{"id":6255,"date":"2017-05-22T20:13:37","date_gmt":"2017-05-22T11:13:37","guid":{"rendered":"http:\/\/www.globalmacroresearch.org\/jp\/?p=6255"},"modified":"2017-05-22T21:45:20","modified_gmt":"2017-05-22T12:45:20","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%80%81%e6%96%b0%e8%88%88%e5%9b%bd%e6%a0%aa%e5%bc%8f%e3%81%ab%e6%8a%95%e8%b3%87","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/6255","title":{"rendered":"\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3001\u65b0\u8208\u56fd\u682a\u5f0f\u306b\u6295\u8cc7"},"content":{"rendered":"<p>\u5f15\u304d\u7d9a\u304d\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u7c73\u56fd\u682a\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u958b\u793a\u3059\u308bForm 13F\u7279\u96c6\u3067\u3042\u308b\u3002\u30bd\u30ed\u30b9\u6c0f\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306b\u7d9a\u304d\u3001\u4eca\u56de\u306f\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u7387\u3044\u308b\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3001Bridgewater\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u898b\u3066\u307f\u3088\u3046\u3002\u4ee5\u4e0b\u306f2017\u5e743\u6708\u672b\u6642\u70b9\u3067\u306e\u30c0\u30ea\u30aa\u6c0f\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u3067\u3042\u308b\u3002<\/p>\n<p><!--more--><strong>\u30c8\u30e9\u30f3\u30d7\u76f8\u5834\u5f8c\u9000\u3067\u65b0\u8208\u56fd\u682a\u304c\u597d\u6cc1<\/strong><\/p>\n<p>\u5148\u305a\u3001\u30c0\u30ea\u30aa\u6c0f\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u4e2d\u3067\u76ee\u3092\u5f15\u304f\u306e\u306f\u5927\u91cf\u306e\u65b0\u8208\u56fd\u682aETF\u3001Vanguard Emerging Markets ETF (NASDAQ:VWO)\u306e\u8cb7\u3044\u3067\u3001\u305d\u306e\u91d1\u984d\u306f29\u5104\u30c9\u30eb\u3067\u3042\u308b\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-21-vanguard-ftse-emerging-markets-etf-nasdaq-vwo-chart.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6257\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-21-vanguard-ftse-emerging-markets-etf-nasdaq-vwo-chart.png\" alt=\"\" width=\"600\" height=\"402\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-21-vanguard-ftse-emerging-markets-etf-nasdaq-vwo-chart.png 600w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-21-vanguard-ftse-emerging-markets-etf-nasdaq-vwo-chart-300x201.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>\u65b0\u8208\u56fd\u682a\u306f\u30c8\u30e9\u30f3\u30d7\u76f8\u5834\u306e\u521d\u671f\u306b\u306f\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u5229\u9ad8\u3092\u5acc\u6c17\u3057\u3066\u4f4e\u8ff7\u3057\u3066\u3044\u305f\u304c\u3001\u305d\u306e\u5f8c\u91d1\u5229\u4e0a\u6607\u304c\u9650\u3089\u308c\u308b\u5c55\u958b\u306b\u306a\u308b\u3068\u606f\u3092\u5439\u304d\u8fd4\u3057\u305f\u3002\u30a2\u30e1\u30ea\u30ab\u306e\u9577\u671f\u91d1\u5229\u306e\u30c1\u30e3\u30fc\u30c8\u3068\u6bd4\u3079\u3066\u898b\u308b\u3068\u5206\u304b\u308a\u3084\u3059\u3044\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-22-us-10-year-treasury-note-yield-chart.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6260\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-22-us-10-year-treasury-note-yield-chart.png\" alt=\"\" width=\"600\" height=\"402\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-22-us-10-year-treasury-note-yield-chart.png 600w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-22-us-10-year-treasury-note-yield-chart-300x201.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>\u3053\u308c\u306f\u3001\u30c9\u30eb\u306e\u91d1\u5229\u304c\u4e0a\u304c\u308b\u3068\u8cc7\u91d1\u304c\u30a2\u30e1\u30ea\u30ab\u306b\u96c6\u307e\u308a\u3001\u65b0\u8208\u56fd\u5e02\u5834\u304b\u3089\u8cc7\u91d1\u304c\u6d41\u51fa\u3059\u308b\u304b\u3089\u3067\u3042\u308b\u3002\u6295\u8cc7\u5bb6\u306f\u5148\u9032\u56fd\u304c\u4f4e\u91d1\u5229\u3067\u3042\u308b\u305f\u3081\u306b\u3001\u3088\u308a\u30cf\u30a4\u30ea\u30b9\u30af\u30fb\u30cf\u30a4\u30ea\u30bf\u30fc\u30f3\u306e\u65b0\u8208\u56fd\u306b\u6295\u8cc7\u3059\u308b\u306e\u3067\u3042\u308a\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u5229\u304c\u4e0a\u304c\u308c\u3070\u305d\u3046\u3057\u305f\u30ea\u30b9\u30af\u3092\u53d6\u308b\u5fc5\u8981\u304c\u306a\u304f\u306a\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n<p>\u3057\u305f\u304c\u3063\u3066\u3001\u9006\u306b\u91d1\u5229\u4e0a\u6607\u304c\u53ce\u307e\u308c\u3070\u3001\u65b0\u8208\u56fd\u682a\u3078\u306e\u4e0b\u65b9\u5727\u529b\u304c\u5931\u304f\u306a\u308b\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002\u65b0\u8208\u56fd\u682a\u304c\u53cd\u767a\u3057\u59cb\u3081\u305f\u30bf\u30a4\u30df\u30f3\u30b0\u306f\u3001\u91d1\u5229\u4e0a\u6607\u304c\u53ce\u307e\u3063\u305f\u30bf\u30a4\u30df\u30f3\u30b0\u3068\u4e00\u81f4\u3057\u3066\u3044\u308b\u3002\u6628\u5e74\u672b\u304b\u3089\u5f15\u304d\u7d9a\u304d\u65b0\u8208\u56fd\u682a\u306b\u6295\u8cc7\u3057\u3066\u3044\u308b\u30c0\u30ea\u30aa\u6c0f\u306f\u305d\u3053\u3092\u898b\u4e8b\u306b\u8aad\u3093\u3060\u306e\u3067\u3042\u308b\u3002<\/p>\n<p><strong>\u843d\u3061\u308b\u30ca\u30a4\u30d5\u3092\u63e1\u308b\u30c0\u30ea\u30aa\u6c0f<\/strong><\/p>\n<p>\u73fe\u5728\u306e\u30a2\u30e1\u30ea\u30ab\u306e\u91d1\u5229\u72b6\u6cc1\u306b\u304a\u3051\u308b\u65b0\u8208\u56fd\u682a\u306e\u8cb7\u3044\u3068\u3044\u3046\u306e\u306f\u3001\u660e\u78ba\u306b\u30b0\u30ed\u30fc\u30d0\u30eb\u30de\u30af\u30ed\u306a\u30c8\u30ec\u30fc\u30c9\u3067\u3042\u308b\u3002\u3067\u306f\u500b\u5225\u682a\u306e\u65b9\u306f\u3069\u3046\u304b\uff1f<\/p>\n<p>\u6bd4\u8f03\u7684\u5927\u304d\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u304b\u3089\u6c17\u306b\u306a\u3063\u305f\u3082\u306e\u3092\u53d6\u308a\u4e0a\u3052\u3066\u307f\u3088\u3046\u3002\u5148\u305a\u306f\u30a2\u30e1\u30ea\u30ab\u306e\u767e\u8ca8\u5e97\u5927\u624bMacy&#8217;s (NYSE:M)\u3067\u3042\u308a\u3001\u30c0\u30ea\u30aa\u6c0f\u306f\u3053\u306e\u9298\u67c4\u30923,000\u4e07\u30c9\u30eb\u4fdd\u6709\u3057\u3066\u3044\u308b\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-22-macys-nyse-m-chart.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6262\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-22-macys-nyse-m-chart.png\" alt=\"\" width=\"600\" height=\"402\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-22-macys-nyse-m-chart.png 600w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-22-macys-nyse-m-chart-300x201.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>\u30a2\u30e1\u30ea\u30ab\u3067\u767e\u8ca8\u5e97\u3068\u8a00\u3048\u3070\u3001\u5148\u884c\u304d\u3068\u3057\u3066\u306f\u65e5\u672c\u3067\u8a00\u3048\u3070\u5bb6\u96fb\u91cf\u8ca9\u5e97\u306e\u3088\u3046\u306a\u3082\u306e\u3067\u3042\u308b\u3002\u65e5\u672c\u3088\u308a\u3082\u8857\u304c\u7269\u7406\u7684\u306b\u5927\u304d\u304f\u3001\u81ea\u52d5\u8eca\u304c\u306a\u3051\u308c\u3070\u8cb7\u3044\u7269\u306b\u3082\u884c\u3051\u306a\u3044\u306e\u304c\u666e\u901a\u306e\u30a2\u30e1\u30ea\u30ab\u793e\u4f1a\u3067\u306f\u3001\u65e5\u3005\u306e\u8cb7\u3044\u7269\u306b\u304a\u3044\u3066\u65e5\u672c\u3088\u308a\u3082Amazon\u306a\u3069\u306e\u30cd\u30c3\u30c8\u901a\u8ca9\u3078\u306e\u4f9d\u5b58\u304c\u5927\u304d\u3044\u3002<\/p>\n<p>\u3057\u305f\u304c\u3063\u3066\u3001\u767e\u8ca8\u5e97\u307e\u3067\u308f\u3056\u308f\u3056\u300c\u9060\u51fa\u300d\u3057\u3066\u30cd\u30c3\u30c8\u3088\u308a\u3082\u5272\u9ad8\u306e\u5546\u54c1\u3092\u8cb7\u3046\u3088\u308a\u306f\u3001\u5bb6\u306b\u5c45\u306a\u304c\u3089\u5b89\u3044\u4fa1\u683c\u3067\u3082\u306e\u3092\u8cb7\u3048\u3066\u3057\u307e\u3046\u30cd\u30c3\u30c8\u901a\u8ca9\u306e\u512a\u4f4d\u6027\u304c\u5f37\u304f\u3001\u767e\u8ca8\u5e97\u9298\u67c4\u306f\u843d\u3061\u76ee\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n<p>Macy&#8217;s\u306e\u682a\u4fa1\u306f\u4e8b\u5b9f\u30012015\u5e74\u306e\u9ad8\u502470\u30c9\u30eb\u304b\u308923\u30c9\u30eb\u307e\u3067\u66b4\u843d\u3057\u305f\u3002\u30c0\u30ea\u30aa\u6c0f\u306f\u3053\u306e\u843d\u3061\u308b\u30ca\u30a4\u30d5\u3092\u63e1\u308d\u3046\u3068\u3057\u3066\u3044\u308b\u30023\u6708\u672b\u306e\u958b\u793a\u304b\u3089\u65e2\u306b\u682a\u4fa1\u306f\u66f4\u306b\u4e0b\u843d\u3057\u3066\u3044\u308b\u304c\u3001\u30c0\u30ea\u30aa\u6c0f\u306b\u52dd\u6a5f\u306f\u3042\u308b\u306e\u3060\u308d\u3046\u304b\uff1f\u3000\u6280\u8853\u9769\u65b0\u306e\u72a0\u7272\u3068\u306a\u3063\u305f\u9298\u67c4\u306e\u884c\u65b9\u3068\u3044\u3046\u610f\u5473\u306b\u304a\u3044\u3066\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u767e\u8ca8\u5e97\u9298\u67c4\u306f\u773a\u3081\u3066\u304a\u304f\u4fa1\u5024\u304c\u3042\u308b\u3002<\/p>\n<p><strong>\u5272\u5b89\u306e\u7c73\u56fd\u30b7\u30a7\u30fc\u30eb\u4f01\u696d<\/strong><\/p>\n<p>\u500b\u5225\u9298\u67c4\u3067\u3082\u3046\u4e00\u3064\u6c17\u306b\u306a\u3063\u305f\u306e\u306f\u3001\u7523\u6cb9\u4f01\u696dSouthwestern Energy (NYSE:SWN)\u3067\u3042\u308b\u3002\u3053\u3061\u3089\u3082\u91d1\u984d\u306f\u540c\u3058\u304f3,000\u4e07\u30c9\u30eb\u3067\u3042\u308b\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-22-southwestern-energy-nyse-swn-chart.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6261\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-22-southwestern-energy-nyse-swn-chart.png\" alt=\"\" width=\"600\" height=\"402\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-22-southwestern-energy-nyse-swn-chart.png 600w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2017\/05\/2017-5-22-southwestern-energy-nyse-swn-chart-300x201.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>\u3053\u3061\u3089\u3082\u843d\u3061\u308b\u30ca\u30a4\u30d5\u3060\u304c\u3001Macy&#8217;s\u3068\u306f\u9055\u3044\u3001\u8ca1\u52d9\u8af8\u8868\u306b\u6539\u5584\u306e\u5146\u3057\u304c\u898b\u3089\u308c\u308b\u3002<\/p>\n<p>\u4ed6\u306e\u30b7\u30a7\u30fc\u30eb\u4f01\u696d\u3068\u540c\u3058\u304f\u3001\u9577\u3089\u304f\u8d64\u5b57\u3092\u5782\u308c\u6d41\u3057\u3066\u3044\u305fSouthwestern\u3060\u304c\u3001\u6700\u65b0\u306e2017\u5e74\u7b2c1\u56db\u534a\u671f\u306e\u6c7a\u7b97\u3067\u306f\u9ed2\u5b57\u8ee2\u63db\u3057\u305f\u3002\u6c7a\u7b97\u66f8\u306b\u3088\u308c\u3070\u3001\u305d\u308c\u306f\u7523\u6cb9\u65bd\u8a2d\u306e\u6e1b\u640d\u51e6\u7406\u304c\u7d42\u308f\u3063\u305f\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n<p>\u73fe\u5728\u306e\u682a\u4fa1\u306f7.11\u30c9\u30eb\u3060\u304c\u3001\u7b2c1\u56db\u534a\u671f\u306e\u4e00\u682a\u5f53\u305f\u308a\u7d14\u5229\u76ca\u306f<span style=\"color: #ff0000;\">0.57<\/span>\u3067\u3042\u308a\u3001\u640d\u76ca\u8a08\u7b97\u66f8\u3092\u898b\u308b\u9650\u308a\u3053\u306e\u6570\u5024\u306b\u7121\u7406\u306f\u306a\u3044\u3002\u3053\u306e\u6c34\u6e96\u304c\u4e00\u5e74\u7d9a\u3051\u3070\u3001\u4e00\u5e74\u5206\u306e\u4e00\u682a\u5f53\u305f\u308a\u7d14\u5229\u76ca\u306f<span style=\"color: #ff0000;\">2.3<\/span>\u30c9\u30eb\u3068\u306a\u308a\u3001P\/E\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u306f<span style=\"color: #ff0000;\">3.1<\/span>\u7a0b\u5ea6\u3068\u306a\u308b\u3002\u3053\u308c\u306f\u697d\u89b3\u304b\u3082\u3057\u308c\u306a\u3044\u304c\u3001\u3088\u307b\u3069\u63a7\u3048\u3081\u306b\u898b\u7a4d\u3082\u3063\u3066\u3082P\/E\u304c10\u3092\u8d85\u3048\u308b\u3053\u3068\u306f\u306a\u304f\u3001\u539f\u6cb9\u4fa1\u683c\u304c\u3082\u3046\u4e00\u5ea6\u66b4\u843d\u3067\u3082\u3057\u306a\u3051\u308c\u3070\u3001\u3084\u306f\u308a\u3053\u306e\u9298\u67c4\u306f\u5272\u5b89\u3068\u8a00\u3046\u3053\u3068\u304c\u51fa\u6765\u308b\u3060\u308d\u3046\u3002<\/p>\n<p><strong>\uff08\u203b 5\/22 \u4e0a\u8a18\u8d64\u5b57\u306e\u6570\u5024\u3092\u8a02\u6b63\u3057\u307e\u3057\u305f\uff09<\/strong><\/p>\n<p>\u539f\u6cb9\u4fa1\u683c\u306b\u3064\u3044\u3066\u306f\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u8a73\u7d30\u306b\u89e3\u8aac\u3057\u3066\u3044\u308b\u3002\u539f\u6cb9\u4fa1\u683c\u304c50\u30c9\u30eb\u304b\u3089\u66b4\u843d\u3057\u306a\u3044\u7406\u7531\u3068\u66b4\u9a30\u3057\u306a\u3044\u7406\u7531\u306b\u3064\u3044\u3066\u8aac\u660e\u3057\u3066\u304a\u308a\u3001\u307e\u305f\u305d\u3046\u3044\u3046\u4e88\u6e2c\u3092\u3082\u3068\u306b\u5229\u76ca\u3092\u51fa\u305b\u308b\u30c8\u30ec\u30fc\u30c9\u3092\u7d39\u4ecb\u3057\u3066\u3044\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/6191\">2017\u5e74\u539f\u6cb9\u4fa1\u683c\u306e\u63a8\u79fb\u4e88\u60f3\u3068\u30b7\u30a7\u30fc\u30eb\u30aa\u30a4\u30eb\u7523\u696d\u306e\u640d\u76ca\u5206\u5c90\u70b9<\/a><\/li>\n<\/ul>\n<p>\u307e\u305f\u3001\u539f\u6cb9\u4fa1\u683c\u306e\u4eca\u5f8c\u306e\u52d5\u5411\u306b\u304b\u304b\u308f\u3089\u305aSouthwestern\u306b\u6295\u8cc7\u3059\u308b\u65b9\u6cd5\u3068\u3057\u3066\u306f\u3001\u30b8\u30e3\u30f3\u30af\u50b5\u306e\u7a7a\u58f2\u308a\u3068\u7d44\u307f\u5408\u308f\u305b\u305f\u30da\u30a2\u30fb\u30c8\u30ec\u30fc\u30c9\u3068\u3044\u3046\u306e\u3082\u9762\u767d\u3044\u3060\u308d\u3046\u3002\u30b8\u30e3\u30f3\u30af\u50b5\u306f\u4e3b\u306b\u30b7\u30a7\u30fc\u30eb\u4f01\u696d\u306a\u3069\u304c\u767a\u884c\u3059\u308b\u9ad8\u5229\u56de\u308a\u50b5\u306e\u3053\u3068\u3092\u6307\u3059\u305f\u3081\u3001\u539f\u6cb9\u304c\u4e0b\u304c\u3063\u3066Southwestern\u682a\u304c\u4e0b\u843d\u3057\u305f\u5834\u5408\u306b\u3082\u30b8\u30e3\u30f3\u30af\u50b5\u7a7a\u58f2\u308a\u304b\u3089\u5229\u76ca\u3092\u5f97\u308b\u3053\u3068\u304c\u51fa\u6765\u3001\u30ea\u30b9\u30af\u304c\u76f8\u6bba\u3055\u308c\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/5069\">\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u304c\u8d85\u9577\u671f\u50b5\u767a\u884c\u3067\u30b8\u30e3\u30f3\u30af\u50b5\u306f\u66b4\u843d\u3059\u308b<\/a><\/li>\n<\/ul>\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n<p>\u30c0\u30ea\u30aa\u6c0f\u306b\u3064\u3044\u3066\u306f\u3001\u3084\u306f\u308a\u30b0\u30ed\u30fc\u30d0\u30eb\u30de\u30af\u30ed\u306e\u65b0\u8208\u56fd\u682a\u30c8\u30ec\u30fc\u30c9\u306f\u6d41\u77f3\u3068\u8a00\u3046\u3079\u304d\u3060\u308d\u3046\u3002\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u958b\u793a\u3059\u308bForm 13\u306b\u3064\u3044\u3066\u306f\u30bd\u30ed\u30b9\u6c0f\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u3082\u306e\u3082\u7d39\u4ecb\u3057\u3066\u3044\u308b\u306e\u3067\u3001\u305d\u3061\u3089\u3082\u53c2\u8003\u306b\u3057\u3066\u3082\u3089\u3044\u305f\u3044\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/6222\">Form 13F: \u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u304c\u7c73\u56fd\u682a\u7a7a\u58f2\u308a\u3092\u62e1\u5927<\/a><\/li>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/6237\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u30c8\u30e9\u30f3\u30d7\u76f8\u5834\u5229\u76ca\u78ba\u5b9a\u3001\u30cf\u30a4\u30c6\u30af\u682a\u306b\u4e57\u308a\u63db\u3048\u307e\u305f\u3082\u3084\u5927\u5132\u3051<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u5f15\u304d\u7d9a\u304d\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u7c73\u56fd\u682a\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u958b\u793a\u3059\u308bForm 13F\u7279\u96c6\u3067\u3042\u308b\u3002\u30bd\u30ed\u30b9\u6c0f\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306b\u7d9a\u304d\u3001\u4eca\u56de\u306f\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u7387\u3044\u308b\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3001Bridgewater\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u898b\u3066\u307f\u3088\u3046\u3002\u4ee5\u4e0b\u306f &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/6255\" 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\u3001\u65b0\u8208\u56fd\u682a\u5f0f\u306b\u6295\u8cc7<\/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":[59,111,15],"tags":[102],"class_list":["post-6255","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-stock-markets","category-news","tag-ray-dalio"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/6255","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=6255"}],"version-history":[{"count":11,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/6255\/revisions"}],"predecessor-version":[{"id":6270,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/6255\/revisions\/6270"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=6255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=6255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=6255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}