{"id":7193,"date":"2018-01-11T20:03:55","date_gmt":"2018-01-11T11:03:55","guid":{"rendered":"http:\/\/www.globalmacroresearch.org\/jp\/?p=7193"},"modified":"2018-01-11T16:42:16","modified_gmt":"2018-01-11T07:42:16","slug":"%e3%82%ac%e3%83%b3%e3%83%88%e3%83%a9%e3%83%83%e3%82%af%e6%b0%8f-2018%e5%b9%b4%e3%80%81%e7%b1%b3%e5%9b%bd%e6%a0%aa%e3%81%af%e4%b8%80%e5%ba%a6%e4%b8%8a%e6%98%87%e3%81%97%e3%81%a6%e3%81%8b%e3%82%89","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7193","title":{"rendered":"\u30ac\u30f3\u30c8\u30e9\u30c3\u30af\u6c0f: 2018\u5e74\u3001\u7c73\u56fd\u682a\u306f\u4e00\u5ea6\u4e0a\u6607\u3057\u3066\u304b\u3089\u5927\u5e45\u306b\u4e0b\u843d\u3059\u308b"},"content":{"rendered":"<p>2018\u5e74\u306b\u5165\u308a\u3001\u69d8\u3005\u306a\u6295\u8cc7\u5bb6\u304c\u4eca\u5e74\u306e\u76f8\u5834\u4e88\u60f3\u3092\u8868\u660e\u3057\u3066\u3044\u308b\u304c\u3001\u5148\u305a\u306f\u30c8\u30e9\u30f3\u30d7\u76f8\u5834\u306e\u521d\u671f\u3092\u7684\u78ba\u306b\u4e88\u60f3\u3057\u305f\u8457\u540d\u50b5\u5238\u6295\u8cc7\u5bb6\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c8\u30e9\u30c3\u30af\u6c0f\u306e\u7c73\u56fd\u682a\u4e88\u60f3\u304b\u3089\u7d39\u4ecb\u3057\u3088\u3046\u3002\u767a\u8a00\u306f\u5e74\u59cb\u306e\u3082\u306e\u3067\u3042\u308a\u3001Reuters\uff08<a href=\"https:\/\/www.reuters.com\/article\/us-funds-doubleline\/doublelines-gundlach-predicts-sp-will-post-negative-return-in-2018-idUSKBN1EY2R2\" target=\"_blank\" rel=\"noopener\">\u539f\u6587\u82f1\u8a9e<\/a>\uff09\u3084CNBC\uff08<a href=\"https:\/\/www.cnbc.com\/2018\/01\/09\/doublelines-gundlach-predicts-sp-will-post-negative-return-in-2018.html\" target=\"_blank\" rel=\"noopener\">\u539f\u6587\u82f1\u8a9e<\/a>\uff09\u306a\u3069\u304c\u4f1d\u3048\u3066\u3044\u308b\u3002<\/p>\n<p><!--more--><strong>2018\u5e74\u306e\u7c73\u56fd\u682a\u76f8\u5834\u898b\u901a\u3057<\/strong><\/p>\n<p>2018\u5e74\u306e\u30ac\u30f3\u30c8\u30e9\u30c3\u30af\u6c0f\u306e\u7c73\u56fd\u682a\u4e88\u60f3\u306f\u4ee5\u4e0b\u306e\u901a\u308a\u3067\u3042\u308b\u3002<\/p>\n<blockquote><p>\u30a2\u30e1\u30ea\u30ab\u306e\u666f\u6c17\u3092\u8a08\u6e2c\u3059\u308b\u3059\u3079\u3066\u306e\u6307\u6a19\u306f\u3001\u666f\u6c17\u5f8c\u9000\u306f\u6765\u306a\u3044\u3068\u4e3b\u5f35\u3057\u3066\u3044\u308b\u3002\u305d\u3057\u3066\u305d\u308c\u306f\u5e02\u5834\u304c\u305d\u306e\u72b6\u614b\u3092\u65e2\u306b\u7e54\u308a\u8fbc\u3093\u3067\u3044\u308b\u3053\u3068\u3092\u610f\u5473\u3057\u3066\u3044\u308b\u3002<\/p>\n<p>\u3053\u306e\u7406\u7531\u306b\u3088\u308a\u3001\u308f\u305f\u3057\u306fS&amp;P 500\u304c2018\u5e74\u524d\u534a\u306b\u6bd4\u8f03\u7684\u826f\u3044\u52d5\u304d\u3092\u898b\u305b\u305f\u5f8c\u3001\u4e0b\u843d\u3059\u308b\u3053\u3068\u3092\u4e88\u60f3\u3057\u3066\u3044\u308b\u3002<\/p><\/blockquote>\n<p>2017\u5e74\u3001\u7c73\u56fd\u682a\u306f\u5927\u304d\u306a\u4e0a\u6607\u3092\u898b\u305b\u305f\u304c\u3001\u305d\u306e\u7406\u7531\u306f\u4e3b\u306b\u4ee5\u4e0b\u306e\u901a\u308a\u3067\u3042\u308b\u3002<\/p>\n<ul>\n<li>\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u306e\u7a0e\u5236\u6539\u9769\u3067\u6cd5\u4eba\u6e1b\u7a0e\u304c\u5b9f\u73fe\u3057\u305f\u3053\u3068<\/li>\n<li>\u539f\u6cb9\u4fa1\u683c\u4e0a\u6607\u306b\u3088\u308a\u30a8\u30cd\u30eb\u30ae\u30fc\u682a\u304c\u4e0a\u6607\u3057\u305f\u3053\u3068<\/li>\n<li>\u9577\u671f\u91d1\u5229\u304c\u4e0a\u304c\u3089\u306a\u304b\u3063\u305f\u3053\u3068<\/li>\n<\/ul>\n<p>\u3053\u306e\u5185\u3001\u7a0e\u5236\u6539\u9769\u306b\u3064\u3044\u3066\u306f\u65e2\u306b\u7e54\u308a\u8fbc\u307e\u308c\u3066\u3044\u308b\u3068\u8a00\u3063\u3066\u3088\u3044\u3002\u539f\u6cb9\u4fa1\u683c\u306b\u3064\u3044\u3066\u306f\u65e2\u306b\u4e0a\u304c\u3063\u3066\u304a\u308a\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u7684\u306a\u5929\u4e95\u304c\u8fd1\u3044\u3002\u305d\u3057\u3066\u91d1\u5229\u306b\u3064\u3044\u3066\u306f\u3001\u4eca\u5f8c\u6b21\u7b2c\u3068\u3044\u3046\u3053\u3068\u306b\u306a\u308b\u3002<\/p>\n<p>\u30ac\u30f3\u30c8\u30e9\u30c3\u30af\u6c0f\u306f\u3001\u4eca\u5e74\u306e\u7c73\u56fd\u682a\u306e\u52d5\u5411\u306b\u3064\u3044\u3066\u3088\u308a\u8a73\u3057\u3044\u5206\u6790\u3092\u884c\u3063\u3066\u3044\u308b\u3002<\/p>\n<blockquote><p>S&amp;P 500\u306f\u4eca\u5e74\u306e\u524d\u534a\u306f15%\u307b\u3069\u306e\u4e0a\u6607\u3092\u898b\u305b\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u304c\u3001\u305d\u306e\u5f8c\u4e0b\u843d\u3057\u3001\u524d\u534a\u306e\u4e0a\u6607\u5206\u3092\u3059\u3079\u3066\u5410\u304d\u51fa\u3057\u305f\u5f8c\u30012018\u5e74\u5168\u4f53\u3067\u306f\u30de\u30a4\u30ca\u30b9\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3068\u306a\u308b\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n<p><strong>\u682a\u4fa1\u4e0b\u843d\u4e88\u60f3\u306e\u7406\u7531<\/strong><\/p>\n<p>\u3067\u306f\u3001\u682a\u4fa1\u306f\u4f55\u6545\u4e0b\u304c\u308b\u306e\u304b\uff1f\u3000\u4e0a\u6607\u8981\u56e0\u3092\u65e2\u306b\u7e54\u308a\u8fbc\u3093\u3067\u3057\u307e\u3063\u305f\u3053\u3068\u3082\u4e00\u56e0\u3060\u304c\u3001\u4ee5\u524d\u3088\u308a\u91d1\u5229\u4e0a\u6607\u3092\u4e88\u60f3\u3057\u3066\u3044\u308b\u30ac\u30f3\u30c8\u30e9\u30c3\u30af\u6c0f\u304c\u682a\u4fa1\u4e0b\u843d\u306e\u7406\u7531\u306b\u3042\u3052\u308b\u306e\u306f\u3084\u306f\u308a\u9577\u671f\u91d1\u5229\u3067\u3042\u308b\u3002<\/p>\n<blockquote><p>\u9577\u671f\u91d1\u5229\u304c2.63%\u3092\u8d85\u3048\u305f\u5834\u5408\u306b\u306f\u3001\u91d1\u5229\u4e0a\u6607\u306b\u6b6f\u6b62\u3081\u304c\u52b9\u304b\u306a\u304f\u306a\u308a\u3001\u305d\u3057\u3066\u682a\u5f0f\u5e02\u5834\u306f\u5f71\u97ff\u3092\u53d7\u3051\u308b\u3053\u3068\u306b\u306a\u308b\u3002\u305d\u3057\u3066\u304a\u305d\u3089\u304f\u305d\u308c\u304c\u6b21\u306b\u5b9f\u969b\u306b\u8d77\u3053\u308b\u30b7\u30ca\u30ea\u30aa\u3060\u308d\u3046\u3002<\/p><\/blockquote>\n<p>\u56e0\u307f\u306b\u9577\u671f\u91d1\u5229\u306e\u30c1\u30e3\u30fc\u30c8\u306f\u4ee5\u4e0b\u306e\u901a\u308a\u3067\u3042\u308b\u3002\u5e74\u660e\u3051\u304b\u3089\u6025\u4e0a\u6607\u3057\u3066\u3044\u308b\u306e\u304c\u5206\u304b\u308b\u3002\u30ac\u30f3\u30c8\u30e9\u30c3\u30af\u6c0f\u304c\u5206\u5c90\u70b9\u3068\u3057\u3066\u6319\u3052\u308b2.63%\u3068\u3044\u3046\u30dd\u30a4\u30f3\u30c8\u306b\u9054\u3057\u3066\u306f\u3044\u306a\u3044\u304c\u3001\u65e2\u306b\u304b\u306a\u308a\u8fd1\u3044\u3068\u8a00\u3048\u308b\u3002<\/p>\n<p><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/01\/2018-1-11-us-10-year-treasury-note-yield-chart.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7194\" src=\"http:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/01\/2018-1-11-us-10-year-treasury-note-yield-chart.png\" alt=\"\" width=\"600\" height=\"402\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/01\/2018-1-11-us-10-year-treasury-note-yield-chart.png 600w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2018\/01\/2018-1-11-us-10-year-treasury-note-yield-chart-300x201.png 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p>2017\u5e74\u306b\u306f\u9577\u671f\u91d1\u5229\u306f\u4f55\u3068\u304b\u9ad8\u9a30\u305b\u305a\u306b\u8010\u3048\u305f\u304c\u3001\u305d\u308c\u3067\u3082\u5229\u4e0a\u3052\u306b\u3088\u3063\u3066\u77ed\u671f\u91d1\u5229\u304c\u4e0a\u6607\u3057\u3066\u304a\u308a\u3001\u305d\u306e\u305f\u3081\u9577\u671f\u5074\u306e\u91d1\u5229\u306b\u3082\u78ba\u5b9f\u306b\u4e0a\u6607\u5727\u529b\u304c\u304b\u304b\u3063\u3066\u3044\u308b\u3002\u30ac\u30f3\u30c8\u30e9\u30c3\u30af\u6c0f\u306f\u3053\u306e\u72b6\u6cc1\u304c\u7d9a\u304f\u3068\u4e3b\u5f35\u3057\u3066\u3044\u308b\u3002\u7c73\u56fd\u682a\u306f\u3069\u3046\u306a\u308b\u3060\u308d\u3046\u304b\uff1f\u3000\u5168\u4f53\u306e\u4e88\u6e2c\u3082\u5927\u4e8b\u3060\u304c\u3001\u696d\u7a2e\u306b\u3088\u3063\u3066\u3082\u7570\u306a\u308b\u3060\u308d\u3046\u3002<\/p>\n<p>\u6295\u8cc7\u5bb6\u304c\u91d1\u5229\u4e0a\u6607\u76f8\u5834\u3092\u3069\u3046\u30c8\u30ec\u30fc\u30c9\u3059\u3079\u304d\u304b\u3068\u3044\u3046\u70b9\u306b\u3064\u3044\u3066\u306f\u3001\u6628\u5e74\u306e\u6642\u70b9\u3067\u4ee5\u4e0b\u306e\u8a18\u4e8b\u306b\u7e8f\u3081\u3066\u3042\u308b\u3002\u4eca\u304b\u3089\u3067\u3082\u9045\u304f\u306a\u3044\u306e\u3067\u3001\u662f\u975e\u53c2\u8003\u306b\u3057\u3066\u3082\u3089\u3044\u305f\u3044\u3002<\/p>\n<ul>\n<li><a href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/7030\">2018\u5e74\u306e\u4e16\u754c\u91d1\u878d\u5e02\u5834\u306e\u76f8\u5834\u4e88\u60f3\u3068\u884c\u3046\u3079\u304d3\u3064\u306e\u30c8\u30ec\u30fc\u30c9<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>2018\u5e74\u306b\u5165\u308a\u3001\u69d8\u3005\u306a\u6295\u8cc7\u5bb6\u304c\u4eca\u5e74\u306e\u76f8\u5834\u4e88\u60f3\u3092\u8868\u660e\u3057\u3066\u3044\u308b\u304c\u3001\u5148\u305a\u306f\u30c8\u30e9\u30f3\u30d7\u76f8\u5834\u306e\u521d\u671f\u3092\u7684\u78ba\u306b\u4e88\u60f3\u3057\u305f\u8457\u540d\u50b5\u5238\u6295\u8cc7\u5bb6\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c8\u30e9\u30c3\u30af\u6c0f\u306e\u7c73\u56fd\u682a\u4e88\u60f3\u304b\u3089\u7d39\u4ecb\u3057\u3088\u3046\u3002\u767a\u8a00\u306f\u5e74\u59cb\u306e\u3082\u306e\u3067\u3042\u308a\u3001Reuters\uff08\u539f\u6587\u82f1\u8a9e &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/7193\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">\u30ac\u30f3\u30c8\u30e9\u30c3\u30af\u6c0f: 2018\u5e74\u3001\u7c73\u56fd\u682a\u306f\u4e00\u5ea6\u4e0a\u6607\u3057\u3066\u304b\u3089\u5927\u5e45\u306b\u4e0b\u843d\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":[59,111],"tags":[131],"class_list":["post-7193","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-stock-markets","tag-jeffrey-gundlach"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/7193","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=7193"}],"version-history":[{"count":5,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/7193\/revisions"}],"predecessor-version":[{"id":7199,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/7193\/revisions\/7199"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=7193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=7193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=7193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}