{"id":63332,"date":"2025-04-09T20:00:00","date_gmt":"2025-04-09T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=63332"},"modified":"2025-04-09T19:30:48","modified_gmt":"2025-04-09T10:30:48","slug":"%e3%82%ac%e3%83%b3%e3%83%89%e3%83%a9%e3%83%83%e3%82%af%e6%b0%8f%e3%81%8c%e6%a0%aa%e5%ae%89%e7%b6%99%e7%b6%9a%e3%82%92%e4%ba%88%e6%83%b3%e3%80%81sp-500%e3%81%af4500%e3%83%89%e3%83%ab%e3%81%be","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/63332","title":{"rendered":"\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304c\u682a\u5b89\u7d99\u7d9a\u3092\u4e88\u60f3\u3001S&amp;P 500\u306f4,500\u30c9\u30eb\u307e\u3067\u4e0b\u843d\u3059\u308b"},"content":{"rendered":"\n<p>DoubleLine Capital\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304cCNBC\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u7d4c\u6e08\u653f\u7b56\u3068\u682a\u4fa1\u306e\u66b4\u843d\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u682a\u4fa1\u4e0b\u843d\u306e\u7406\u7531<\/strong><\/p>\n\n\n\n<p>\u7c73\u56fd\u682a\u304c\u6025\u843d\u3057\u3066\u3044\u308b\u3002\u30cb\u30e5\u30fc\u30b9\u3067\u306f\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u95a2\u7a0e\u304c\u539f\u56e0\u3060\u3068\u8a00\u308f\u308c\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\/2025\/04\/2025-4-9-s-and-p-500-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"551\" height=\"494\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/04\/2025-4-9-s-and-p-500-chart.png\" alt=\"\" class=\"wp-image-63341\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/04\/2025-4-9-s-and-p-500-chart.png 551w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/04\/2025-4-9-s-and-p-500-chart-300x269.png 300w\" sizes=\"auto, (max-width: 551px) 100vw, 551px\" \/><\/a><\/figure>\n\n\n\n<p>\u3057\u304b\u3057\u305d\u306e\u672c\u8cea\u306f\u30012025\u5e74\u307e\u3067\u306e\u7c73\u56fd\u682a\u306e\u9ad8\u904e\u304e\u308b\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u3068\u3001\u8ca1\u653f\u652f\u51fa\u3067\u305d\u306e\u30d0\u30d6\u30eb\u76f8\u5834\u3092\u5ef6\u9577\u3059\u308b\u3053\u3068\u3092\u62d2\u5426\u3057\u305f\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u59ff\u52e2\u306b\u3042\u308b\u3068\u3044\u3046\u3053\u3068\u3092\u4ee5\u4e0b\u306e\u8a18\u4e8b\u3067\u6307\u6458\u3057\u3066\u304a\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/62889\" data-type=\"post\" data-id=\"62889\">\u30c8\u30e9\u30f3\u30d7\u76f8\u5834\u3067\u682a\u5f0f\u5e02\u5834\u304c\u66b4\u843d\u3057\u3066\u3044\u308b\u672c\u5f53\u306e\u7406\u7531<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3053\u308c\u307e\u3067\u306e\u3088\u3046\u306a\u7de9\u548c\u653f\u7b56\u3092\u62d2\u5426\u3057\u305f\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u59ff\u52e2\u306b\u3064\u3044\u3066\u3001\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\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>1980\u5e74\u4ee3\u300190\u5e74\u4ee3\u306b\u59cb\u307e\u3063\u305f\u5927\u304d\u306a\u554f\u984c\u304c\u3042\u308b\u3002\u8cbf\u6613\u8d64\u5b57\u3068\u8ca1\u653f\u8d64\u5b57\u3001\u5f53\u6642\u3088\u304f\u8a71\u984c\u306b\u767b\u3063\u3066\u3044\u305f\u53cc\u5b50\u306e\u8d64\u5b57\u3060\u3002<\/p>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306f\u4eca\u3001\u305d\u306e\u4e21\u65b9\u306b\u653b\u6483\u3092\u4e0e\u3048\u3066\u3044\u308b\u3002\u95a2\u7a0e\u3092\u901a\u3057\u3066\u8cbf\u6613\u8d64\u5b57\u3092\u3001\u652f\u51fa\u524a\u6e1b\u3092\u901a\u3057\u3066\u8ca1\u653f\u8d64\u5b57\u3092\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u53cc\u5b50\u306e\u8d64\u5b57<\/strong><\/p>\n\n\n\n<p>1980\u5e74\u4ee3\u3001\u3059\u306a\u308f\u3061\u30ed\u30ca\u30eb\u30c9\u30fb\u30ec\u30fc\u30ac\u30f3\u5927\u7d71\u9818\u306e\u6642\u4ee3\u3068\u4eca\u3092\u6bd4\u3079\u308b\u4eba\u304c\u5897\u3048\u3066\u3044\u308b\u3002\u30ec\u30fc\u30ac\u30f3\u653f\u6a29\u306e\u6642\u4ee3\u3068\u4eca\u3068\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u306e\u767a\u751f\u3068\u3044\u3046\u5171\u901a\u70b9\u304c\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30ec\u30fc\u30ac\u30f3\u5927\u7d71\u9818\u306f\u30a4\u30f3\u30d5\u30ec\u3092\u6291\u5236\u3059\u308b\u305f\u3081\u306b\u9ad8\u91d1\u5229\u653f\u7b56\u3092\u8a31\u5bb9\u3057\u305f\u3002\u4eca\u56de\u306e\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306f\u3001\u7de9\u548c\u653f\u7b56\u3067\u30d0\u30d6\u30eb\u3092\u5ef6\u9577\u3059\u308b\u306e\u304b\u3057\u306a\u3044\u306e\u304b\u3068\u3044\u3046\u3053\u3068\u304c\u7126\u70b9\u3068\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u304b\u3089\u51fa\u3066\u304d\u305f\u30cb\u30e5\u30fc\u30b9\u306f\u3001\u95a2\u7a0e\u3068\u30a4\u30fc\u30ed\u30f3\u30fb\u30de\u30b9\u30af\u6c0f\u306eDOGE\uff08\u653f\u5e9c\u52b9\u7387\u5316\u7701\uff09\u306b\u3088\u308b\u653f\u5e9c\u652f\u51fa\u306e\u524a\u6e1b\u3060\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u306b\u5bfe\u3057\u3066\u4eba\u3005\u3084\u91d1\u878d\u5e02\u5834\u306f\u3069\u3046\u53cd\u5fdc\u3057\u305f\u304b\u3002\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8a9e\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>\u305d\u306e\u7d50\u679c\u3053\u308c\u307b\u3069\u5927\u304d\u306a\u62d2\u5426\u53cd\u5fdc\u304c\u751f\u3058\u3066\u3044\u308b\u3002\u652f\u51fa\u524a\u6e1b\u306b\u3064\u3044\u3066\u8a00\u3048\u3070\u307e\u3060\u307b\u3068\u3093\u3069\u4f55\u3082\u3057\u3066\u3044\u306a\u3044\u306e\u306b\u3060\u3002<\/p>\n\n\n\n<p>\u653f\u5e9c\u652f\u51fa\u3092\u524a\u6e1b\u3057\u305f\u306e\u306f1,000\u5104\u30c9\u30eb\u3060\u3063\u305f\u304b\uff1f\u3000\u4eee\u306b2,000\u5104\u30c9\u30eb\u3060\u3063\u305f\u3068\u3057\u3066\u3082\u5927\u3057\u305f\u554f\u984c\u3067\u306f\u306a\u3044\u30022\u5146\u30c9\u30eb\u3092\u524a\u6e1b\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u306e\u3060\u304b\u3089\u3002\u50c5\u304b\u306b\u524a\u6e1b\u3057\u3066\u3082\u610f\u5473\u304c\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30d0\u30a4\u30c7\u30f3\u653f\u6a29\u304c\u6b8b\u3057\u305f\u8ca1\u653f\u8d64\u5b57\u306fGDP\u306e7%\u3067\u3042\u308a\u3001\u30b9\u30b3\u30c3\u30c8\u30fb\u30d9\u30c3\u30bb\u30f3\u30c8\u8ca1\u52d9\u9577\u5b98\u306f\u3053\u308c\u30923%\u307e\u3067\u4e0b\u3052\u308b\u3068\u8868\u660e\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3064\u307e\u308a\u8ca1\u653f\u3092GDP\u306e4%\u5206\u6539\u5584\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u305a\u3001\u3057\u304b\u3082\u8d64\u5b57\u306e\u591a\u304f\u306f\u30b3\u30ed\u30ca\u5f8c\u306e\u91d1\u5229\u4e0a\u6607\u306b\u3088\u308b\u7c73\u56fd\u50b5\u306e\u5229\u6255\u3044\u5897\u52a0\u306b\u3088\u308b\u3082\u306e\u3067\u3042\u308b\u305f\u3081\u3001\u5358\u306b\u652f\u51fa\u3092\u6e1b\u3089\u3059\u3060\u3051\u3067\u306f\u6539\u5584\u3067\u304d\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u305d\u3053\u3067\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306f\u6240\u5f97\u7a0e\u3084\u6d88\u8cbb\u7a0e\u306a\u3069\u30a2\u30e1\u30ea\u30ab\u56fd\u6c11\u304c100%\u652f\u6255\u3046\u7a0e\u91d1\u3067\u306f\u306a\u304f\u3001\u95a2\u7a0e\u3068\u3044\u3046\u3001\u90e8\u5206\u7684\u306b\u5916\u56fd\u4eba\u304c\u8ca0\u62c5\u3059\u308b\u3053\u3068\u306b\u306a\u308b\u7a0e\u91d1\u3092\u9078\u3073\u3001\u5897\u7a0e\u3092\u884c\u306a\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u305d\u306e\u7d50\u679c\u304c\u3053\u306e\u53cd\u767a\u3067\u3042\u308b\u3002\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u304c\u4e00\u756a\u56fd\u6c11\u306e\u8ca0\u62c5\u304c\u5c11\u306a\u3044\u7a0e\u91d1\u3092\u9078\u3093\u3060\u3068\u3044\u3046\u3053\u3068\u3055\u3048\u7406\u89e3\u3055\u308c\u3066\u3044\u306a\u3044\u3002<\/p>\n\n\n\n<p><strong>\u8ca1\u653f\u8d64\u5b57\u524a\u6e1b\u306f\u53b3\u3057\u3044\u9053<\/strong><\/p>\n\n\n\n<p>\u305d\u3046\u3044\u3046\u914d\u616e\u306e\u3082\u3068\u884c\u308f\u308c\u305f\u5897\u7a0e\u3067\u3055\u3048\u3053\u306e\u3042\u308a\u3055\u307e\u306a\u306e\u306b\u3001\u6240\u5f97\u7a0e\u3084\u6d88\u8cbb\u7a0e\u306e\u5897\u7a0e\u3092\u884c\u3048\u3070\u4e00\u4f53\u3069\u3046\u306a\u308b\u3060\u308d\u3046\u304b\u3002\u3060\u304b\u3089\u591a\u304f\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u305f\u3061\u306f\u3001\u5897\u7a0e\u306f\u4e0d\u53ef\u80fd\u3067\u3001\u30d0\u30d6\u30eb\u3092\u7d99\u7d9a\u3059\u308b\u3057\u304b\u306a\u304f\u3001\u305d\u306e\u7d50\u679c\u306f\u30a4\u30f3\u30d5\u30ec\u306e\u518d\u52a0\u901f\u3060\u3068\u4e88\u60f3\u3057\u305f\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\/55567\" data-type=\"post\" data-id=\"55567\">\u30dd\u30fc\u30eb\u30fb\u30c1\u30e5\u30fc\u30c0\u30fc\u30fb\u30b8\u30e7\u30fc\u30f3\u30ba\u6c0f: \u65e5\u672c\u3082\u30a2\u30e1\u30ea\u30ab\u3082\u653f\u5e9c\u50b5\u52d9\u306f\u30a4\u30f3\u30d5\u30ec\u3067\u89e3\u6c7a\u3055\u308c\u308b\u3057\u304b\u306a\u3044<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304c\u81ea\u5206\u81ea\u8eab\u3082\u4e16\u754c\u7684\u306a\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u3067\u3042\u308b\u30d9\u30c3\u30bb\u30f3\u30c8\u8ca1\u52d9\u9577\u5b98\u306f\u305d\u3046\u3057\u305f\u4e88\u60f3\u3092\u98db\u3073\u8d8a\u3048\u3001\u5897\u7a0e\u306e\u9053\u3092\u9078\u3093\u3060\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/63080\" data-type=\"post\" data-id=\"63080\">\u30c8\u30e9\u30f3\u30d7\u76f8\u5834\u306e\u682a\u4fa1\u66b4\u843d\u306f\u30d9\u30c3\u30bb\u30f3\u30c8\u8ca1\u52d9\u9577\u5b98\u3092\u7518\u304f\u898b\u305f\u6295\u8cc7\u5bb6\u3078\u306e\u7f70<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30d9\u30c3\u30bb\u30f3\u30c8\u6c0f\u3001\u305d\u3057\u3066\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306f\u3084\u308b\u6c17\u3067\u3042\u308b\u3002\u7b46\u8005\u3082\u305d\u3046\u8003\u3048\u3066\u3044\u308b\u3057\u3001\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3082\u540c\u3058\u8003\u3048\u3089\u3057\u3044\u3002\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\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>\u4eca\u671d\u3001\u4eba\u3005\u306f\u95a2\u7a0e\u304c\u5ef6\u671f\u3055\u308c\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3068\u8a71\u3057\u3066\u3044\u305f\u304c\u3001\u305d\u3093\u306a\u3053\u3068\u306f\u6709\u308a\u5f97\u306a\u3044\u3002\u30c8\u30e9\u30f3\u30d7\u6c0f\u306f\u3053\u306e\u307e\u307e\u3053\u308c\u3092\u7d9a\u3051\u308b\u3060\u308d\u3046\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3060\u304c\u3001\u904e\u53bb40\u5e74\u3001\u91d1\u5229\u4f4e\u4e0b\u3068\u8ca1\u653f\u51fa\u52d5\u304c\u682a\u5f0f\u5e02\u5834\u3092\u652f\u3048\u3066\u304d\u305f\u306e\u3067\u3042\u308b\u3002\u305d\u308c\u304c40\u5e74\u9593\u682a\u5f0f\u5e02\u5834\u3092\u4e0a\u6607\u3055\u305b\u7d9a\u3051\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306f\u660e\u3089\u304b\u306a\u610f\u56f3\u3092\u3082\u3063\u3066\u305d\u306e\u652f\u3048\u3092\u5916\u305d\u3046\u3068\u3057\u3066\u3044\u308b\u3002\u30d9\u30c3\u30bb\u30f3\u30c8\u8ca1\u52d9\u9577\u5b98\u306f\u6b21\u306e\u3088\u3046\u306b\u8a00\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\/63246\" data-type=\"post\" data-id=\"63246\">\u30d9\u30c3\u30bb\u30f3\u30c8\u8ca1\u52d9\u9577\u5b98: \u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306f\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u306e\u305f\u3081\u306b\u682a\u4fa1\u3092\u72a0\u7272\u306b\u3057\u3066\u3044\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u30a6\u30a9\u30fc\u30eb\u8857\u306f\u3053\u308c\u307e\u3067\u5927\u3044\u306b\u5132\u3051\u3066\u304d\u305f\u3002\u3053\u308c\u304b\u3089\u3082\u305d\u3046\u306a\u3063\u3066\u307b\u3057\u3044\u304c\u3001\u3053\u308c\u304b\u3089\u306f\u4e00\u822c\u306e\u4eba\u3005\u306e\u30bf\u30fc\u30f3\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u88d5\u798f\u306a\u4eba\u3005\u306f\u682a\u9ad8\u3067\u5132\u304b\u308a\u3001\u4e00\u822c\u306e\u4eba\u3005\u306f\u30a4\u30f3\u30d5\u30ec\u3067\u82e6\u3057\u3080\u3088\u3046\u306a\u9078\u629e\u80a2\u306f\u53d6\u3089\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u3053\u3046\u3057\u305f\u8a66\u307f\u306b\u5bfe\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>\u3053\u306e\u53cc\u5b50\u306e\u8d64\u5b57\u3092\u3069\u3046\u306b\u304b\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3002\u305d\u308c\u306f\u56f0\u96e3\u3067\u3001\u53b3\u3057\u3044\u7d50\u679c\u3092\u751f\u3080\u3060\u308d\u3046\u3002\u305d\u308c\u304c\u3053\u308c\u304b\u3089\u30ea\u30b9\u30af\u8cc7\u7523\u306b\u3068\u3063\u3066\u5132\u304b\u308b\u76f8\u5834\u306b\u306a\u3089\u306a\u3044\u3068\u308f\u305f\u3057\u304c\u4e88\u60f3\u3059\u308b\u7406\u7531\u3060\u3002<\/p>\n\n\n\n<p>S&amp;P 500\u306f4,500\u30c9\u30eb\u307e\u3067\u4e0b\u304c\u3063\u3066\u304f\u308b\u3068\u8003\u3048\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>S&amp;P 500\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\/2025\/04\/2025-4-9-s-and-p-500-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"551\" height=\"494\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/04\/2025-4-9-s-and-p-500-chart.png\" alt=\"\" class=\"wp-image-63341\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/04\/2025-4-9-s-and-p-500-chart.png 551w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2025\/04\/2025-4-9-s-and-p-500-chart-300x269.png 300w\" sizes=\"auto, (max-width: 551px) 100vw, 551px\" \/><\/a><\/figure>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u653f\u5e9c\u50b5\u52d9\u306f\u3001\u30bc\u30ed\u91d1\u5229\u653f\u7b56\u304c\u7d9a\u3051\u3089\u308c\u308b\u9593\u306f\u3069\u308c\u3060\u3051\u5897\u3048\u3066\u3082\u554f\u984c\u306a\u3044\u3088\u3046\u306b\u898b\u3048\u308b\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u306b\u306a\u3063\u3066\u91d1\u5229\u3092\u4e0a\u3052\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u304f\u306a\u3063\u305f\u6642\u3001\u653f\u5e9c\u306f\u56fd\u50b5\u306e\u591a\u984d\u306e\u5229\u6255\u3044\u3067\u9996\u304c\u56de\u3089\u306a\u304f\u306a\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/57641\" data-type=\"post\" data-id=\"57641\">\u30df\u30ec\u30a4\u5927\u7d71\u9818\u3001\u30a4\u30f3\u30d5\u30ec\u653f\u7b56\u3092\u6c38\u9060\u306b\u7d9a\u3051\u308b\u3068\u3069\u3046\u306a\u308b\u304b\u3092\u8a9e\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>Bridgewater\u306e\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u3084\u65e5\u672c\u306e\u3088\u3046\u306b\u50b5\u52d9\u3092\u5897\u3084\u3057\u305f\u5927\u56fd\u306f\u3044\u305a\u308c\u305d\u3046\u306a\u308b\u3068\u3044\u3046\u3053\u3068\u3092\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\u4e88\u60f3\u3057\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<p>\u682a\u4fa1\u306f\u9577\u671f\u7684\u306b\u306f\u6c38\u9060\u306b\u4e0a\u304c\u308a\u7d9a\u3051\u308b\u3068\u601d\u3063\u3066\u3044\u308b\u4eba\u304c\u591a\u3044\u304c\u3001\u305d\u306e\u7406\u5c48\u304c\u6210\u308a\u7acb\u3064\u306e\u306f\u91d1\u5229\u4f4e\u4e0b\u5c40\u9762\u3060\u3051\u306a\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\/59903\" data-type=\"post\" data-id=\"59903\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u91d1\u5229\u4e0a\u6607\u306e\u6642\u4ee3\u306b\u306f\u682a\u4fa1\u306f\u9577\u671f\u7684\u306b\u4e0b\u843d\u3059\u308b<\/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>DoubleLine Capital\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304cCNBC\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u7d4c\u6e08\u653f\u7b56\u3068\u682a\u4fa1\u306e\u66b4\u843d\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\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":[131],"class_list":["post-63332","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-us-bond-market","category-stock-markets","category-bond-markets","tag-jeffrey-gundlach"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/63332","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=63332"}],"version-history":[{"count":53,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/63332\/revisions"}],"predecessor-version":[{"id":63386,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/63332\/revisions\/63386"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=63332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=63332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=63332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}