\u304c\u308a\u3001\u50b5\u5238\u306f\u4e2d\u592e\u9280\u884c\u304c\u666f\u6c17\u3092\u523a\u6fc0\u3059\u308b\u305f\u3081\u306b\u91d1\u878d\u7de9\u548c\u3092\u884c\u306a\u3063\u305f\u6642\u306b\u4e0a\u304c\u308a\u3084\u3059\u3044\u3002\u3057\u304b\u3057\u91d1\u4fa1\u683c\u306f\u7d4c\u6e08\u6210\u9577\u7387\u304c\u920d\u5316\u3059\u308b\u6642\u306b\u4e0a\u6607\u3059\u308b\u3002\u305d\u306e\u610f\u5473\u3067\u3001\u30b4\u30fc\u30eb\u30c9\u306f\u30d0\u30e9\u30f3\u30b9\u306e\u53d6\u308c\u305f\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306b\u5fc5\u9808\u3060\u3068\u30c0\u30ea\u30aa\u6c0f\u306f\u8003\u3048\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n<p>\u5f7c\u306f\u6b21\u306e\u3088\u3046\u306b\u7d9a\u3051\u308b\u3002<\/p>\n<blockquote>\n<p>\u307e\u305f\u3001\u624b\u6570\u6599\u306b\u7740\u76ee\u3059\u308b\u3053\u3068\u3082\u5fc5\u8981\u3060\u3002\u8cc7\u7523\u3092\u4e57\u308a\u63db\u3048\u308b\u6642\u306b\u306f\u3001\u58f2\u8cb7\u624b\u6570\u6599\u3092\u8003\u616e\u3057\u3066\u3082\u5c1a\u4e57\u308a\u63db\u3048\u308b\u4fa1\u5024\u304c\u3042\u308b\u306e\u304b\u3092\u8a08\u7b97\u3059\u308b\u5fc5\u8981\u304c\u3042\u308b\u3002<\/p>\n<\/blockquote>\n<p>\u58f2\u8cb7\u624b\u6570\u6599\u306f\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u77ed\u671f\u58f2\u8cb7\u306e\u9b45\u529b\u3092\u66f4\u306b\u6e1b\u5c11\u3055\u305b\u308b\u8981\u7d20\u3067\u3042\u308b\u3002\u983b\u7e41\u306b\u58f2\u8cb7\u3059\u308b\u3053\u3068\u306f\u3001\u983b\u7e41\u306b\u58f2\u8cb7\u624b\u6570\u6599\u3092\u6255\u3046\u3053\u3068\u3060\u304b\u3089\u3067\u3042\u308b\u3002\u77ed\u671f\u58f2\u8cb7\u3092\u7e70\u308a\u8fd4\u3059\u500b\u4eba\u6295\u8cc7\u5bb6\u306f\u3053\u306e\u3053\u3068\u3092\u5fd8\u308c\u304c\u3061\u3060\u304c\u3001\u5f8c\u3067\u7a4d\u307f\u4e0a\u304c\u3063\u305f\u624b\u6570\u6599\u3092\u8a08\u7b97\u3057\u3066\u9a5a\u304f\u3088\u3046\u306a\u4e8b\u614b\u306b\u306f\u306a\u3089\u306a\u3044\u3088\u3046\u306b\u6ce8\u610f\u3055\u308c\u305f\u3044\u3002<\/p>\n<p><strong>\u500b\u4eba\u6295\u8cc7\u5bb6\u306f\u30cb\u30e5\u30fc\u30b9\u306b\u6c17\u3092\u914d\u308b\u3079\u304d\u304b\uff1f<\/strong><\/p>\n<blockquote>\n<p>\u500b\u4eba\u6295\u8cc7\u5bb6\u306f\u65e5\u3005\u306e\u30cb\u30e5\u30fc\u30b9\u3092\u6c17\u3092\u914d\u308b\u3079\u304d\u3067\u306f\u306a\u3044\u3002\u3069\u308c\u3060\u3051\u9177\u3044\u3053\u3068\u304c\u8d77\u3053\u308a\u3001\u30cb\u30e5\u30fc\u30b9\u306b\u306a\u3063\u305f\u3068\u3057\u3066\u3082\u3001\u5e02\u5834\u306b\u306f\u5e38\u306b\u6295\u8cc7\u306e\u30d7\u30ed\u304c\u53c2\u52a0\u3057\u3066\u3044\u3066\u3001\u5f7c\u3089\u304c\u77ac\u6642\u306b\u305d\u306e\u30cb\u30e5\u30fc\u30b9\u3092\u8cc7\u7523\u4fa1\u683c\u306b\u53cd\u6620\u3055\u305b\u3066\u3057\u307e\u3046\u3002<\/p>\n<p>\u3060\u304b\u3089\u305d\u306e\u30cb\u30e5\u30fc\u30b9\u304c\u8d77\u3053\u3063\u305f\u5f8c\u306b\u884c\u52d5\u3057\u3066\u3082\u9045\u3044\u306e\u3060\u3002\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u72af\u3059\u6700\u60aa\u306e\u9593\u9055\u3044\u306f\u3001\u30cb\u30e5\u30fc\u30b9\u306b\u632f\u308a\u56de\u3055\u308c\u308b\u3053\u3068\u3060\u3002<\/p>\n<\/blockquote>\n<p>\u3053\u308c\u306f\u9006\u8aac\u7684\u3067\u3042\u308b\u3002\u4e16\u754c\u7d4c\u6e08\u306e\u30cb\u30e5\u30fc\u30b9\u306b\u6c17\u3092\u914d\u308b\u3053\u3068\u306f\u6295\u8cc7\u5bb6\u3068\u3057\u3066\u826f\u3044\u3053\u3068\u3060\u3068\u601d\u3046\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u77e5\u8b58\u304c\u5897\u3048\u308b\u3053\u3068\u81ea\u4f53\u306f\u826f\u3044\u3053\u3068\u3067\u3042\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u304c\u3001\u30c0\u30ea\u30aa\u6c0f\u306f\u305d\u308c\u306b\u632f\u308a\u56de\u3055\u308c\u3066\u306f\u3044\u3051\u306a\u3044\u3068\u8a00\u3063\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n<p>\u66f4\u306b\u3001\u30c0\u30ea\u30aa\u6c0f\u306f\u6295\u8cc7\u5bb6\u521d\u5fc3\u8005\u304c\u9665\u308a\u304c\u3061\u306a\u5931\u6557\u306b\u3064\u3044\u3066\u8a9e\u308b\u3002<\/p>\n<blockquote>\n<p>\u30cb\u30e5\u30fc\u30b9\u306b\u632f\u308a\u56de\u3055\u308c\u308b\u3060\u3051\u3067\u3082\u60aa\u3044\u304c\u3001\u6700\u60aa\u306a\u306e\u306f\u5e02\u5834\u306e\u53cd\u5fdc\u306b\u632f\u308a\u56de\u3055\u308c\u308b\u3053\u3068\u3060\u3002<\/p>\n<p>\u6700\u60aa\u306e\u8003\u3048\u65b9\u3068\u306f\u3001\u300c\u3053\u306e\u8cc7\u7523\u306f\u3053\u308c\u307e\u3067\u826f\u3044\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3092\u4e0a\u3052\u3066\u3044\u308b\u304b\u3089\u3001\u3053\u306e\u8cc7\u7523\u306f\u3053\u308c\u304b\u3089\u3082\u826f\u3044\u6295\u8cc7\u306a\u306e\u3060\u300d\u3068\u8003\u3048\u308b\u3053\u3068\u3060\u3002\u4fa1\u683c\u304c\u3053\u308c\u307e\u3067\u4e0a\u304c\u3063\u305f\u3068\u3044\u3046\u306e\u306f\u591a\u5206\u3001\u3088\u308a\u5272\u9ad8\u306b\u306a\u3063\u305f\u3068\u3044\u3046\u3053\u3068\u3060\u3002\u3042\u308b\u8cc7\u7523\u304c\u9014\u65b9\u3082\u306a\u304f\u5272\u9ad8\u306b\u306a\u308a\u3001\u305d\u308c\u3092\u7406\u7531\u306b\u3042\u306a\u305f\u304c\u3053\u308c\u306f\u7d20\u6674\u3089\u3057\u3044\u6295\u8cc7\u5bfe\u8c61\u3060\u3068\u8003\u3048\u308b\u3068\u3059\u308c\u3070\u3069\u3046\u3060\u308d\u3046\u3002\u904e\u53bb\u306b\u53cd\u5fdc\u3057\u3001\u672a\u6765\u3092\u8003\u3048\u306a\u3044\u3053\u3068\u3001\u305d\u308c\u304c\u500b\u4eba\u6295\u8cc7\u5bb6\u306e\u6700\u5927\u306e\u554f\u984c\u3060\u3002<\/p>\n<p>\u4f8b\u3048\u3070\u3001\u682a\u304c\u5927\u304d\u304f\u4e0a\u304c\u3063\u305f\u3068\u3057\u3088\u3046\u3002\u3042\u306a\u305f\u306f\u300c\u682a\u5f0f\u5e02\u5834\u306f\u7d20\u6674\u3089\u3057\u3044\u6295\u8cc7\u5bfe\u8c61\u3060\u300d\u3068\u8003\u3048\u308b\u3002\u3057\u304b\u3057\u4fa1\u683c\u304c\u4e0a\u6607\u3057\u5272\u9ad8\u306b\u306a\u308b\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u5c06\u6765\u306e\u30ea\u30bf\u30fc\u30f3\u304c\u6e1b\u5c11\u3057\u305f\u3068\u3044\u3046\u3053\u3068\u3092\u610f\u5473\u3059\u308b\u3002\u9006\u306b\u5927\u304d\u304f\u4e0b\u304c\u3063\u305f\u8cc7\u7523\u304c\u3042\u3063\u305f\u3068\u3059\u308c\u3070\u3001\u305d\u306e\u8cc7\u7523\u306e\u30d0\u30ea\u30e5\u30fc\u304c\u4e0a\u304c\u3063\u305f\u3053\u3068\u3092\u610f\u5473\u3059\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u30ea\u30bf\u30fc\u30f3\u3092\u8a08\u7b97\u3059\u308b\u65b9\u6cd5\u3092\u5b66\u3070\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3060\u3002<\/p>\n<\/blockquote>\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u3001\u500b\u4eba\u6295\u8cc7\u5bb6\u306f\u6a5f\u95a2\u6295\u8cc7\u5bb6\u3068\u771f\u3063\u5411\u304b\u3089\u52dd\u8ca0\u3059\u308b\u3088\u3046\u306a\u3053\u3068\u3092\u3059\u3079\u304d\u3067\u306f\u306a\u3044\u3068\u8a00\u3046\u3002\u3057\u304b\u3057\u76f2\u76ee\u7684\u306b\u682a\u5f0f\u306a\u3069\u3092\u5358\u306b\u30db\u30fc\u30eb\u30c9\u3057\u3066\u304a\u304f\u3053\u3068\u3092\u63a8\u5968\u3057\u3066\u3044\u308b\u308f\u3051\u3067\u306f\u306a\u3044\u3002\u300c\u30d0\u30e9\u30f3\u30b9\u306e\u53d6\u308c\u305f\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u300d\u306f\u3001\u305d\u306e\u6642\u306e\u5404\u8cc7\u7523\u306e\u671f\u5f85\u30ea\u30bf\u30fc\u30f3\u6b21\u7b2c\u3067\u5909\u5316\u3059\u308b\u304b\u3089\u3067\u3042\u308b\u3002\u3060\u304b\u3089\u671f\u5f85\u30ea\u30bf\u30fc\u30f3\u3092\u8a08\u7b97\u3059\u308b\u65b9\u6cd5\u3092\u52c9\u5f37\u3057\u3001\u304b\u3064\u65e5\u3005\u306e\u30cb\u30e5\u30fc\u30b9\u3084\u5024\u52d5\u304d\u306a\u3069\u306b\u60d1\u308f\u3055\u308c\u306a\u3044\u3088\u3046\u306b\u305b\u3088\u3068\u30c0\u30ea\u30aa\u6c0f\u306f\u8a00\u3063\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n<p>\u30c0\u30ea\u30aa\u6c0f\u306e\u52a9\u8a00\u306f\u78ba\u304b\u306b\u6b63\u3057\u304f\u3001\u6709\u7528\u3067\u3042\u308b\u3002\u3057\u304b\u3057\u300c\u6b63\u3057\u304f\u52c9\u5f37\u3057\u3001\u304b\u3064\u30cb\u30e5\u30fc\u30b9\u3084\u5024\u52d5\u304d\u306b\u52d5\u3058\u306a\u3044\u9244\u306e\u610f\u5fd7\u3092\u6301\u3064\u300d\u3053\u3068\u304c\u51fa\u6765\u308c\u3070\u3001\u305d\u306e\u6295\u8cc7\u5bb6\u306f\u65e2\u306b\u6295\u8cc7\u521d\u5fc3\u8005\u3067\u306f\u306a\u304f\u3001\u512a\u308c\u305f\u6295\u8cc7\u5bb6\u3068\u8a00\u3048\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3002\u4e8c\u968e\u306b\u767b\u308b\u305f\u3081\u306e\u306f\u3057\u3054\u306f\u3001\u6b8b\u5ff5\u306a\u304c\u3089\u3057\u3070\u3057\u3070\u4e8c\u968e\u306b\u3042\u308b\u3082\u306e\u3060\u3068\u3044\u3046\u3053\u3068\u3067\u306f\u306a\u3044\u304b\u3002<\/p>\n\n\n<p><a href=\"https:\/\/amzn.to\/45klFLl\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" src=\"https:\/\/m.media-amazon.com\/images\/I\/81AJ0iI8qkL._SL160_.jpg\"><\/a><br><a href=\"https:\/\/amzn.to\/45klFLl\" target=\"_blank\" rel=\"noreferrer noopener\">\u30de\u30fc\u30b1\u30c3\u30c8\u306e\u9b54\u8853\u5e2b<\/a><\/p>\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\u304cBusiness Insider\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\uff08\u539f\u6587\u82f1\u8a9e\uff09\u306b\u7b54\u3048\u3001\u4e00\u554f\u4e00\u7b54\u5f62\u5f0f\u3067\u500b\u4eba\u6295\u8cc7\u5bb6\u3078\u306e\u30a2\u30c9\u30d0\u30a4\u30b9\u3092\u884c\u306a\u3063\u3066\u3044\u308b\u3002\u306a\u304b\u306a\u304b\u9762\u767d\u3044\u5185\u5bb9\u3068\u306a\u3063\u3066\u3044\u308b &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/6093\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u304c\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u52a9\u8a00\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":[40],"tags":[102],"class_list":["post-6093","post","type-post","status-publish","format-standard","hentry","category-trading-strategies","tag-ray-dalio"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/6093","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=6093"}],"version-history":[{"count":15,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/6093\/revisions"}],"predecessor-version":[{"id":71130,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/6093\/revisions\/71130"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=6093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=6093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=6093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}