![\"アングル：トランプ政策「負の側面」、日本株に波及警戒 米金利高に身構え\"\/](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2025\/01\/AQVQHZT7VNKFPPDIHGOWCMLKJY.jpg\")
<\/p>\n<\/p>\n
\u3000\u5e74\u660e\u3051\u4ee5\u964d\u3001\u65e5\u7d4c\u5e73\u5747\u304c\u30c1\u30e3\u30fc\u30c8\u4e0a\u306e\u7bc0\u76ee\u3092\u6b21\u3005\u3068\u4e0b\u629c\u3051\u308b\u5c55\u958b\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u5199\u771f\u306f\u3001\u6771\u4eac\u8a3c\u5238\u53d6\u5f15\u6240\uff08\u6771\u8a3c\uff09\u306e\u30e1\u30c7\u30a3\u30a2\u95a2\u4fc2\u8005\u3089\u3002\uff11\u6708\uff16\u65e5\u3001\u6771\u4eac\u3067\u64ae\u5f71\uff08\uff12\uff10\uff12\uff15\u5e74\u3000\u30ed\u30a4\u30bf\u30fc\/Issei Kato\uff09<\/p>\n
\uff3b\u6771\u4eac\u3000\uff11\uff14\u65e5\u3000\u30ed\u30a4\u30bf\u30fc\uff3d – \u5e74\u660e\u3051\u4ee5\u964d\u3001\u65e5\u7d4c\u5e73\u5747\u304c\u30c1\u30e3\u30fc\u30c8\u4e0a\u306e\u7bc0\u76ee\u3092\u6b21\u3005\u3068\u4e0b\u629c\u3051\u308b\u5c55\u958b\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u9023\u4f11\u660e\u3051\u306e\uff11\uff14\u65e5\u3082\u3001\u7c73\u96c7\u7528\u7d71\u8a08\u5f8c\u306e\u7c73\u91d1\u5229\u4e0a\u6607\u3092\u53d7\u3051\u305f\u7c73\u682a\u5b89\u3092\u5acc\u6c17\u3057\u3066\u4e0b\u3052\u5e45\u3092\u4e00\u6642\uff18\uff10\uff10\u5186\u8d85\u5b89\u306b\u62e1\u5927\u3057\u305f\u3002\u30a4\u30f3\u30d5\u30ec\u7684\u306a\u653f\u7b56\u3092\u4e3b\u5f35\u3059\u308b\u30c8\u30e9\u30f3\u30d7\u6b21\u671f\u7c73\u5927\u7d71\u9818\u306e\u5c31\u4efb\u3092\u6765\u9031\u306b\u63a7\u3048\u3001\u4e00\u6bb5\u306e\u7c73\u91d1\u5229\u4e0a\u6607\u3068\u306a\u308c\u3070\u9ad8\u5024\u570f\u306b\u3042\u308b\u7c73\u682a\u4fa1\u304c\u8abf\u6574\u3057\u304b\u306d\u305a\u3001\u65e5\u672c\u682a\u3082\u76f4\u6483\u3092\u514d\u308c\u306a\u3044\u3068\u306e\u8b66\u6212\u611f\u304c\u304f\u3059\u3076\u3063\u3066\u3044\u308b\u3002<\/p>\n
\u300c\u65e5\u672c\u682a\u304c\u91d1\u5229\u306b\u654f\u611f\u306a\u72b6\u6cc1\u306f\u3057\u3070\u3089\u304f\u7d9a\u304d\u305d\u3046\u3060\u300d\u3068\u3001\u30cb\u30c3\u30bb\u30a4\u57fa\u790e\u7814\u7a76\u6240\u306e\u4e95\u51fa\u771f\u543e\u30c1\u30fc\u30d5\u682a\u5f0f\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u306f\u6307\u6458\u3059\u308b\u3002<\/p>\n
\u524d\u9031\u672b\u306e\u7c73\u56fd\u5e02\u5834\u3067\u306f\u3001\uff11\uff12\u6708\u306e\u975e\u8fb2\u696d\u90e8\u9580\u96c7\u7528\u8005\u6570\u304c\uff12\uff15\u4e07\uff16\uff10\uff10\uff10\u4eba\u5897\u52a0\u3068\u5e02\u5834\u4e88\u60f3\u306e\uff11\uff16\u4e07\u4eba\u5897\u3092\u4e0a\u56de\u308a\u3001\u5931\u696d\u7387\u3082\u4f4e\u4e0b\u3057\u305f\u3053\u3068\u3092\u53d7\u3051\u3066\u9577\u671f\u91d1\u5229\u304c\uff12\uff13\u5e74\uff11\uff11\u6708\u4ee5\u6765\u306e\u6c34\u6e96\u306b\u4e0a\u6607\u3002\u30c0\u30a6\u5de5\u696d\u682a\uff13\uff10\u7a2e\u3084\uff33\uff06\uff30\uff15\uff10\uff10\u3001\u30ca\u30b9\u30c0\u30c3\u30af\u7dcf\u5408\u306f\u3044\u305a\u308c\u3082\uff11\uff05\u8d85\u4e0b\u843d\u3057\u305f\u3002<\/p>\n
\uff11\uff13\u65e5\u306b\u306f\u30c0\u30a6\u3068\uff33\uff06\uff30\u306f\u53cd\u767a\u3057\u305f\u304c\u3001\u30cf\u30a4\u30c6\u30af\u682a\u6bd4\u7387\u306e\u9ad8\u3044\u30ca\u30b9\u30c0\u30c3\u30af\u306f\u5c0f\u5e45\u7d9a\u843d\u3057\u3001\u9ad8\uff30\uff25\uff32\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u682a\u306e\u5f31\u3044\u5730\u5408\u3044\u304c\u3046\u304b\u304c\u308f\u308c\u308b\u3002\u6771\u4eac\u5e02\u5834\u3067\u3082\u3001\uff34\uff2f\uff30\uff29\uff38\u306e\uff11\uff0e\uff11\uff05\u5b89\u306b\u5bfe\u3057\u3001\u30a2\u30c9\u30d0\u30f3\u30c6\u30b9\u30c8(6857.T), opens new tab\u3084\u6771\u4eac\u30a8\u30ec\u30af\u30c8\u30ed\u30f3(8035.T), opens new tab\u3001\u30d5\u30a1\u30fc\u30b9\u30c8\u30ea\u30c6\u30a4\u30ea\u30f3\u30b0(9983.T), opens new tab\u3068\u3044\u3063\u305f\u9ad8\uff30\uff25\uff32\u9298\u67c4\u306e\u5f71\u97ff\u3092\u53d7\u3051\u3084\u3059\u3044\u65e5\u7d4c\u5e73\u5747\u306e\u4e0b\u843d\u304c\uff11\uff0e\uff18\uff05\u3068\u5927\u304d\u304f\u306a\u3063\u305f\u3002<\/p>\n
\uff33\uff06\uff30\uff15\uff10\uff10\u306e\u76ca\u56de\u308a\u3068\u9577\u671f\u91d1\u5229\u306e\u5dee\u3067\u3042\u308b\u30a4\u30fc\u30eb\u30c9\u30fb\u30b9\u30d7\u30ec\u30c3\u30c9\u306f\u3001\u7d04\u56db\u534a\u4e16\u7d00\u3076\u308a\u306e\u30de\u30a4\u30ca\u30b9\u570f\u306b\u3042\u308a\u3001\u5272\u9ad8\u306e\u72b6\u614b\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u5e02\u5834\u3067\u306f\u300c\u7c73\u91d1\u5229\u304c\uff15\uff05\u306b\u8df3\u306d\u308b\u3068\u3001\u7c73\u56fd\u682a\u306e\u8abf\u6574\u304c\u751f\u3058\u304b\u306d\u306a\u3044\u300d\uff08\u307f\u305a\u307b\u8a3c\u5238\u306e\u4e2d\u6751\u514b\u5f66\u30de\u30fc\u30b1\u30c3\u30c8\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\uff09\u3068\u8b66\u6212\u611f\u304c\u5e83\u304c\u3063\u3066\u3044\u308b\u3002<\/p>\n
\uff1c\u5186\u5b89\u306e\u7de9\u885d\u6750\u304c\u5f8c\u9000\uff1e<\/p>\n
\u65e5\u672c\u306e\u9023\u4f11\u4e2d\u306e\u30ca\u30b9\u30c0\u30c3\u30af\u306e\u4e0b\u843d\u306f\u30c8\u30fc\u30bf\u30eb\u3067\uff12\uff05\u3060\u3063\u305f\u306e\u306b\u5bfe\u3057\u3001\uff11\uff14\u65e5\u306e\u65e5\u7d4c\u5e73\u5747\u306f\u4e00\u6642\uff12\uff05\u8d85\u5b89\u306b\u4e0b\u3052\u3092\u62e1\u3052\u305f\u3002\u7c73\u91d1\u5229\u304c\u4e0a\u6607\u3057\u306a\u304c\u3089\u3082\u3001\u30c9\u30eb\uff0f\u5186\u304c\u524d\u9031\u672b\u306e\u7d42\u76e4\u6642\u70b9\u306b\u6bd4\u3079\u3066\u5186\u9ad8\u65b9\u5411\u3068\u306a\u3063\u305f\u3053\u3068\u3082\u3001\u8cb7\u3044\u898b\u9001\u308a\u6750\u6599\u3068\u306a\u3063\u305f\u3002<\/p>\n
\u70ba\u66ff\u5e02\u5834\u306e\u52d5\u304d\u306b\u3064\u3044\u3066\u306f\u3001\u65e5\u9280\u306b\u3088\u308b\uff11\u6708\u8ffd\u52a0\u5229\u4e0a\u3052\u306e\u7e54\u308a\u8fbc\u307f\u304c\u5f71\u97ff\u3057\u3066\u3044\u308b\u3068\u306e\u898b\u65b9\u304c\u3042\u308b\u3002\u30c9\u30eb\uff0f\u5186\u306e\u4e0a\u6607\u306b\u3064\u306a\u304c\u308b\u7c73\u91d1\u5229\u4e0a\u6607\u306f\u3001\u5186\u5b89\u3092\u6291\u6b62\u3057\u305f\u3044\u65e5\u9280\u306b\u3088\u308b\u65e9\u671f\u5229\u4e0a\u3052\u306e\u5224\u65ad\u3092\u4fc3\u3059\u3068\u306e\u601d\u60d1\u306b\u3064\u306a\u304c\u308b\u3068\u30cb\u30c3\u30bb\u30a4\u57fa\u790e\u7814\u306e\u4e95\u51fa\u6c0f\u306f\u307f\u3066\u3044\u308b\u3002\u5186\u5b89\u3068\u3044\u3046\u30b7\u30e7\u30c3\u30af\u30a2\u30d6\u30bd\u30fc\u30d0\u30fc\uff08\u7de9\u885d\u6750\uff09\u306b\u671f\u5f85\u3057\u306b\u304f\u3044\u4e2d\u3067\u306f\u3001\u65e5\u672c\u682a\u3078\u306e\u7c73\u682a\u5b89\u306e\u5f71\u97ff\u304c\u51fa\u3084\u3059\u304f\u306a\u308a\u304b\u306d\u306a\u3044\u3002<\/p>\n
\u300c\uff08\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u8a00\u52d5\u3067\uff09\u7c73\u91d1\u5229\u304c\u4e0a\u6607\u3059\u308b\u30ea\u30b9\u30af\u3092\u8e0f\u307e\u3048\u3066\u3001\u65e5\u9280\u306f\u5229\u4e0a\u3052\u306b\u542b\u307f\u3092\u6301\u305f\u305b\u3066\u3044\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u300d\u3068\u4e95\u51fa\u6c0f\u306f\u6307\u6458\u3059\u308b\u3002\u65e5\u9280\u306e\u6c37\u898b\u91ce\u826f\u4e09\u526f\u7dcf\u88c1\u306f\uff11\uff14\u65e5\u5348\u5f8c\u3001\u6a2a\u6d5c\u5e02\u3067\u958b\u3044\u305f\u91d1\u878d\u7d4c\u6e08\u61c7\u8ac7\u4f1a\u5f8c\u306e\u8a18\u8005\u4f1a\u898b\u3067\u3001\u6765\u9031\uff12\uff13\u2015\uff12\uff14\u65e5\u306e\u91d1\u878d\u653f\u7b56\u6c7a\u5b9a\u4f1a\u5408\u306e\u8b70\u8ad6\u306e\u7126\u70b9\u306f\u300c\u5229\u4e0a\u3052\u3059\u308b\u304b\u3069\u3046\u304b\u300d\u3060\u3068\u660e\u8a00\u3057\u305f\u3002<\/p>\n
\u6c37\u898b\u91ce\u6c0f\u306f\u3001\u7c73\u56fd\u7d4c\u6e08\u306f\u300c\u5f15\u304d\u7d9a\u304d\u5805\u8abf\u306b\u63a8\u79fb\u3059\u308b\u3068\u3044\u3046\u306e\u304c\u30e1\u30a4\u30f3\u30b7\u30ca\u30ea\u30aa\u3060\u300d\u3068\u3057\u3001\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u5c31\u4efb\u6f14\u8aac\u3092\u78ba\u8a8d\u3057\u305f\u4e0a\u3067\u30e1\u30a4\u30f3\u30b7\u30ca\u30ea\u30aa\u306e\u78ba\u5ea6\u3092\u78ba\u304b\u3081\u3066\u3044\u304d\u305f\u3044\u3068\u8ff0\u3079\u305f\u3002<\/p>\n
\u3082\u3063\u3068\u3082\u3001\u9ad8\u5024\u8b66\u6212\u306e\u3042\u308b\u7c73\u56fd\u682a\u306b\u5bfe\u3057\u3001\u65e5\u7d4c\u5e73\u5747\u3068\uff34\uff2f\uff30\uff29\uff38\u306e\u30a4\u30fc\u30eb\u30c9\u30b9\u30d7\u30ec\u30c3\u30c9\u306f\u73fe\u6642\u70b9\u3067\u30d7\u30e9\u30b9\u3092\u78ba\u4fdd\u3057\u3066\u304a\u308a\u300c\u5272\u5b89\u3067\u3082\u3042\u308a\u3001\u4e0b\u5024\u8010\u6027\u306f\u3042\u308a\u305d\u3046\u3060\u300d\uff08\u307f\u305a\u307b\u306e\u4e2d\u6751\u6c0f\uff09\u3068\u306e\u58f0\u3082\u3042\u308b\u3002<\/p>\n
\u30c8\u30e9\u30f3\u30d7\u6c0f\u306e\u653f\u7b56\u30b9\u30bf\u30f3\u30b9\u306b\u3064\u3044\u3066\u306f\u300c\u7c73\u7d4c\u6e08\u3092\u60aa\u3044\u3088\u3046\u306b\u306f\u3057\u306a\u3044\u300d\u3068\u6771\u6d77\u6771\u4eac\u30a4\u30f3\u30c6\u30ea\u30b8\u30a7\u30f3\u30b9\u30fb\u30e9\u30dc\u306e\u5e73\u5ddd\u6607\u4e8c\u30c1\u30fc\u30d5\u30b0\u30ed\u30fc\u30d0\u30eb\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u306f\u307f\u3066\u3044\u308b\u3002\u300c\uff08\u30c8\u30e9\u30f3\u30d7\u6c0f\u306f\uff09\u7c73\u682a\u5b89\u3084\u30a4\u30f3\u30d5\u30ec\u306f\u6291\u3048\u3088\u3046\u3068\u3059\u308b\u3002\u4e0d\u900f\u660e\u611f\u304c\u5f8c\u9000\u3059\u308b\u4e2d\u3067\u3001\u682a\u4fa1\u306f\u3057\u3063\u304b\u308a\u3057\u3066\u304f\u308b\u3060\u308d\u3046\u300d\u3068\u3044\u3044\u3001\u30b7\u30e7\u30c3\u30af\u5b89\u304c\u3042\u308c\u3070\u62bc\u3057\u76ee\u8cb7\u3044\u306e\u597d\u6a5f\u3068\u306e\u898b\u65b9\u3092\u5e73\u5ddd\u6c0f\u306f\u793a\u3057\u3066\u3044\u308b\u3002<\/p>\n
\uff08\u5e73\u7530\u7d00\u4e4b\u3000\u7de8\u96c6\uff1a\u6a4b\u672c\u6d69\uff09<\/p>\n
\u79c1\u305f\u3061\u306e\u884c\u52d5\u898f\u7bc4\uff1a\u30c8\u30e0\u30bd\u30f3\u30fb\u30ed\u30a4\u30bf\u30fc\u300c\u4fe1\u983c\u306e\u539f\u5247\u300d, opens new tab<\/p>\n","protected":false},"excerpt":{"rendered":"
\u3000\u5e74\u660e\u3051\u4ee5\u964d\u3001\u65e5\u7d4c\u5e73\u5747\u304c\u30c1\u30e3\u30fc\u30c8\u4e0a\u306e\u7bc0\u76ee\u3092\u6b21\u3005\u3068\u4e0b\u629c\u3051\u308b\u5c55\u958b\u3068\u306a\u3063\u3066\u3044\u308b\u3002\u5199\u771f\u306f\u3001\u6771\u4eac\u8a3c\u5238\u53d6\u5f15\u6240\uff08\u6771\u8a3c\uff09\u306e\u30e1\u30c7\u30a3\u30a2\u95a2\u4fc2\u8005\u3089\u3002\uff11\u6708\uff16\u65e5\u3001\u6771\u4eac\u3067\u64ae\u5f71\uff08\uff12\uff10\uff12\uff15\u5e74\u3000\u30ed\u30a4\u30bf\u30fc\/Issei Kato\uff09 \uff3b\u6771\u4eac\u3000\uff11\uff14\u65e5\u3000\u30ed\u30a4\u30bf\u30fc\uff3d <\/p>\n","protected":false},"author":2,"featured_media":2372004,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[762825],"tags":[767701,767780,14869,762699,762767,762879,762715,762682,762683,766118,766117,766116,762892,77593,68,762914,762685,79981,762729,763856,53321,762886,762887,765894,157336,763352,764311,688579,170696,762803,762889,762890,104159,762679],"class_list":{"0":"post-2372002","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-japan-news","8":"tag-apret","9":"tag-apret1","10":"tag-asia","11":"tag-asxpac","12":"tag-bojj","13":"tag-chip","14":"tag-cmpny","15":"tag-cycs","16":"tag-cycs08","17":"tag-destnojpbsm","18":"tag-destnojptpm","19":"tag-destnojpztm","20":"tag-easia","21":"tag-fes","22":"tag-japan-news","23":"tag-jdom","24":"tag-jln","25":"tag-jp","26":"tag-publ","27":"tag-ret","28":"tag-semi","29":"tag-semqt","30":"tag-semqt1","31":"tag-semtst","32":"tag-shop","33":"tag-shopal","34":"tag-spcret","35":"tag-stx","36":"tag-tech","37":"tag-tech08","38":"tag-teeq","39":"tag-teeq08","40":"tag-tmt","41":"tag-topnws"},"share_on_mastodon":{"url":"https:\/\/wakoka.com\/@news\/113827823628886221","error":""},"_links":{"self":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts\/2372002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/comments?post=2372002"}],"version-history":[{"count":0,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts\/2372002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/media\/2372004"}],"wp:attachment":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/media?parent=2372002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/categories?post=2372002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/tags?post=2372002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}