{"id":73282,"date":"2026-03-01T20:34:02","date_gmt":"2026-03-01T11:34:02","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=73282"},"modified":"2026-03-01T20:34:04","modified_gmt":"2026-03-01T11:34:04","slug":"%e3%82%ac%e3%83%b3%e3%83%89%e3%83%a9%e3%83%83%e3%82%af%e6%b0%8f-%e3%82%b4%e3%83%bc%e3%83%ab%e3%83%89%e3%81%ae%e4%b8%8a%e6%98%87%e3%81%a8%e3%83%93%e3%83%83%e3%83%88%e3%82%b3%e3%82%a4%e3%83%b3%e3%81%ae","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/73282","title":{"rendered":"\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f: \u30b4\u30fc\u30eb\u30c9\u306e\u4e0a\u6607\u3068\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e\u4e0b\u843d\u306f\u65b0\u305f\u306a\u9577\u671f\u30c8\u30ec\u30f3\u30c9"},"content":{"rendered":"\n<p>DoubleLine Capital\u5275\u696d\u8005\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304cCNBC\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3001\u4e0a\u6607\u3057\u3066\u3044\u308b\u91d1\u76f8\u5834\u3068\u9577\u3089\u304f\u4e0d\u8abf\u306e\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u76f8\u5834\u306b\u30b3\u30e1\u30f3\u30c8\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p><strong>\u30c9\u30eb\u304b\u3089\u306e\u9003\u907f<\/strong><\/p>\n\n\n\n<p>2026\u5e74\u306e\u30c6\u30fc\u30de\u306f\u3001\u4e16\u754c\u7684\u306a\u30c9\u30eb\u304b\u3089\u306e\u9003\u907f\u3067\u3042\u308b\u3002\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\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>\u30c9\u30eb\u306f\u3082\u3046\u9577\u3089\u304f\u5b89\u5168\u306a\u901a\u8ca8\u3068\u3057\u3066\u306e\u632f\u308b\u821e\u3044\u3092\u3057\u3066\u3044\u306a\u3044\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>Bridgewater\u306e\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u30822026\u5e74\u306b\u3064\u3044\u3066\u540c\u3058\u3053\u3068\u3092\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\/73096\" data-type=\"post\" data-id=\"73096\">\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f: 2026\u5e74\u306e\u6700\u5927\u306e\u6295\u8cc7\u30a2\u30a4\u30c7\u30a2\u306f\u7c73\u56fd\u682a\u3084AI\u3067\u306f\u306a\u304f\u30c9\u30eb\u306e\u4fa1\u5024\u4e0b\u843d<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u5b9f\u969b\u3001\u30c9\u30eb\u306f2025\u5e74\u304b\u3089\u4e0b\u843d\u3057\u3066\u3044\u308b\u3002\u4ed6\u306e\u901a\u8ca8\u306b\u5bfe\u3059\u308b\u30c9\u30eb\u306e\u5f37\u3055\u3092\u8868\u3059\u30c9\u30eb\u6307\u6570\u306e\u30c1\u30e3\u30fc\u30c8\u306f\u6b21\u306e\u3088\u3046\u306b\u306a\u3063\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\/2026\/03\/2026-3-1-dollar-index-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"564\" height=\"527\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2026\/03\/2026-3-1-dollar-index-chart.png\" alt=\"\" class=\"wp-image-73286\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2026\/03\/2026-3-1-dollar-index-chart.png 564w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2026\/03\/2026-3-1-dollar-index-chart-300x280.png 300w\" sizes=\"auto, (max-width: 564px) 100vw, 564px\" \/><\/a><\/figure>\n\n\n\n<p>2025\u5e74\u304b\u3089\u5927\u304d\u304f\u4e0b\u304c\u3063\u3066\u3044\u308b\u3002\u65e5\u672c\u4eba\u304c\u3053\u308c\u306b\u6c17\u3065\u3044\u3066\u3044\u306a\u3044\u306e\u306f\u3001\u30c9\u30eb\u3068\u540c\u3058\u3088\u3046\u306b\u65e5\u672c\u5186\u3082\u4e0b\u304c\u3063\u3066\u3044\u308b\u304b\u3089\u3067\u3042\u308b\u3002\u30c9\u30eb\u3068\u5186\u3092\u6bd4\u3079\u308b\u30c9\u30eb\u5186\u3057\u304b\u898b\u3066\u3044\u306a\u3044\u591a\u304f\u306e\u65e5\u672c\u4eba\u306f\u3001\u30c9\u30eb\u3068\u5186\u304c\u4e21\u65b9\u4e0b\u304c\u3063\u3066\u3044\u308b\u3053\u3068\u306b\u6c17\u4ed8\u304b\u306a\u3044\u3002<\/p>\n\n\n\n<p><strong>\u3082\u306f\u3084\u5b89\u5168\u3067\u306f\u306a\u3044\u30c9\u30eb<\/strong><\/p>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u3001\u3053\u306e\u30c9\u30eb\u306e\u4e0b\u843d\u30c8\u30ec\u30f3\u30c9\u306b\u3064\u3044\u3066\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>2000\u5e74\u304b\u3089\u3053\u308c\u307e\u3067\u3001S&amp;P 500\u306b\u306f13\u56de\u304b\u305d\u308c\u4ee5\u4e0a\u306e\u5927\u304d\u306a\u8abf\u6574\u304c\u3042\u3063\u305f\u3002\u6700\u521d\u306e12\u56de\u306b\u304a\u3044\u3066\u306f\u3001\u30c9\u30eb\u306f\u5e73\u5747\u3057\u30668%\u304b\u308910%\u4e0a\u6607\u3057\u305f\u300212\u56de\u3059\u3079\u3066\u3060\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30c9\u30eb\u306f\u3001\u682a\u5f0f\u5e02\u5834\u304c\u4e0b\u843d\u3057\u305f\u6642\u306b\u8cb7\u308f\u308c\u308b\u901a\u8ca8\u3060\u3063\u305f\u3002\u682a\u5f0f\u304c\u4e0b\u843d\u3059\u308c\u3070\u3001\u305d\u306e\u8cc7\u91d1\u306f\u9810\u91d1\u53e3\u5ea7\u306b\u9003\u3052\u308b\u3002\u3064\u307e\u308a\u30c9\u30eb\u306e\u9700\u8981\u304c\u9ad8\u307e\u308a\u3001\u3088\u308a\u30ea\u30b9\u30af\u306e\u9ad8\u3044\u4ed6\u306e\u901a\u8ca8\u306b\u5bfe\u3057\u3066\u4e0a\u6607\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u304c\u682a\u4fa1\u4e0b\u843d\u6642\u306e\u5f53\u305f\u308a\u524d\u306e\u30b7\u30ca\u30ea\u30aa\u3060\u3063\u305f\u3002\u3060\u304c\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\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>\u3060\u304c\u53bb\u5e74\u306e3\u6708\u304b\u30894\u6708\u306b\u304b\u3051\u3066\u306e\u6700\u5f8c\u306e1\u56de\u3001S&amp;P 500\u304c\u5927\u304d\u304f\u8abf\u6574\u3057\u305f\u6642\u306b\u306f\u3001\u30c9\u30eb\u306f\u4e0a\u6607\u3057\u306a\u304b\u3063\u305f\u3002\u30c9\u30eb\u306f8%\u304b\u308910%\u307b\u3069\u4e0b\u843d\u3057\u305f\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u4e0a\u306e\u30c9\u30eb\u6307\u6570\u306e\u30c1\u30e3\u30fc\u30c8\u3092\u898b\u308c\u3070\u5206\u304b\u308b\u304c\u3001\u3080\u3057\u308d\u305d\u306e\u671f\u9593\u304b\u3089\u30c9\u30eb\u306e\u4e0b\u843d\u306f\u672c\u683c\u5316\u3057\u305f\u3068\u8a00\u3048\u308b\u3002<\/p>\n\n\n\n<p><strong>\u65b0\u305f\u306a\u5b89\u5168\u8cc7\u7523<\/strong><\/p>\n\n\n\n<p>2025\u5e74\u4ee5\u964d\u3001\u30c9\u30eb\u306f\u5b89\u5168\u8cc7\u7523\u3068\u3057\u3066\u6a5f\u80fd\u3057\u306a\u304f\u306a\u3063\u3066\u3044\u308b\u3002\u305d\u3057\u3066\u305d\u306e\u4ee3\u308f\u308a\u306b\u305d\u306e\u5f79\u5272\u3092\u679c\u305f\u3057\u3066\u3044\u308b\u3082\u306e\u306f\u4f55\u304b\uff1f\u3000\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u6b21\u306e\u3088\u3046\u306b\u8aac\u660e\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>\u305d\u3057\u3066\u4ee3\u308f\u308a\u306b\u5b89\u5168\u8cc7\u7523\u3068\u306a\u3063\u3066\u3044\u308b\u306e\u306f\u3001\u73fe\u7269\u8cc7\u7523\u306e\u3088\u3046\u3060\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u306f\u660e\u3089\u304b\u306b\u30b4\u30fc\u30eb\u30c9\u3068\u30b7\u30eb\u30d0\u30fc\u3060\u3002\u305d\u3057\u3066\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3067\u306f\u306a\u3044\u3002\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306f\u4e0b\u304c\u3063\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30b4\u30fc\u30eb\u30c9\u3068\u30b7\u30eb\u30d0\u30fc\u306b\u3064\u3044\u3066\u306f\u3001\u3053\u3053\u306e\u8aad\u8005\u306b\u306f\u8a00\u3046\u307e\u3067\u3082\u306a\u3044\u3060\u308d\u3046\u3002\u91d1\u4fa1\u683c\u306f\u7269\u51c4\u3044\u4e0a\u6607\u3076\u308a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2026\/03\/2026-3-1-gold-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"564\" height=\"527\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2026\/03\/2026-3-1-gold-chart.png\" alt=\"\" class=\"wp-image-73297\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2026\/03\/2026-3-1-gold-chart.png 564w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2026\/03\/2026-3-1-gold-chart-300x280.png 300w\" sizes=\"auto, (max-width: 564px) 100vw, 564px\" \/><\/a><\/figure>\n\n\n\n<p>\u305d\u3057\u3066\u9280\u4fa1\u683c\u3082\u53bb\u5e74\u304b\u3089\u305d\u308c\u306b\u7d9a\u304d\u59cb\u3081\u305f\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2026\/03\/2026-3-1-silver-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"564\" height=\"527\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2026\/03\/2026-3-1-silver-chart.png\" alt=\"\" class=\"wp-image-73299\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2026\/03\/2026-3-1-silver-chart.png 564w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2026\/03\/2026-3-1-silver-chart-300x280.png 300w\" sizes=\"auto, (max-width: 564px) 100vw, 564px\" \/><\/a><\/figure>\n\n\n\n<p>\u3053\u3053\u3067\u306f\u3082\u30462\u5e74\u3082\u524d\u304b\u3089\u8cb4\u91d1\u5c5e\u3092\u63a8\u3057\u3066\u304d\u305f\u306e\u3067\u3042\u308b\u30022024\u5e74\u306e\u8a18\u4e8b\u306b\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u66f8\u3044\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\/50009\" data-type=\"post\" data-id=\"50009\">\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u3001\u30b4\u30fc\u30eb\u30c9\u306e\u7a4d\u7acb\u6295\u8cc7\u3092\u63a8\u5968 (2024\/6\/16)<\/a><\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u305d\u308c\u304c\u53b3\u5bc6\u306b\u3044\u3064\u304b\u306f\u5206\u304b\u3089\u306a\u3044\u3002\u3060\u304c\u30b7\u30eb\u30d0\u30fc\u306e\u7a4d\u307f\u7acb\u3066\u3092\u6570\u5341\u5e74\u7d9a\u3051\u308b\u306e\u3067\u3042\u308c\u3070\u3001\u3044\u3064\u304b\u306e\u30bf\u30a4\u30df\u30f3\u30b0\u3067\u8cb4\u91d1\u5c5e\u76f8\u5834\u304c1970\u5e74\u4ee3\u306e\u518d\u73fe\u306b\u306a\u308b\u3053\u3068\u306f\u307b\u307c\u9593\u9055\u3044\u306a\u3044\u3088\u3046\u306b\u601d\u3048\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e\u4e0b\u843d<\/strong><\/p>\n\n\n\n<p>\u3055\u3066\u3001\u3057\u304b\u3057\u3088\u308a\u91cd\u8981\u306a\u306e\u306f\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306e\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3078\u306e\u30b3\u30e1\u30f3\u30c8\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u3001\u30b4\u30fc\u30eb\u30c9\u3084\u30b7\u30eb\u30d0\u30fc\u3068\u306f\u9055\u3063\u3066\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306f\u30c9\u30eb\u306e\u4ee3\u308f\u308a\u306b\u306a\u3063\u3066\u3044\u306a\u3044\u3068\u8a00\u3063\u3066\u3044\u308b\u3002\u5b9f\u969b\u3001\u5024\u52d5\u304d\u306f\u305d\u3046\u306a\u3063\u3066\u3044\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u4fa1\u683c\u306e\u30c1\u30e3\u30fc\u30c8\u306f\u6b21\u306e\u3088\u3046\u306b\u306a\u3063\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\/2026\/03\/2026-3-1-btcusd-chart.png\"><img loading=\"lazy\" decoding=\"async\" width=\"564\" height=\"527\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2026\/03\/2026-3-1-btcusd-chart.png\" alt=\"\" class=\"wp-image-73304\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2026\/03\/2026-3-1-btcusd-chart.png 564w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2026\/03\/2026-3-1-btcusd-chart-300x280.png 300w\" sizes=\"auto, (max-width: 564px) 100vw, 564px\" \/><\/a><\/figure>\n\n\n\n<p>\u30b4\u30fc\u30eb\u30c9\u3084\u30b7\u30eb\u30d0\u30fc\u3068\u6bd4\u3079\u308b\u3068\u305d\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u306e\u9055\u3044\u306f\u660e\u3089\u304b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\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>\u9a5a\u304f\u3079\u304d\u3053\u3068\u3060\u3002\u3053\u308c\u307e\u3067\u306e\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3078\u306e\u71b1\u72c2\u306f\u4f55\u51e6\u3078\u884c\u3063\u305f\u306e\u304b\u3001\u91d1\u4fa1\u683c\u304c\u904e\u53bb12\u30f6\u6708\u306790%\u4e0a\u304c\u3063\u3066\u3044\u308b\u6642\u306b\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306f\u4e0b\u843d\u3057\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p>\u30c9\u30eb\u304b\u3089\u8cc7\u91d1\u304c\u5f90\u3005\u306b\u6d41\u51fa\u3057\u3066\u3086\u304f\u4e2d\u3001\u7d19\u5e63\u306e\u4ee3\u308f\u308a\u306b\u306a\u308b\u305f\u3081\u306b\u4f5c\u3089\u308c\u305f\u306f\u305a\u306e\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306f\u30c9\u30eb\u306e\u4ee3\u308f\u308a\u306b\u306a\u3063\u3066\u3044\u306a\u3044\u3002<\/p>\n\n\n\n<p>\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u3001\u3053\u306e\u72b6\u6cc1\u306b\u3064\u3044\u3066\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>\u3053\u308c\u306f\u4f55\u304b\u306e\u5146\u5019\u3060\u3002\u4e0d\u900f\u660e\u306a\u672a\u516c\u958b\u682a\u5e02\u5834\u304c\u5927\u304d\u304f\u4e0b\u843d\u3057\u3066\u3044\u308b\u3053\u3068\u3068\u3082\u95a2\u4fc2\u304c\u3042\u308b\u3060\u308d\u3046\u3002\u6295\u8cc7\u5bb6\u306f\u300c\u5f62\u3042\u308b\u3082\u306e\u300d\u3092\u6c42\u3081\u3066\u3044\u308b\u3002\u305d\u3057\u3066\u6d6e\u3064\u3044\u305f\u3082\u306e\u304b\u3089\u624b\u3092\u5f15\u3053\u3046\u3068\u3057\u3066\u3044\u308b\u3002<\/p>\n<\/blockquote>\n\n\n\n<p>\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u306e\u9593\u3067\u9577\u3089\u304f\u3082\u3066\u306f\u3084\u3055\u308c\u3066\u3044\u305f\u672a\u516c\u958b\u682a\u304c\u66b4\u843d\u3057\u3066\u3044\u308b\u304c\u3001\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u306f\u305d\u3046\u3044\u3046\u6d6e\u3064\u3044\u305f\u8cc7\u7523\u304b\u3089\u30b4\u30fc\u30eb\u30c9\u306a\u3069\u306e\u78ba\u304b\u306a\u8cc7\u7523\u3078\u3068\u6295\u8cc7\u5bb6\u306e\u8208\u5473\u304c\u79fb\u3063\u3066\u3044\u308b\u3068\u8a00\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u305d\u308c\u304c\u4e8b\u5b9f\u306a\u3089\u3070\u3001\u300c\u7d19\u5e63\u306e\u4ee3\u308f\u308a\u300d\u3068\u3057\u3066\u306e\u6697\u53f7\u901a\u8ca8\u3068\u3044\u3046\u7acb\u3061\u4f4d\u7f6e\u306f\u8003\u3048\u76f4\u3055\u3056\u308b\u3092\u5f97\u306a\u304f\u306a\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p>\u307e\u305f\u3001\u305d\u3082\u305d\u3082\u4f55\u6545\u30c9\u30eb\u304b\u3089\u8cc7\u91d1\u304c\u6d41\u51fa\u3057\u3066\u3044\u308b\u306e\u304b\uff1f\u3000\u30a4\u30e9\u30f3\u306e\u30cf\u30e1\u30cd\u30a4\u6c0f\u304c\u6697\u6bba\u3055\u308c\u305f\u3088\u3046\u3060\u304c\u3001\u305d\u3046\u3044\u3046\u72b6\u6cc1\u3082\u542b\u3081\u3001\u30a2\u30e1\u30ea\u30ab\u304b\u3089\u8ddd\u96e2\u3092\u8d77\u304d\u305f\u304c\u3063\u3066\u3044\u308b\u56fd\u304c\u5897\u3048\u3066\u304a\u308a\u3001\u305d\u3046\u3044\u3046\u56fd\u306e\u4e2d\u592e\u9280\u884c\u304c\u5916\u8ca8\u6e96\u5099\u306e\u30c9\u30eb\u3092\u58f2\u3063\u3066\u30b4\u30fc\u30eb\u30c9\u306b\u6301\u3061\u66ff\u3048\u3066\u3044\u308b\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\/72183\" data-type=\"post\" data-id=\"72183\">\u30ed\u30fc\u30bc\u30f3\u30d0\u30fc\u30b0\u6c0f: \u91d1\u4fa1\u683c\u306e\u9577\u671f\u7684\u4e0a\u6607\u3092\u652f\u3048\u308b\u4e2d\u592e\u9280\u884c\u3001\u307e\u3060\u30b4\u30fc\u30eb\u30c9\u3092\u8cb7\u3063\u3066\u3044\u306a\u3044\u4e00\u822c\u4eba<\/a><\/li>\n<\/ul>\n\n\n\n<p>Bridgewater\u306e\u30ec\u30a4\u30fb\u30c0\u30ea\u30aa\u6c0f\u304c\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\u89e3\u8aac\u3057\u3066\u3044\u308b\u3068\u3053\u308d\u306b\u3088\u308c\u3070\u3001\u3053\u308c\u306f\u57fa\u8ef8\u901a\u8ca8\u30c9\u30eb\u306e\u8870\u9000\u306e\u59cb\u307e\u308a\u3067\u3042\u308a\u3001\u305d\u308c\u306f\u307e\u3060\u59cb\u307e\u3063\u305f\u3070\u304b\u308a\u3060\u3068\u3044\u3046\u3002<\/p>\n\n\n\n<p>\u30c0\u30ea\u30aa\u6c0f\u306f\u3053\u306e\u672c\u3067\u3001\u5927\u82f1\u5e1d\u56fd\u306e\u30dd\u30f3\u30c9\u3084\u30aa\u30e9\u30f3\u30c0\u6d77\u4e0a\u5e1d\u56fd\u306e\u30ae\u30eb\u30c0\u30fc\u304c\u3069\u306e\u3088\u3046\u306b\u57fa\u8ef8\u901a\u8ca8\u306e\u5ea7\u304b\u3089\u7de9\u3084\u304b\u306b\u843d\u3061\u3066\u3044\u3063\u305f\u306e\u304b\u3082\u89e3\u8aac\u3057\u3066\u304f\u308c\u3066\u3044\u308b\u306e\u3067\u3001\u672a\u8aad\u306e\u4eba\u306f\u8aad\u3093\u3067\u304a\u304f\u3053\u3068\u3092\u304a\u85a6\u3081\u3057\u305f\u3044\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","protected":false},"excerpt":{"rendered":"<p>DoubleLine Capital\u5275\u696d\u8005\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30ac\u30f3\u30c9\u30e9\u30c3\u30af\u6c0f\u304cCNBC\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3001\u4e0a\u6607\u3057\u3066\u3044\u308b\u91d1\u76f8\u5834\u3068\u9577\u3089\u304f\u4e0d\u8abf\u306e\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u76f8\u5834\u306b\u30b3\u30e1\u30f3\u30c8\u3057\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":[164,57,110],"tags":[131],"class_list":["post-73282","post","type-post","status-publish","format-standard","hentry","category-cryptocurrencies","category-commodity-markets","category-gold","tag-jeffrey-gundlach"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/73282","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=73282"}],"version-history":[{"count":28,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/73282\/revisions"}],"predecessor-version":[{"id":73314,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/73282\/revisions\/73314"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=73282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=73282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=73282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}