{"id":8779,"date":"2020-02-19T08:15:01","date_gmt":"2020-02-18T23:15:01","guid":{"rendered":"https:\/\/www.globalmacroresearch.org\/jp\/?p=8779"},"modified":"2020-02-21T02:02:13","modified_gmt":"2020-02-20T17:02:13","slug":"%e3%83%89%e3%83%a9%e3%83%83%e3%82%b1%e3%83%b3%e3%83%9f%e3%83%a9%e3%83%bc%e6%b0%8f%e3%81%ae%e8%b2%b7%e3%81%a3%e3%81%a6%e3%81%84%e3%82%8b%e7%b1%b3%e5%9b%bd%e6%a0%aa%e5%80%8b%e5%88%a5%e9%8a%98%e6%9f%84","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/8779","title":{"rendered":"\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u8cb7\u3063\u3066\u3044\u308b\u7c73\u56fd\u682a\u500b\u5225\u9298\u67c4\uff08Form 13F\uff09"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">\u6bce\u56db\u534a\u671f\u6052\u4f8b\u3001\u6a5f\u95a2\u6295\u8cc7\u5bb6\u304c\u7c73\u56fd\u682a\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u516c\u958b\u3059\u308bForm 13F\u306e\u6642\u671f\u3067\u3042\u308b\u3002\u307e\u305a\u306f\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u306e\u30af\u30a9\u30f3\u30bf\u30e0\u30fb\u30d5\u30a1\u30f3\u30c9\u3092\u7387\u3044\u305f\u3053\u3068\u3067\u6709\u540d\u306a\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u898b\u3066\u307f\u305f\u3044\u3002<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u7c73\u56fd\u682a\u8cb7\u3044\u306f\u3044\u3064\u307e\u3067\u7d9a\u304f\u304b<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u30bf\u30a4\u30df\u30f3\u30b0\u306b\u95a2\u3057\u3066\u5929\u624d\u7684\u306a\u52d8\u3092\u6301\u3063\u305f\u6295\u8cc7\u5bb6\u3067\u3042\u308b\u30022016\u5e7411\u6708\u306e\u5927\u7d71\u9818\u9078\u6319\u306e\u76f4\u5f8c\u3001\u591a\u304f\u306e\u4eba\u304c\u300c\u30c8\u30e9\u30f3\u30d7\u6c0f\u304c\u5927\u7d71\u9818\u306a\u3089\u682a\u4fa1\u66b4\u843d\u300d\u3068\u8a00\u3063\u3066\u3044\u305f\u6642\u671f\u306b\u771f\u3063\u5148\u306b\u5f37\u6c17\u8ee2\u63db\u3057\u305f\u306e\u304c\u5f7c\u3060\u3063\u305f\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/4679\">\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u91d1\u58f2\u5374\u3001\u4e16\u754c\u7d4c\u6e08\u306b\u300c\u975e\u5e38\u306b\u3001\u975e\u5e38\u306b\u5f37\u6c17\u300d (2016\/11\/12)<\/a><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u305d\u3057\u30662018\u5e74\u306e\u4e16\u754c\u540c\u6642\u682a\u5b89\u306e\u5f8c\u30012019\u5e74\u306e\u4e0a\u3052\u76f8\u5834\u306b\u771f\u3063\u5148\u306b\u4e57\u3063\u305f\u306e\u3082\u5f7c\u3060\u3063\u305f\u30022018\u5e74\u304b\u3089\u306e\u7c73\u56fd\u682a\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u306e\u7dcf\u984d\u306e\u63a8\u79fb\u306f\u4ee5\u4e0b\u306e\u901a\u308a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>2019\u5e749\u6708\u672b:<\/strong> 26\u5104\u30c9\u30eb<\/li><li><strong>2019\u5e746\u6708\u672b:<\/strong> 34\u5104\u30c9\u30eb<\/li><li><strong>2019\u5e743\u6708\u672b:<\/strong> 34\u5104\u30c9\u30eb<\/li><li><strong>2018\u5e7412\u6708\u672b:<\/strong> 17\u5104\u30c9\u30eb\uff08\u4e16\u754c\u540c\u6642\u682a\u5b89\u5e95\u5024\uff09<\/li><li><strong>2018\u5e749\u6708\u672b:<\/strong> 21\u5104\u30c9\u30eb<\/li><li><strong>2018\u5e746\u6708\u672b:<\/strong> 21\u5104\u30c9\u30eb<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e95\u5024\u3067\u306f\u8cb7\u3048\u306a\u304b\u3063\u305f\u3088\u3046\u3060\u304c\u3001\u305d\u308c\u3067\u30823\u6708\u306b\u306f\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u500d\u5897\u3055\u305b\u305d\u306e\u5f8c\u306e\u4e0a\u3052\u76f8\u5834\u306b\u306f\u304d\u3063\u3061\u308a\u4e57\u3063\u3066\u3044\u308b\u3002\u305d\u3057\u3066\u4eca\u56de\u958b\u793a\u3055\u308c\u305f2019\u5e7412\u6708\u672b\u306e\u30c7\u30fc\u30bf\u3067\u306f\u30019\u6708\u672b\u306b\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u6e1b\u3089\u3057\u305f\u306e\u3092\u5f8c\u6094\u3057\u305f\u306e\u304b26\u5104\u30c9\u30eb\u304b\u308934\u5104\u30c9\u30eb\u306b\u3082\u3046\u4e00\u5ea6\u5897\u984d\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u7c73\u56fd\u682a\u500b\u5225\u9298\u67c4<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3053\u308c\u306f12\u6708\u672b\u306e\u30c7\u30fc\u30bf\u3067\u3042\u308b\u305f\u3081\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u65b0\u578b\u30b3\u30ed\u30ca\u30a6\u30a3\u30eb\u30b9\u80ba\u708e\u3092\u53d7\u3051\u3066\u8003\u3048\u3092\u5909\u3048\u305f\u306e\u304b\u3069\u3046\u304b\u306f\u5206\u304b\u3089\u306a\u3044\u3002\u3057\u304b\u3057\u7c73\u56fd\u682a\u306f\u4eca\u3067\u3082\u4e0a\u6607\u3057\u3066\u304a\u308a\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u9298\u67c4\u9078\u629e\u306f\u53c2\u8003\u306b\u306a\u308b\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u500b\u5225\u9298\u67c4\u3092\u30dd\u30b8\u30b7\u30e7\u30f3\u306e\u5927\u304d\u3044\u3082\u306e\u304b\u3089\u898b\u3066\u3044\u3053\u3046\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>iShares Russell 2000 ETF &#8211; 2\u51045681\u4e07\u30c9\u30eb<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"612\" height=\"379\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-ishares-trust-russell-2000-etf-nysearca-iwm-chart.png\" alt=\"\" class=\"wp-image-8782\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-ishares-trust-russell-2000-etf-nysearca-iwm-chart.png 612w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-ishares-trust-russell-2000-etf-nysearca-iwm-chart-300x186.png 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u307e\u305a\u306f\u7c73\u56fd\u306e\u5c0f\u578b\u682a\u6307\u6570Russell 2000\u306eETF\u3067\u3042\u308b\u3002\u4e3b\u8981\u9298\u67c4\u3092\u96c6\u3081\u305fS&amp;P 500\u3068\u306e\u9055\u3044\u306f\u3001S&amp;P 500\u3060\u3051\u304c\u4e0a\u304c\u3063\u3066\u3044\u308b\u6642\u306f\u6307\u6570\u304c\u7121\u7406\u77e2\u7406\u62bc\u3057\u4e0a\u3052\u3089\u308c\u3066\u3044\u308b\u3053\u3068\u3001S&amp;P 500\u3068Russell 2000\u304c\u4e21\u65b9\u4e0a\u304c\u3063\u3066\u3044\u308b\u6642\u306f\u5e02\u5834\u5168\u4f53\u306b\u8cc7\u91d1\u304c\u884c\u304d\u6e21\u3063\u3066\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002\u30d0\u30d6\u30eb\u5d29\u58ca\u6642\u306b\u306fS&amp;P 500\u3088\u308a\u3082\u5148\u306bRussell 2000\u304b\u3089\u4e0b\u843d\u3059\u308b\u3053\u3068\u304c\u591a\u3044\u305f\u3081\u3001\u30bd\u30ed\u30b9\u6c0f\u306a\u3069\u306f\u305d\u3046\u3044\u3046\u72b6\u6cc1\u306b\u3053\u306eETF\u3092\u3088\u304f\u7a7a\u58f2\u308a\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u9006\u306b\u3053\u308c\u3092\u8cb7\u3063\u3066\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u73fe\u5728\u5b9f\u8cea\u7684\u306b\u884c\u308f\u308c\u3066\u3044\u308b\u30a2\u30e1\u30ea\u30ab\u306e\u91cf\u7684\u7de9\u548c\u306b\u3088\u3063\u3066\u5e02\u5834\u5168\u4f53\u306b\u8cc7\u91d1\u304c\u6ea2\u308c\u308b\u3068\u8aad\u3093\u3067\u3044\u308b\u306e\u3060\u308d\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/8440\">\u7c73\u56fd\u3001\u5b9f\u8cea\u7684\u306b\u91cf\u7684\u7de9\u548c\u306e\u518d\u958b\u3092\u5ba3\u8a00<\/a><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Microsoft &#8211; 2\u51045554\u4e07\u30c9\u30eb<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"612\" height=\"379\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-microsoft-nasdaq-msft-chart.png\" alt=\"\" class=\"wp-image-8783\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-microsoft-nasdaq-msft-chart.png 612w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-microsoft-nasdaq-msft-chart-300x186.png 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">ETF\u3092\u9664\u304f\u500b\u5225\u9298\u67c4\u3067\u306fMicrosoft\u304c\u30c8\u30c3\u30d7\u3068\u306a\u3063\u305f\u3002\u3053\u308c\u3067\u30829\u6708\u672b\u306e5\u51045538\u4e07\u30c9\u30eb\u304b\u3089\u304b\u306a\u308a\u6e1b\u984d\u3055\u308c\u3066\u3053\u306e\u6570\u5b57\u3067\u3042\u308b\u30022020\u5e74\u306b\u5165\u3063\u3066\u304b\u3089\u306e\u4e0a\u3052\u5e45\u304c\u3059\u3055\u307e\u3058\u3044\u3002\u500b\u5225\u9298\u67c4\u30c8\u30c3\u30d7\u304c\u3053\u306e\u4e0a\u6607\u3067\u559c\u3076\u3079\u304d\u304b\u3001\u534a\u5206\u3082\u5229\u76ca\u78ba\u5b9a\u3057\u305f\u3053\u3068\u3092\u60b2\u3057\u3080\u3079\u304d\u304b\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u672c\u4eba\u306f\u304a\u305d\u3089\u304f\u843d\u3061\u8fbc\u3093\u3067\u3044\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Workday &#8211; 2\u51044923\u4e07\u30c9\u30eb<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"612\" height=\"379\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-workday-nasdaq-wday-chart.png\" alt=\"\" class=\"wp-image-8784\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-workday-nasdaq-wday-chart.png 612w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-workday-nasdaq-wday-chart-300x186.png 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f01\u696d\u306b\u5bfe\u3057\u3066\u30af\u30e9\u30a6\u30c9\u30d9\u30fc\u30b9\u306e\u4eba\u4e8b\u30fb\u8ca1\u52d9\u60c5\u5831\u7ba1\u7406\u30bd\u30d5\u30c8\u3092\u63d0\u4f9b\u3059\u308b\u4f1a\u793e\u3067\u3001SAP\u306a\u3069\u306e\u7af6\u5408\u3067\u3042\u308b\u3002\u58f2\u4e0a\u9ad8\u6210\u9577\u7387\u304c30%\u8fd1\u3044\u304c\u8d64\u5b57\u304c\u7d9a\u3044\u3066\u3044\u308b\u5178\u578b\u7684\u306a\u30b0\u30ed\u30fc\u30b9\u682a\u3067\u3042\u308b\u3002\u3053\u3046\u3044\u3046\u9298\u67c4\u304c\u4e0a\u6607\u3059\u308b\u6642\u306f\u57fa\u672c\u7684\u306b\u5e02\u5834\u306b\u8cc7\u91d1\u304c\u4f59\u3063\u3066\u3044\u308b\u6642\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Netflix &#8211; 1\u51048860\u4e07\u30c9\u30eb<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"612\" height=\"379\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-netflix-nasdaq-nflx-chart.png\" alt=\"\" class=\"wp-image-8785\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-netflix-nasdaq-nflx-chart.png 612w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-netflix-nasdaq-nflx-chart-300x186.png 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u30aa\u30f3\u30e9\u30a4\u30f3\u52d5\u753b\u8996\u8074\u30b5\u30a4\u30c8\u3067\u3001\u3053\u308c\u3082\u30b0\u30ed\u30fc\u30b9\u682a\u3067\u3042\u308b\u3002Workday\u3068\u4f3c\u305f\u5024\u52d5\u304d\u306b\u306a\u3063\u3066\u3044\u308b\u304c\u3001Workday\u3082Netfilx\u3082\u5e74\u672b\u307e\u3067\u306e3\u30f6\u6708\u3067\u30dd\u30b8\u30b7\u30e7\u30f3\u304c\u500d\u5897\u3057\u3066\u304a\u308a\u3001\u30bf\u30a4\u30df\u30f3\u30b0\u306e\u540d\u624b\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u9762\u76ee\u8e8d\u5982\u3068\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>iShares MSCI Emerging Markets ETF &#8211; 1\u51048240\u30c9\u30eb<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"612\" height=\"379\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-ishares-msci-emerging-markets-etf-nysearca-eem-chart.png\" alt=\"\" class=\"wp-image-8786\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-ishares-msci-emerging-markets-etf-nysearca-eem-chart.png 612w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-ishares-msci-emerging-markets-etf-nysearca-eem-chart-300x186.png 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u65b0\u8208\u56fd\u682aETF\u3067\u3042\u308b\u3002\u5e02\u5834\u306b\u8cc7\u91d1\u304c\u4f59\u3063\u3066\u3044\u306a\u3044\u6642\u306f\u5e02\u5834\u3067\u306f\u5148\u9032\u56fd\u304c\u512a\u5148\u3055\u308c\u308b\u304c\u3001\u8cc7\u91d1\u304c\u4f59\u308a\u59cb\u3081\u308b\u3068\u65b0\u8208\u56fd\u306b\u3082\u8cc7\u91d1\u304c\u56de\u308a\u59cb\u3081\u308b\u3002\u7e70\u308a\u8fd4\u3057\u306b\u306a\u308b\u304c\u65b0\u578b\u30a6\u30a3\u30eb\u30b9\u4ee5\u524d\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u3067\u3042\u308a\u3001\u4eca\u5f8c\u3053\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u304c\u3069\u3046\u306a\u3063\u3066\u3044\u308b\u304b\u306b\u6ce8\u76ee\u3057\u305f\u3044\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>JP Morgan Chase &#8211; 1\u51047929\u4e07\u30c9\u30eb<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"612\" height=\"379\" src=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-jp-morgan-chase-nyse-jpm-chart.png\" alt=\"\" class=\"wp-image-8787\" srcset=\"https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-jp-morgan-chase-nyse-jpm-chart.png 612w, https:\/\/www.globalmacroresearch.org\/jp\/wp-content\/uploads\/2020\/02\/2020-2-18-jp-morgan-chase-nyse-jpm-chart-300x186.png 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u6700\u5f8c\u306f\u306a\u304b\u306a\u304b\u9762\u767d\u3044\u3002\u5927\u624b\u9280\u884c\u306eJP\u30e2\u30eb\u30ac\u30f3\u3067\u3042\u308b\u3002\u306a\u305c\u9762\u767d\u3044\u304b\u3068\u8a00\u3048\u3070\u3001\u9280\u884c\u682a\u304c\u4e0a\u6607\u3059\u308b\u306e\u306f\u91d1\u5229\u4e0a\u6607\u6642\u3067\u3042\u308a\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u304c\u5e02\u5834\u306e\u91d1\u4f59\u308a\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u4f4e\u91d1\u5229\u3088\u308a\u306f\u91d1\u5229\u4e0a\u6607\u306b\u639b\u3051\u3066\u3044\u308b\u3053\u3068\u3092\u610f\u5473\u3059\u308b\u3002\u305d\u308c\u306f\u30c9\u30eb\u9ad8\u3092\u610f\u5473\u3059\u308b\u3053\u3068\u306b\u3082\u306a\u308b\u3002\u3057\u304b\u3082\u524d\u56de\u7121\u304b\u3063\u305f\u65b0\u898f\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u3067\u3042\u308b\u305f\u3081\u3001\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u3053\u3053\u304b\u3089\u91d1\u5229\u9ad8\u3001\u30c9\u30eb\u9ad8\u306b\u306a\u308b\u3068\u8aad\u3093\u3067\u3044\u308b\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u7d50\u8ad6<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5c0f\u578b\u682a\u3001\u30cf\u30a4\u30c6\u30af\u682a\u3001\u30b0\u30ed\u30fc\u30b9\u682a\u3001\u65b0\u8208\u56fd\u682a\u3068\u3044\u3046\u5178\u578b\u7684\u306a\u6d41\u52d5\u6027\u76f8\u5834\u306e\u9298\u67c4\u306b\u91d1\u5229\u4e0a\u6607\u306e\u9280\u884c\u682a\u3092\u52a0\u3048\u305f\u5178\u578b\u7684\u306a\u30ea\u30b9\u30af\u30aa\u30f3\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3067\u3042\u308b\u3002\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u7d44\u307f\u65b9\u306f\u975e\u5e38\u306b\u5206\u304b\u308a\u3084\u3059\u3044\u3002\u500b\u4eba\u6295\u8cc7\u5bb6\u3067\u3082\u771f\u4f3c\u3057\u3084\u3059\u3044\u7d44\u307f\u65b9\u306a\u306e\u3067\u306f\u306a\u3044\u304b\u3002\u30b0\u30ed\u30fc\u30d0\u30eb\u30de\u30af\u30ed\u306e\u6559\u79d1\u66f8\u306e\u3088\u3046\u306a\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e00\u65b9\u3067\u30bd\u30ed\u30b9\u6c0f\u306e\u30a2\u30e1\u30fc\u30d0\u306e\u3088\u3046\u306a\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u51c4\u307f\u306f\u306a\u3044\u3068\u8a00\u3048\u308b\u3002\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306f\u3088\u304f\u3082\u60aa\u304f\u3082\u5358\u7d14\u660e\u5feb\u306a\u306e\u3067\u3042\u308b\u3002\u5f53\u305f\u308c\u3070\u5927\u5132\u3051\u3001\u306f\u305a\u308c\u308c\u3070\u5927\u640d\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e00\u65b9\u3067\u30bd\u30ed\u30b9\u6c0f\u3084\u30c0\u30ea\u30aa\u6c0f\u306a\u3069\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306f1\u3064\u306e\u30b7\u30ca\u30ea\u30aa\u306b\u8ced\u3051\u308b\u3060\u3051\u3067\u306f\u306a\u304f\u3001\u60f3\u5b9a\u3055\u308c\u308b\u3069\u306e\u30b7\u30ca\u30ea\u30aa\u306b\u306a\u3063\u3066\u3082\u3042\u308b\u7a0b\u5ea6\u3084\u3063\u3066\u3086\u3051\u308b\u3088\u3046\u306b\u4e8c\u91cd\u306b\u3082\u4e09\u91cd\u306b\u3082\u4fdd\u967a\u304c\u639b\u304b\u3063\u3066\u3044\u308b\u3002\u6df1\u307f\u306e\u3042\u308b\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306a\u306e\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/6093\">\u4e16\u754c\u6700\u5927\u306e\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u304c\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u52a9\u8a00\u3059\u308b<\/a><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u305d\u306e\u30bd\u30ed\u30b9\u6c0f\u3060\u304c\u3001\u4eca\u56de\u306eForm 13F\u3067\u306f\u6e1b\u984d\u7d9a\u304d\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u7dcf\u984d\u3092\u66f4\u306b\u6e1b\u984d\u3057\u305f\u3060\u3051\u3067\u3001\u4e2d\u8eab\u306b\u52d5\u304d\u304c\u307e\u3063\u305f\u304f\u306a\u3044\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u304c\u3082\u3046\u4f55\u56de\u3082\u7d9a\u3044\u3066\u3044\u308b\u3002\u6d41\u77f3\u306b\u5e74\u3060\u3068\u3044\u3046\u3053\u3068\u3082\u3042\u308b\u306e\u3060\u308d\u3046\u304c\u3001\u4eca\u5e74\u306e\u30c0\u30dc\u30b9\u4f1a\u8b70\u3067\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3082\u304b\u308d\u3046\u3058\u3066\u558b\u3063\u3066\u3044\u308b\u3088\u3046\u306a\u5370\u8c61\u3060\u3063\u305f\u306e\u3067\u5c11\u3057\u5fc3\u914d\u3057\u3066\u3044\u308b\u3002\u5fa1\u5e7489\u6b73\u3067\u3042\u308b\u3002\u305f\u3060\u3001\u305d\u308c\u3067\u3082\u4eca\u5e74\u306e\u76f8\u5834\u306b\u3064\u3044\u3066\u5c11\u3057\u558b\u3063\u3066\u3044\u305f\u306e\u3067\u3001\u305d\u308c\u3082\u53d6\u308a\u4e0a\u3052\u3066\u304a\u304d\u305f\u3044\u3068\u601d\u3063\u3066\u3044\u308b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u6bce\u56db\u534a\u671f\u6052\u4f8b\u3001\u6a5f\u95a2\u6295\u8cc7\u5bb6\u304c\u7c73\u56fd\u682a\u8cb7\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u516c\u958b\u3059\u308bForm 13F\u306e\u6642\u671f\u3067\u3042\u308b\u3002\u307e\u305a\u306f\u30b8\u30e7\u30fc\u30b8\u30fb\u30bd\u30ed\u30b9\u6c0f\u306e\u30af\u30a9\u30f3\u30bf\u30e0\u30fb\u30d5\u30a1\u30f3\u30c9\u3092\u7387\u3044\u305f\u3053\u3068\u3067\u6709\u540d\u306a\u30b9\u30bf\u30f3\u30ec\u30fc\u30fb\u30c9\u30e9\u30c3\u30b1\u30f3\u30df\u30e9\u30fc\u6c0f\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3092\u898b\u3066\u307f\u305f\u3044\u3002<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59,111],"tags":[130,152],"class_list":["post-8779","post","type-post","status-publish","format-standard","hentry","category-us-stock-market","category-stock-markets","tag-stanley-druckenmiller","tag-form-13f"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/8779","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=8779"}],"version-history":[{"count":11,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/8779\/revisions"}],"predecessor-version":[{"id":8796,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/8779\/revisions\/8796"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=8779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=8779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=8779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}