{"id":67016,"date":"2025-06-27T20:00:00","date_gmt":"2025-06-27T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=67016"},"modified":"2025-06-27T16:04:11","modified_gmt":"2025-06-27T07:04:11","slug":"%e3%83%8d%e3%82%a4%e3%83%94%e3%82%a2%e6%b0%8f-%e6%97%a5%e6%9c%ac%e4%ba%ba%e3%81%ae%e3%83%89%e3%83%ab%e8%b3%87%e7%94%a3%e5%a3%b2%e3%82%8a%e3%81%8c%e7%b1%b3%e5%9b%bd%e6%a0%aa%e3%82%92%e4%b8%8b%e8%90%bd","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/67016","title":{"rendered":"\u30cd\u30a4\u30d4\u30a2\u6c0f: \u65e5\u672c\u4eba\u306e\u30c9\u30eb\u8cc7\u7523\u58f2\u308a\u304c\u7c73\u56fd\u682a\u3092\u4e0b\u843d\u3055\u305b\u308b"},"content":{"rendered":"\n<p>\u5f15\u304d\u7d9a\u304d\u3001The Solid Ground Newsletter\u306e\u30e9\u30c3\u30bb\u30eb\u30fb\u30cd\u30a4\u30d4\u30a2\u6c0f\u306e\u3001Making Money Podcast\u306b\u3088\u308b\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4eca\u56de\u306f\u30a2\u30e1\u30ea\u30ab\u304b\u3089\u306e\u8cc7\u91d1\u6d41\u51fa\u3068\u7c73\u56fd\u682a\u306e\u52d5\u5411\u4e88\u60f3\u306b\u3064\u3044\u3066\u8ff0\u3079\u3066\u3044\u308b\u90e8\u5206\u3092\u53d6\u308a\u4e0a\u3052\u305f\u3044\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u7c73\u56fd\u682a\u306f\u5272\u9ad8\u304b<\/strong><\/p>\n\n\n\n<p>\u30cd\u30a4\u30d4\u30a2\u6c0f\u306f\u524d\u56de\u306e\u8a18\u4e8b\u3067\u3001\u591a\u304f\u306e\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u5e02\u5834\u5e73\u5747\u306b\u52dd\u3066\u306a\u3044\u7406\u7531\u306f\u3001\u682a\u4fa1\u304c\u4e0a\u304c\u3063\u3066\u3044\u308b\u3068\u4eba\u304b\u3089\u805e\u3044\u3066\u682a\u4fa1\u306e\u9ad8\u3044\u6642\u306b\u53c2\u5165\u3059\u308b\u304b\u3089\u3060\u3068\u8ff0\u3079\u3066\u3044\u305f\u3002\u4eee\u306b\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u3092\u8cb7\u3063\u305f\u3068\u3057\u3066\u3082\u3001\u53c2\u5165\u3059\u308b\u6642\u671f\u304c\u9593\u9055\u3063\u3066\u3044\u308c\u3070\u682a\u5f0f\u306e\u5e73\u5747\u7684\u306a\u30ea\u30bf\u30fc\u30f3\u306f\u5f97\u3089\u308c\u306a\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/66960\" data-type=\"post\" data-id=\"66960\">\u30cd\u30a4\u30d4\u30a2\u6c0f: \u682a\u5f0f\u6295\u8cc7\u306b\u9ad8\u3044\u30ea\u30bf\u30fc\u30f3\u3092\u6c42\u3081\u308b\u500b\u4eba\u6295\u8cc7\u5bb6\u304c\u5931\u6557\u3059\u308b\u7406\u7531<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3055\u3066\u3001\u300c\u682a\u4fa1\u304c\u4e0a\u304c\u3063\u3066\u3044\u308b\u300d\u3068\u3044\u3046\u7406\u7531\u3067\u682a\u5f0f\u6295\u8cc7\u306b\u53c2\u5165\u3059\u308b\u4eba\u304c\u5897\u3048\u3066\u3044\u308b\u304c\u3001\u30cd\u30a4\u30d4\u30a2\u6c0f\u306b\u306f\u4eca\u306e\u682a\u5f0f\u5e02\u5834\u306f\u3069\u306e\u3088\u3046\u306b\u898b\u3048\u3066\u3044\u308b\u306e\u304b\u3002<\/p>\n\n\n\n<p>\u4eca\u306e\u682a\u5f0f\u5e02\u5834\u306f\u904e\u5927\u8a55\u4fa1\u3055\u308c\u3066\u3044\u308b\u304b\u3068\u805e\u304b\u308c\u3001\u30cd\u30a4\u30d4\u30a2\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u7b54\u3048\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\u3046\u601d\u3046\u3002\u7279\u306b\u7c73\u56fd\u682a\u306f\u3072\u3069\u304f\u904e\u5927\u8a55\u4fa1\u3055\u308c\u3066\u304a\u308a\u3001\u30a2\u30e1\u30ea\u30ab\u304b\u3089\u8cc7\u91d1\u304c\u6d41\u51fa\u3057\u3066\u3044\u308b\u3053\u3068\u3082\u60aa\u6750\u6599\u306b\u306a\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30cd\u30a4\u30d4\u30a2\u6c0f\u306f\u7c73\u56fd\u682a\u304c\u904e\u5927\u8a55\u4fa1\u3055\u308c\u3066\u3044\u308b\u3068\u8003\u3048\u3066\u3044\u308b\u3002\u305d\u308c\u306f\u53bb\u5e74\u306e\u672b\u306b\u306f\u65e2\u306b\u30c7\u30a4\u30f4\u30a3\u30c3\u30c9\u30fb\u30ed\u30fc\u30bc\u30f3\u30d0\u30fc\u30b0\u6c0f\u304c\u6307\u6458\u3057\u3066\u3044\u305f\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/57536\" data-type=\"post\" data-id=\"57536\">\u30ed\u30fc\u30bc\u30f3\u30d0\u30fc\u30b0\u6c0f\u3001\u7c73\u56fd\u682a\u306e\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u3092\u9177\u8a55 (2024\/12\/25)<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u7c73\u56fd\u682a\u304c\u5272\u9ad8\u3067\u3042\u308b\u3053\u3068\u306f\u3001\u7b46\u8005\u306e\u610f\u898b\u3067\u306f4\u6708\u306e\u682a\u5b89\u306e\u4e00\u756a\u306e\u539f\u56e0\u3067\u3042\u308b\u3002\u95a2\u7a0e\u3067\u306f\u306a\u3044\u3002\u5272\u9ad8\u306a\u5e02\u5834\u306f\u4f55\u304b\u53e3\u5b9f\u3092\u898b\u3064\u3051\u3066\u4e0b\u843d\u3059\u308b\u30024\u6708\u306b\u306f\u305d\u308c\u304c\u8d77\u3053\u3063\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u7d50\u5c40\u7c73\u56fd\u682a\u306f\u307e\u305f\u5e74\u672b\u3068\u540c\u3058\u3088\u3046\u306a\u6c34\u6e96\u306b\u623b\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p><strong>\u30a2\u30e1\u30ea\u30ab\u304b\u3089\u306e\u8cc7\u91d1\u6d41\u51fa<\/strong><\/p>\n\n\n\n<p>\u3057\u304b\u3057\u30cd\u30a4\u30d4\u30a2\u6c0f\u304c\u61f8\u5ff5\u3059\u308b\u4e00\u756a\u306e\u7406\u7531\u306f\u305d\u3053\u3067\u306f\u306a\u3044\u3002\u30cd\u30a4\u30d4\u30a2\u6c0f\u306f\u30a2\u30e1\u30ea\u30ab\u304b\u3089\u306e\u8cc7\u91d1\u6d41\u51fa\u306e\u65b9\u3092\u5927\u304d\u304f\u61f8\u5ff5\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30cd\u30a4\u30d4\u30a2\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>\u30c8\u30e9\u30f3\u30d7\u4ee5\u524d\u3067\u3082\u305d\u306e\u554f\u984c\u306f\u3042\u3063\u305f\u304c\u3001\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306f\u8cbf\u6613\u306b\u95a2\u3057\u3066\u4ed6\u56fd\u3092\u53e9\u304d\u3059\u304e\u305f\u3002<\/p>\n\n\n\n<p>\u5f7c\u306f\u300c\u8cbf\u6613\u6226\u4e89\u306b\u306f\u3044\u3064\u3082\u52dd\u3064\u300d\u3068\u8a00\u3046\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u305d\u308c\u306f\u305d\u3046\u304b\u3082\u3057\u308c\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u3001\u5916\u56fd\u4eba\u304c61.5\u5146\u30c9\u30eb\u306e\u30c9\u30eb\u5efa\u3066\u8cc7\u7523\u3092\u4fdd\u6709\u3057\u3066\u3044\u308b\u3053\u3068\u3092\u601d\u3044\u51fa\u3059\u3079\u304d\u3060\u3002<\/p>\n\n\n\n<p>61.5\u5146\u30c9\u30eb\u306f\u30a2\u30e1\u30ea\u30ab\u306eGDP\u306e209%\u3060\u3002<\/p>\n\n\n\n<p>\u30c9\u30ca\u30eb\u30c9\u30fb\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\u3001\u30a2\u30e1\u30ea\u30ab\u304c\u5916\u56fd\u4eba\u3092\u3069\u3046\u6271\u3046\u304b\u306b\u3064\u3044\u3066\u4e0d\u78ba\u5b9f\u6027\u3092\u751f\u307f\u51fa\u3057\u305f\u3068\u304d\u3001\u4f55\u6545\u5f7c\u3089\u304c\u30c9\u30eb\u8cc7\u7523\u3092\u58f2\u3089\u306a\u3044\u3060\u308d\u3046\u304b\uff1f<\/p>\n<\/blockquote>\n\n\n\n<p>\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u6226\u7565\u306e\u554f\u984c\u70b9\u306f\u3001\u7b46\u8005\u306e\u610f\u898b\u3067\u306f\u3001\u77ed\u671f\u7684\u306a\u52dd\u5229\u3092\u53d6\u3063\u3066\u9577\u671f\u7684\u306a\u5229\u76ca\u3092\u8efd\u8996\u3057\u3066\u3044\u308b\u70b9\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u76f8\u624b\u306b\u5bfe\u3057\u3066\u5f37\u304f\u51fa\u308b\u3053\u3068\u3067\u5229\u76ca\u3092\u5f97\u308b\u6226\u7565\u306f\u3001\u77ed\u671f\u7684\u306b\u306f\u81ea\u5206\u3092\u5229\u3059\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u304c\u3001\u9577\u671f\u7684\u306b\u306f\u30d3\u30b8\u30cd\u30b9\u30d1\u30fc\u30c8\u30ca\u30fc\u306f\u81ea\u5206\u304b\u3089\u8ddd\u96e2\u3092\u7f6e\u304f\u9078\u629e\u3092\u3059\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u4eca\u3084\u30a2\u30e1\u30ea\u30ab\u306f\u30d3\u30b8\u30cd\u30b9\u306e\u76f8\u624b\u3068\u3057\u3066\u4fe1\u983c\u3067\u304d\u306a\u3044\u56fd\u3068\u306a\u3063\u3066\u3044\u308b\u3002Bridgewater\u306e\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u304c\u6b21\u306e\u3088\u3046\u306b\u8a00\u3063\u3066\u3044\u305f\u3053\u3068\u3092\u601d\u3044\u51fa\u3057\u305f\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/64356\" data-type=\"post\" data-id=\"64356\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u95a2\u7a0e\u5ef6\u671f\u306f\u624b\u9045\u308c\u3001\u4f01\u696d\u306f\u3069\u3093\u3069\u3093\u30a2\u30e1\u30ea\u30ab\u304b\u3089\u624b\u3092\u5f15\u3044\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>\u95a2\u7a0e\u306b\u95a2\u3059\u308b\u4ea4\u6e09\u304c\u9032\u307f\u3001\u8a73\u7d30\u304c\u719f\u8003\u3055\u308c\u308b\u306b\u3057\u305f\u304c\u3063\u3066\u95a2\u7a0e\u306e\u3082\u305f\u3089\u3057\u305f\u6df7\u4e71\u306f\u53ce\u307e\u308b\u3068\u4fe1\u3058\u3066\u3044\u308b\u4eba\u3082\u3044\u308b\u3088\u3046\u3060\u304c\u3001\u95a2\u7a0e\u306e\u554f\u984c\u306b\u5bfe\u5fdc\u3057\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u591a\u304f\u306e\u4f01\u696d\u306f\u3001\u305d\u308c\u306f\u3082\u306f\u3084\u624b\u9045\u308c\u3060\u3068\u8a00\u3063\u3066\u3044\u308b\u3057\u3001\u305d\u3046\u3057\u305f\u4f01\u696d\u306e\u6570\u306f\u5897\u3048\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u4f8b\u3048\u3070\u3001\u30a2\u30e1\u30ea\u30ab\u306b\u5411\u3051\u3066\u8f38\u51fa\u3059\u308b\u4f01\u696d\u3084\u30a2\u30e1\u30ea\u30ab\u3068\u53d6\u5f15\u3059\u308b\u4ed6\u56fd\u306e\u8f38\u5165\u696d\u8005\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u3068\u306e\u53d6\u5f15\u3092\u5927\u5e45\u306b\u6e1b\u3089\u3055\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3068\u8a00\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u95a2\u7a0e\u304c\u3069\u3046\u306a\u308b\u306b\u305b\u3088\u3053\u3046\u3057\u305f\u554f\u984c\u306f\u7d50\u5c40\u306a\u304f\u306a\u3089\u305a\u3001\u30a2\u30e1\u30ea\u30ab\u3068\u306e\u76f8\u4e92\u4f9d\u5b58\u3092\u5927\u304d\u304f\u6e1b\u3089\u3059\u3053\u3068\u306f\u8a08\u753b\u3057\u3066\u304a\u304b\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u73fe\u5b9f\u3060\u3068\u3001\u5f7c\u3089\u306f\u8a8d\u8b58\u3057\u3066\u3044\u308b\u304b\u3089\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u60aa\u610f\u3092\u3082\u3063\u3066\u4ea4\u6e09\u306e\u305f\u3081\u306b\u6025\u306b\u53d6\u5f15\u3092\u6e1b\u3089\u305d\u3046\u3068\u3059\u308b\u53d6\u5f15\u76f8\u624b\u306f\u3001\u666e\u901a\u306e\u4f01\u696d\u306b\u3068\u3063\u3066\u306f\u307e\u3068\u3082\u306a\u53d6\u5f15\u76f8\u624b\u306b\u306f\u306a\u3089\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306b\u3068\u3063\u3066\u306e\u554f\u984c\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u8cbf\u6613\u306e\u6e1b\u5c11\u304c\u4e16\u754c\u4e2d\u306e\u30c9\u30eb\u8cc7\u7523\u306e\u58f2\u5374\u306b\u7e4b\u304c\u308b\u3053\u3068\u3067\u3042\u308b\u3002\u4e16\u754c\u4e2d\u306e\u4f01\u696d\u304c\u30c9\u30eb\u3092\u84c4\u3048\u3066\u3044\u305f\u306e\u306f\u3001\u30a2\u30e1\u30ea\u30ab\u3068\u8cbf\u6613\u3059\u308b\u305f\u3081\u3060\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u5916\u56fd\u4eba\u306e\u30c9\u30eb\u8cc7\u7523\u58f2\u308a<\/strong><\/p>\n\n\n\n<p>\u305d\u308c\u3053\u305d\u304c\u8987\u6a29\u56fd\u5bb6\u30a2\u30e1\u30ea\u30ab\u306e\u30d3\u30b8\u30cd\u30b9\u3060\u3063\u305f\u3002\u8ab0\u3082\u304c\u30a2\u30e1\u30ea\u30ab\u3068\u30d3\u30b8\u30cd\u30b9\u3059\u308b\u305f\u3081\u306b\u30c9\u30eb\u3092\u9810\u91d1\u3057\u3066\u304d\u305f\u3002\u30c9\u30eb\u306f\u305d\u3046\u3057\u3066\u57fa\u8ef8\u901a\u8ca8\u3068\u306a\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u30cd\u30a4\u30d4\u30a2\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>\u30c8\u30e9\u30f3\u30d7\u6c0f\u306f\u72b6\u6cc1\u3092\u904e\u5c0f\u8a55\u4fa1\u3057\u3066\u3044\u308b\u3002\u7c73\u56fd\u50b5\u306e33%\u306f\u5916\u56fd\u4eba\u306b\u3088\u3063\u3066\u4fdd\u6709\u3055\u308c\u3066\u3044\u308b\u3002\u7c73\u56fd\u8ca1\u52d9\u7701\u306e\u30c7\u30fc\u30bf\u306b\u3088\u308c\u3070\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u793e\u50b5\u306e40%\u3001\u7c73\u56fd\u682a\u306e17%\u304c\u5916\u56fd\u4eba\u306b\u3088\u3063\u3066\u4fdd\u6709\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u306e\u8cc7\u7523\u306f\u6d41\u51fa\u3057\u3066\u3086\u304f\u3060\u308d\u3046\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u3053\u306e\u72b6\u6cc1\u3067\u3001\u30c8\u30e9\u30f3\u30d7\u6c0f\u306f\u5916\u56fd\u4f01\u696d\u304c\u300c\u30a2\u30e1\u30ea\u30ab\u3068\u306e\u8cbf\u6613\u306f\u6e1b\u3089\u3057\u305f\u65b9\u304c\u5b89\u5168\u3060\u300d\u3068\u601d\u3046\u3088\u3046\u306a\u72b6\u6cc1\u3092\u4f5c\u308a\u51fa\u3057\u3066\u3057\u307e\u3063\u305f\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3082\u30cd\u30a4\u30d4\u30a2\u6c0f\u306b\u3088\u308c\u3070\u3001\u30a2\u30e1\u30ea\u30ab\u4ee5\u5916\u306e\u5148\u9032\u56fd\u306f\u3053\u3046\u3057\u305f\u8cc7\u7523\u3092\u4e01\u5ea6\u81ea\u56fd\u306e\u305f\u3081\u306b\u4f7f\u3044\u305f\u3044\u3068\u601d\u3063\u3066\u3044\u308b\u3068\u3044\u3046\u3002<\/p>\n\n\n\n<p>\u7279\u306b\u30e8\u30fc\u30ed\u30c3\u30d1\u306f\u3001\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\u30a6\u30af\u30e9\u30a4\u30ca\u304b\u3089\u624b\u3092\u5f15\u304d\u305f\u304c\u3063\u3066\u3044\u308b\u305f\u3081\u3001\u81ea\u5206\u3067\u9632\u885b\u80fd\u529b\u3092\u9ad8\u3081\u308b\u5fc5\u8981\u6027\u306b\u8ffd\u308f\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u81ea\u56fd\u306e\u9632\u885b\u7523\u696d\u3078\u306e\u6295\u8cc7\u304c\u3001\u4eca\u5e74\u6b27\u5dde\u682a\u304c\u7c73\u56fd\u682a\u3088\u308a\u3082\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u304c\u826f\u3044\u539f\u56e0\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u3060\u304c\u9632\u885b\u8cbb\u306e\u5897\u984d\u306b\u306f\u5f53\u305f\u308a\u524d\u3060\u304c\u8cc7\u91d1\u304c\u5fc5\u8981\u3067\u3042\u308b\u3002\u30cd\u30a4\u30d4\u30a2\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>\u30a4\u30ae\u30ea\u30b9\u3084\u30d5\u30e9\u30f3\u30b9\u3084\u30c9\u30a4\u30c4\u304c\u81ea\u56fd\u3092\u5897\u5f37\u3059\u308b\u305f\u3081\u306b\u56fd\u5916\u306e\u8cc7\u7523\u3092\u56fd\u5185\u306b\u547c\u3073\u623b\u305d\u3046\u3068\u3059\u308c\u3070\u3001\u3069\u306e\u8cc7\u7523\u304c\u307e\u305a\u5bfe\u8c61\u306b\u306a\u308b\u3060\u308d\u3046\u304b\uff1f\u3000\u56fd\u5916\u8cc7\u7523\u306e\u4e2d\u3067\u3082\u3059\u3050\u306b\u58f2\u308c\u308b\u3082\u306e\u3001\u3064\u307e\u308a\u305d\u308c\u306f\u7c73\u56fd\u50b5\u3068S&amp;P 500\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u65e5\u672c\u3068\u30c9\u30a4\u30c4<\/strong><\/p>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306b\u6295\u8cc7\u3057\u3066\u3044\u305f\u56fd\u304c\u81ea\u56fd\u306b\u8cc7\u91d1\u3092\u632f\u308a\u5206\u3051\u308b\u3002\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u8cbf\u6613\u653f\u7b56\u306f\u3001\u305d\u3046\u3044\u3046\u72b6\u6cc1\u306b\u683c\u597d\u306e\u53e3\u5b9f\u3092\u4e0e\u3048\u3066\u3057\u307e\u3063\u305f\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u3053\u306e\u72b6\u6cc1\u3067\u3082\u3063\u3068\u3082\u91cd\u8981\u306a2\u56fd\u304c\u3001\u30cd\u30a4\u30d4\u30a2\u6c0f\u306b\u3088\u308c\u3070\u65e5\u672c\u3068\u30c9\u30a4\u30c4\u3060\u3068\u3044\u3046\u3002<\/p>\n\n\n\n<p>\u30cd\u30a4\u30d4\u30a2\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>\u5148\u9032\u56fd\u306f\u8cc7\u91d1\u4e0d\u8db3\u3060\u3002\u65e5\u672c\u3082\u305d\u3046\u3060\u3002<\/p>\n\n\n\n<p>\u3053\u306e\u554f\u984c\u3067\u91cd\u8981\u306a\u306e\u306f\u65e5\u672c\u3068\u30c9\u30a4\u30c4\u3060\u3002\u3053\u308c\u3089\u306e\u56fd\u306f\u5927\u304d\u306a\u56fd\u5916\u8cc7\u7523\u3092\u6301\u3063\u3066\u3044\u308b\u304c\u3001\u4e21\u56fd\u3068\u3082\u305d\u308c\u3092\u56fd\u5185\u306b\u547c\u3073\u623b\u3059\u5fc5\u8981\u306b\u8feb\u3089\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u30c9\u30a4\u30c4\u306f\u56fd\u5185\u3078\u306e\u6295\u8cc7\u306b\u3001\u65e5\u672c\u306f\u70ba\u66ff\u30ec\u30fc\u30c8\u3092\u7dad\u6301\u3059\u308b\u305f\u3081\u306b\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30c9\u30a4\u30c4\u306f\u3001\u30e6\u30fc\u30ed\u570f\u6700\u5927\u306e\u7d4c\u6e08\u5927\u56fd\u3068\u3057\u3066\u81ea\u56fd\u9632\u885b\u306e\u305f\u3081\u306e\u652f\u51fa\u3092\u5897\u3084\u3059\u3053\u3068\u3092\u8feb\u3089\u308c\u3066\u3044\u308b\u3002\u305d\u308c\u304c\u30c9\u30a4\u30c4\u682a\u3092\u62bc\u3057\u4e0a\u3052\u3066\u3044\u308b\u304c\u3001\u5f53\u7136\u305d\u306e\u884c\u70ba\u306b\u306f\u8cc7\u91d1\u304c\u5fc5\u8981\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u65e5\u672c\u3067\u306f\u5186\u5b89\u304c\u554f\u984c\u306b\u306a\u3063\u3066\u3044\u308b\u3002\u65e5\u9280\u306e\u7de9\u548c\u653f\u7b56\u304c\u5186\u5b89\u306e\u539f\u56e0\u306a\u306e\u3060\u304b\u3089\u3001\u91d1\u5229\u3092\u4e0a\u3052\u308c\u3070\u5186\u5b89\u306f\u89e3\u6c7a\u3059\u308b\u306e\u3060\u304c\u300130\u5e74\u7269\u65e5\u672c\u56fd\u50b5\u306e\u4e0b\u843d\u304c\u6b62\u307e\u3089\u306a\u3044\u72b6\u6cc1\u3067\u306a\u304b\u306a\u304b\u7de9\u548c\u304c\u6b62\u3081\u3089\u308c\u306a\u3044\u72b6\u6cc1\u306b\u8ffd\u3044\u8fbc\u307e\u308c\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/66882\" data-type=\"post\" data-id=\"66882\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u65e5\u672c\u3082\u30a2\u30e1\u30ea\u30ab\u3082\u8d85\u9577\u671f\u56fd\u50b5\u304b\u3089\u306e\u8cc7\u91d1\u9003\u907f\u304c\u59cb\u307e\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3057\u304b\u3057\u65e5\u672c\u306b\u306f\u91d1\u878d\u653f\u7b56\u3092\u5909\u3048\u305a\u306b\u70ba\u66ff\u30ec\u30fc\u30c8\u3092\u5186\u9ad8\u306b\u3059\u308b\u7d76\u597d\u306e\u65b9\u6cd5\u304c\u3042\u308b\u3002\u65e5\u672c\u4eba\u304c\u4fdd\u6709\u3057\u3066\u3044\u308b\u5927\u91cf\u306e\u5916\u8ca8\u5efa\u3066\u8cc7\u7523\u3092\u65e5\u672c\u5186\u306b\u63db\u91d1\u3055\u305b\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u300c\u65e5\u672c\u4eba\u304c\u65e5\u672c\u653f\u5e9c\u306e\u90fd\u5408\u3067\u6d77\u5916\u8cc7\u7523\u3092\u58f2\u308b\u3060\u308d\u3046\u304b\u300d\u3068\u8003\u3048\u308b\u8aad\u8005\u3082\u3042\u308b\u3060\u308d\u3046\u304c\u3001\u305d\u3046\u3044\u3046\u3053\u3068\u3067\u306f\u306a\u3044\u3002\u30cd\u30a4\u30d4\u30a2\u6c0f\u306f\u4ee5\u524d\u5148\u9032\u56fd\u304c\u8cc7\u672c\u7d71\u5236\u3092\u884c\u3046\u53ef\u80fd\u6027\u3092\u6307\u6458\u3057\u3001\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\u3066\u3044\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/66123\" data-type=\"post\" data-id=\"66123\">\u30cd\u30a4\u30d4\u30a2\u6c0f\u3001\u30a2\u30e1\u30ea\u30ab\u306f\u7c73\u56fd\u50b5\u4e0b\u843d\u3067\u8cc7\u672c\u7d71\u5236\u3092\u884c\u3046\u3068\u4e88\u60f3<\/a><\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u91d1\u5229\u304c\u6025\u9a30\u3059\u308c\u3070\u3001\u653f\u5e9c\u306f\u8cc7\u91d1\u8abf\u9054\u304c\u56f0\u96e3\u306b\u306a\u308b\u3002\u6c11\u9593\u304c\u304a\u91d1\u3092\u501f\u308a\u308b\u6642\u306f\u56fd\u50b5\u4ee5\u4e0a\u306e\u91d1\u5229\u3092\u652f\u6255\u308f\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u304f\u306a\u308b\u306e\u3067\u3001\u6c11\u9593\u3067\u3082\u50b5\u52d9\u5371\u6a5f\u304c\u8d77\u3053\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3046\u3057\u3066\u9280\u884c\u306a\u3069\u306b\u56fd\u50b5\u3092\u8cb7\u3044\u53d6\u3089\u305b\u308b\u3002\u305d\u308c\u306f\u5b9f\u8cea\u7684\u306b\u306f\u6d77\u5916\u304b\u3089\u306e\u8cc7\u91d1\u5f15\u304d\u63da\u3052\u3060\u3002<\/p>\n\n\n\n<p>\u308f\u305f\u3057\u306f\u56fd\u6c11\u306b\u56fd\u50b5\u306e\u8cb7\u3044\u3092\u5f37\u8981\u3059\u308b\u3053\u3068\u3092\u8cc7\u672c\u7d71\u5236\u306e\u4e00\u7a2e\u3060\u3068\u8003\u3048\u308b\u3002\u4f55\u6545\u306a\u3089\u3070\u3001\u4ee3\u308f\u308a\u306b\u4f55\u3092\u58f2\u3089\u305b\u308b\u304b\u3068\u8a00\u3048\u3070\u3001\u305d\u308c\u306f\u5e38\u306b\u56fd\u5916\u8cc7\u7523\u3060\u304b\u3089\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u5c11\u306a\u304f\u3068\u3082\u65e5\u672c\u306f\u304b\u306a\u308a\u3053\u306e\u30b7\u30ca\u30ea\u30aa\u306b\u8fd1\u3065\u3044\u3066\u3044\u308b\u300230\u5e74\u7269\u56fd\u50b5\u306e\u4e0b\u843d\u3092\u65e5\u672c\u306f\u3069\u3046\u3059\u308b\u306e\u304b\u3002<\/p>\n\n\n\n<p>\u30e8\u30fc\u30ed\u30c3\u30d1\u3082\u304a\u91d1\u304c\u5fc5\u8981\u3067\u3042\u308b\u3002\u3053\u308c\u307e\u3067\u306e\u3088\u3046\u306b\u3001\u5916\u8ca8\u3092\u305d\u306e\u307e\u307e\u5bdd\u304b\u3057\u3066\u304a\u304f\u3088\u3046\u306a\u8d05\u6ca2\u306f\u3067\u304d\u306a\u304f\u306a\u308b\u3002\u73fe\u91d1\u3092\u78ba\u4fdd\u3059\u308b\u305f\u3081\u306b\u4f55\u3092\u58f2\u308b\u306e\u304b\uff1f\u3000\u30cd\u30a4\u30d4\u30a2\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>\u5f7c\u3089\u304c\u4f55\u3092\u58f2\u308b\u304b\uff1f\u3000\u30a2\u30e1\u30ea\u30ab\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u8cbf\u6613\u76f8\u624b\u306e\u3053\u3068\u3092\u8003\u3048\u306a\u3044\u30a2\u30e1\u30ea\u30ab\u306e\u632f\u308b\u821e\u3044\u3068\u3001\u305d\u306e\u4ed6\u306e\u5148\u9032\u56fd\u304c\u8cc7\u91d1\u306b\u56f0\u308a\u59cb\u3081\u305f\u3053\u3068\u306f\u3001\u4e21\u65b9\u3068\u3082\u30c9\u30eb\u8cc7\u7523\u304b\u3089\u306e\u8cc7\u91d1\u9003\u907f\u306e\u571f\u53f0\u3068\u306a\u3063\u3066\u3044\u308b\u304c\u3001\u3053\u308c\u3089\u306f\u5076\u7136\u540c\u3058\u6642\u671f\u306b\u8d77\u3053\u3063\u305f\u308f\u3051\u3067\u306f\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u306e\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\u306b\u66f8\u3044\u3066\u3042\u3063\u305f\u3067\u306f\u306a\u3044\u304b\u3002\u5148\u9032\u56fd\u304c\u8870\u9000\u3059\u308b\u3068\u304d\u3001\u5404\u56fd\u306f\u81ea\u56fd\u306e\u90fd\u5408\u3067\u3044\u3063\u3071\u3044\u306b\u306a\u308a\u3001\u8987\u6a29\u56fd\u5bb6\u3078\u306e\u8cc7\u91d1\u6d41\u5165\u304c\u8cc7\u91d1\u6d41\u51fa\u3078\u3068\u9006\u8ee2\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u304c\u66f8\u3044\u3066\u3044\u308b\u901a\u308a\u3001\u5927\u82f1\u5e1d\u56fd\u306e\u6642\u3082\u30aa\u30e9\u30f3\u30c0\u6d77\u4e0a\u5e1d\u56fd\u306e\u6642\u3082\u305d\u3046\u3060\u3063\u305f\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30c9\u30eb\u8cc7\u7523\u304b\u3089\u306e\u8cc7\u91d1\u6d41\u51fa\u304c\u59cb\u307e\u3063\u3066\u3044\u308b\u3002\u305d\u308c\u3067\u30b4\u30fc\u30eb\u30c9\u306b\u8cc7\u91d1\u304c\u6d41\u308c\u3066\u3044\u308b\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\/63905\" data-type=\"post\" data-id=\"63905\">\u30d5\u30a9\u30f3\u30fb\u30b0\u30e9\u30a4\u30a2\u30fc\u30c4\u6c0f: \u30c9\u30eb\u304b\u3089\u306e\u8cc7\u91d1\u9003\u907f\u3067\u4e0a\u6607\u3057\u305f\u30b4\u30fc\u30eb\u30c9\u306f\u3082\u3046\u4e8c\u5ea6\u3068\u4e0b\u843d\u3057\u306a\u3044\u3001\u30b7\u30eb\u30d0\u30fc\u306f\u3053\u308c\u304b\u3089\u66b4\u9a30\u3059\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p><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><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5f15\u304d\u7d9a\u304d\u3001The Solid Ground Newsletter\u306e\u30e9\u30c3\u30bb\u30eb\u30fb\u30cd\u30a4\u30d4\u30a2\u6c0f\u306e\u3001Making Money Podcast\u306b\u3088\u308b\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3042\u308b\u3002 \u4eca\u56de\u306f\u30a2\u30e1\u30ea\u30ab\u304b\u3089\u306e\u8cc7\u91d1\u6d41\u51fa\u3068\u7c73\u56fd\u682a\u306e\u52d5\u5411\u4e88\u60f3\u306b\u3064\u3044\u3066\u8ff0\u3079\u3066\u3044 &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/67016\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u30cd\u30a4\u30d4\u30a2\u6c0f: \u65e5\u672c\u4eba\u306e\u30c9\u30eb\u8cc7\u7523\u58f2\u308a\u304c\u7c73\u56fd\u682a\u3092\u4e0b\u843d\u3055\u305b\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":[59,120,111,19],"tags":[202],"class_list":["post-67016","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-usdjpy","category-stock-markets","category-foreign-exchange-market","tag-russell-napier"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/67016","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=67016"}],"version-history":[{"count":48,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/67016\/revisions"}],"predecessor-version":[{"id":67064,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/67016\/revisions\/67064"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=67016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=67016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=67016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}