{"id":68631,"date":"2025-07-31T20:00:00","date_gmt":"2025-07-31T11:00:00","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=68631"},"modified":"2025-07-30T18:54:00","modified_gmt":"2025-07-30T09:54:00","slug":"%e3%83%ac%e3%82%a4%e3%83%bb%e3%83%80%e3%83%aa%e3%82%aa%e6%b0%8f-%e3%82%a2%e3%83%a1%e3%83%aa%e3%82%ab%e3%81%ae%e5%82%b5%e5%8b%99%e5%95%8f%e9%a1%8c%e3%81%a7%e7%b1%b3%e5%9b%bd%e5%82%b5%e3%81%8c%e5%a3%b2","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/68631","title":{"rendered":"\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u30a2\u30e1\u30ea\u30ab\u306e\u50b5\u52d9\u554f\u984c\u3067\u7c73\u56fd\u50b5\u304c\u58f2\u3089\u308c\u308b\u3068\u7c73\u56fd\u682a\u3082\u4e0b\u843d\u3059\u308b"},"content":{"rendered":"\n<p>\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9Bridgewater\u5275\u696d\u8005\u306e\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u304c\u3001Master Investor\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3001\u7c73\u56fd\u306e\u50b5\u52d9\u554f\u984c\u3068\u91d1\u878d\u5e02\u5834\u3078\u306e\u5f71\u97ff\u306b\u3064\u3044\u3066\u8a9e\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30a4\u30f3\u30d5\u30ec\u3068\u50b5\u52d9\u554f\u984c<\/strong><\/p>\n\n\n\n<p>2025\u5e74\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u8ca1\u653f\u8d64\u5b57\u306e\u8b70\u8ad6\u304c\u904e\u71b1\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u3053\u308c\u307e\u3067\u306f\u653f\u5e9c\u50b5\u52d9\u306f\u3069\u308c\u3060\u3051\u5897\u3048\u3066\u3082\u554f\u984c\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u304c\u307e\u3053\u3068\u3057\u3084\u304b\u306b\u8a00\u308f\u308c\u3066\u304d\u305f\u3002\u3060\u304c\u30b3\u30ed\u30ca\u5f8c\u306e\u30a4\u30f3\u30d5\u30ec\u3068\u91d1\u5229\u4e0a\u6607\u3067\u3001\u4eca\u3084\u5927\u91cf\u306e\u7c73\u56fd\u50b5\u306b\u306f\u591a\u984d\u306e\u5229\u6255\u3044\u304c\u767a\u751f\u3057\u3066\u304a\u308a\u3001\u5229\u6255\u3044\u306f\u7c73\u56fd\u50b5\u306e\u65b0\u898f\u767a\u884c\u3067\u8cc4\u308f\u308c\u308b\u306e\u3067\u3001\u3053\u306e\u307e\u307e\u3067\u306f\u7c73\u56fd\u50b5\u304c\u6307\u6570\u95a2\u6570\u7684\u306b\u5897\u52a0\u3057\u3066\u3086\u304f\u3002<\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u306b\u306a\u3089\u306a\u3044\u9650\u308a\u554f\u984c\u306a\u3044\u3068\u8a00\u308f\u308c\u3066\u3044\u305f\u30a4\u30f3\u30d5\u30ec\u653f\u7b56\u304c\u554f\u984c\u306b\u306a\u3063\u3066\u3057\u307e\u3063\u305f\u306e\u306f\u4f55\u6545\u304b\u3002\u30a4\u30f3\u30d5\u30ec\u653f\u7b56\u3067\u30a4\u30f3\u30d5\u30ec\u306b\u306a\u3063\u305f\u304b\u3089\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/48045\" data-type=\"post\" data-id=\"48045\">\u30cf\u30a4\u30a8\u30af\u6c0f: \u91d1\u878d\u7de9\u548c\u3067\u30c7\u30d5\u30ec\u3092\u9632\u3054\u3046\u3068\u3059\u308c\u3070\u7d4c\u6e08\u306f\u60aa\u5316\u3059\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3053\u306e\u72b6\u6cc1\u306f\u3001\u91d1\u878d\u306e\u6b74\u53f2\u3092\u7814\u7a76\u3057\u3066\u3044\u308b\u30c0\u30ea\u30aa\u6c0f\u306b\u3068\u3063\u3066\u306f\u5f53\u305f\u308a\u524d\u7d50\u679c\u3067\u3042\u308b\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>\u30a2\u30e1\u30ea\u30ab\u306e\u50b5\u52d9\u554f\u984c\u306f\u3001\u30dd\u30f3\u30c9\u304c\u57fa\u8ef8\u901a\u8ca8\u3060\u3063\u305f\u6642\u306e\u5927\u82f1\u5e1d\u56fd\u3084\u3001\u305d\u306e\u524d\u306e\u30aa\u30e9\u30f3\u30c0\u6d77\u4e0a\u5e1d\u56fd\u306e\u50b5\u52d9\u554f\u984c\u3068\u540c\u3058\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u8457\u66f8\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\u30a2\u30e1\u30ea\u30ab\u4ee5\u524d\u306b\u8987\u6a29\u56fd\u5bb6\u3060\u3063\u305f\u5927\u82f1\u5e1d\u56fd\u3084\u30aa\u30e9\u30f3\u30c0\u6d77\u4e0a\u5e1d\u56fd\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u3068\u91d1\u5229\u4e0a\u6607\u3068\u50b5\u52d9\u904e\u591a\u306b\u3088\u3063\u3066\u8870\u9000\u3057\u3066\u3044\u3063\u305f\u3053\u3068\u3092\u4e01\u5be7\u306b\u89e3\u8aac\u3057\u3066\u3044\u308b\u3002<\/p>\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\n\n\n<p>\u3060\u304c\u73fe\u4ee3\u306b\u304a\u3044\u3066\u3082\u4eba\u3005\u306f\u30a4\u30f3\u30d5\u30ec\u653f\u7b56\u304b\u3089\u9003\u308c\u3089\u308c\u305a\u3001\u30a4\u30f3\u30d5\u30ec\u3092\u5f15\u304d\u8d77\u3053\u3057\u3066\u7c73\u56fd\u50b5\u306e\u5229\u6255\u3044\u304c\u554f\u984c\u3068\u306a\u3063\u3066\u3057\u307e\u3063\u305f\u3002<\/p>\n\n\n\n<p><strong>\u7c73\u56fd\u50b5\u306e\u5927\u91cf\u767a\u884c<\/strong><\/p>\n\n\n\n<p>\u3055\u3066\u3001\u3053\u306e\u7c73\u56fd\u50b5\u306e\u554f\u984c\u306f\u5177\u4f53\u7684\u306b\u3069\u308c\u304f\u3089\u3044\u903c\u8feb\u3057\u3066\u3044\u308b\u306e\u304b\u3002<\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u89e3\u8aac\u3057\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>\u6765\u5e74\u306e\u3053\u3068\u3092\u8003\u3048\u308c\u3070\u3001\u7c73\u56fd\u653f\u5e9c\u304c\u58f2\u3089\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u7c73\u56fd\u50b5\u306e\u91cf\u306f\u304a\u3088\u305d12\u5146\u30c9\u30eb\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<p>1\u5146\u30c9\u30eb\u306f\u56fd\u50b5\u306e\u5229\u6255\u3044\u304b\u3089\u30012\u5146\u30c9\u30eb\u306f\u65b0\u305f\u306a\u501f\u91d1\u30019\u5146\u30c9\u30eb\u306f\u6e80\u671f\u306b\u306a\u308b\u56fd\u50b5\u306e\u501f\u308a\u63db\u3048\u304b\u3089\u6765\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u306f12\u5146\u30c9\u30eb\u5206\u306e\u7c73\u56fd\u50b5\u306e\u8cb7\u3044\u624b\u3092\u898b\u3064\u3051\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u3053\u3068\u3092\u610f\u5473\u3059\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u4e16\u754c\u7d4c\u6e08\u306e\u898f\u6a21\u611f\u3092\u628a\u63e1\u3057\u3066\u3044\u308b\u8aad\u8005\u306a\u3089\u3070\u3001\u3053\u308c\u304c\u3069\u3046\u3044\u3046\u72b6\u6cc1\u304b\u5206\u304b\u3063\u305f\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u30a2\u30e1\u30ea\u30ab\u306e\u653f\u5e9c\u50b5\u52d9\u306f\u5408\u8a08\u306736\u5146\u30c9\u30eb\u306a\u306e\u3067\u300112\u5146\u30c9\u30eb\u3068\u8a00\u3048\u3070\u7c73\u56fd\u50b5\u5168\u4f53\u306e33%\u304c\u8cb7\u3044\u624b\u3092\u898b\u3064\u3051\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u8a08\u7b97\u306b\u306a\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/66685\" data-type=\"post\" data-id=\"66685\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u7c73\u56fd\u50b5\u306f\u66b4\u843d\u3057\u3066\u304b\u3089\u66b4\u9a30\u3059\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3082\u3061\u308d\u3093\u501f\u308a\u63db\u3048\u306e\u5206\u306f\u3001\u6e80\u671f\u306b\u306a\u3063\u305f\u5206\u306e\u7c73\u56fd\u50b5\u3092\u3082\u3068\u306e\u8cb7\u3044\u624b\u304c\u307e\u305f\u8cb7\u3044\u76f4\u3059\u3053\u3068\u3082\u6709\u308a\u5f97\u308b\u3060\u308d\u3046\u304c\u3001\u305d\u308c\u3092\u8003\u616e\u3057\u3066\u3082\u304b\u306a\u308a\u306e\u91cf\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u8cb7\u3044\u624b\u4e0d\u8db3\u3067\u7c73\u56fd\u50b5\u4e0b\u843d<\/strong><\/p>\n\n\n\n<p>\u3082\u3057\u7c73\u56fd\u50b5\u304c\u3053\u306e\u5927\u91cf\u306e\u8cb7\u3044\u624b\u3092\u898b\u3064\u3051\u3089\u308c\u306a\u3051\u308c\u3070\u3001\u9700\u8981\u3068\u4f9b\u7d66\u306e\u95a2\u4fc2\u304b\u3089\u7c73\u56fd\u50b5\u306e\u4fa1\u683c\u306f\u4e0b\u843d\u305b\u3056\u308b\u3092\u5f97\u306a\u3044\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/67944\" data-type=\"post\" data-id=\"67944\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u7c73\u56fd\u50b5\u66b4\u843d\u304c\u56de\u907f\u3055\u308c\u308b\u53ef\u80fd\u6027\u306f5%<\/a><\/li>\n<\/ul>\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\u9700\u8981\u3068\u4f9b\u7d66\u304c\u5371\u6a5f\u7684\u72b6\u6cc1\u306b\u9054\u3059\u308b\u3068\u3001\u56fd\u50b5\u304c\u58f2\u3089\u308c\u59cb\u3081\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3046\u306a\u308c\u3070\u3001\u91d1\u5229\u306f\u4e0a\u304c\u308a\u3001\u901a\u8ca8\u306f\u4e0b\u304c\u308a\u3001\u682a\u4fa1\u3082\u305d\u306e\u72b6\u6cc1\u3067\u306f\u4e0b\u843d\u3059\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u8208\u5473\u6df1\u3044\u306e\u306f\u3001\u7c73\u56fd\u50b5\u304c\u4e0b\u843d\u3059\u308c\u3070\u682a\u4fa1\u3082\u4e0b\u843d\u3059\u308b\u3068\u8a00\u3063\u3066\u3044\u308b\u90e8\u5206\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u5b9f\u969b\u3001\u7c73\u56fd\u50b5\u304c\u5927\u304d\u304f\u4e0b\u843d\u3057\u305f\u5834\u9762\u306f\u76f4\u8fd1100\u5e74\u307b\u3069\u306e\u6b74\u53f2\u306e\u306a\u304b\u30672\u56de\u5b58\u5728\u3059\u308b\u3002<\/p>\n\n\n\n<p>1\u56de\u306f1970\u5e74\u4ee3\u306e\u7269\u4fa1\u9ad8\u9a30\u6642\u4ee3\u3001\u3082\u30461\u56de\u306f1929\u5e74\u304b\u3089\u59cb\u307e\u308b\u4e16\u754c\u6050\u614c\u306e\u4f8b\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u305d\u306e\u4e21\u65b9\u306e\u30b1\u30fc\u30b9\u306b\u304a\u3044\u3066\u7c73\u56fd\u682a\u306f\u5927\u304d\u304f\u4e0b\u843d\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/64013\" data-type=\"post\" data-id=\"64013\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: \u7c73\u56fd\u682a\u306f\u904e\u53bb\u306b2\u56de\u300125\u5e74\u9593\u682a\u4fa1\u304c\u4e0a\u304c\u3089\u306a\u304b\u3063\u305f\u4e0b\u843d\u76f8\u5834\u3092\u7d4c\u9a13\u3057\u3066\u3044\u308b<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u3060\u304b\u3089\u30c0\u30ea\u30aa\u6c0f\u306f\u4eca\u56de\u3082\u7c73\u56fd\u50b5\u304c\u4e0b\u843d\u3059\u308c\u3070\u7c73\u56fd\u682a\u306f\u540c\u3058\u3088\u3046\u306b\u306a\u308b\u3068\u4e88\u60f3\u3057\u3066\u3044\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u4e16\u754c\u6050\u614c\u306e\u4f8b\u306b\u3064\u3044\u3066\u306f\u30c0\u30ea\u30aa\u6c0f\u304c\u300e<a href=\"https:\/\/amzn.to\/3IWOGjY\" data-type=\"link\" data-id=\"https:\/\/amzn.to\/3IWOGjY\" target=\"_blank\" rel=\"noreferrer noopener 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noopener\">\u5de8\u5927\u50b5\u52d9\u5371\u6a5f\u3092\u7406\u89e3\u3059\u308b<\/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\u304c\u3001Master 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