{"id":2461302,"date":"2025-03-14T07:36:58","date_gmt":"2025-03-14T07:36:58","guid":{"rendered":"https:\/\/www.wacoca.com\/news\/2461302\/"},"modified":"2025-03-14T07:36:58","modified_gmt":"2025-03-14T07:36:58","slug":"%e3%80%8c%e3%82%b9%e3%82%bf%e3%82%b0%e3%83%95%e3%83%ac%e3%83%bc%e3%82%b7%e3%83%a7%e3%83%b3%e3%80%8d%e3%83%88%e3%83%ac%e3%83%bc%e3%83%89%e6%b5%ae%e4%b8%8a%ef%bc%8d%e7%b1%b3%e6%a0%aa%e6%80%a5%e8%90%bd","status":"publish","type":"post","link":"https:\/\/www.wacoca.com\/news\/2461302\/","title":{"rendered":"\u300c\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u300d\u30c8\u30ec\u30fc\u30c9\u6d6e\u4e0a\uff0d\u7c73\u682a\u6025\u843d\u4e57\u308a\u5207\u308b\u52dd\u5229\u306e\u6226\u7565 – Bloomberg"},"content":{"rendered":"

\u30c8\u30e9\u30f3\u30d7\u7c73\u5927\u7d71\u9818\u306e\u884c\u304d\u3064\u623b\u308a\u3064\u3059\u308b\u95a2\u7a0e\u6226\u4e89\u306b\u7aef\u3092\u767a\u3057\u305f\u7c73\u56fd\u682a\u6025\u843d\u304c\uff13\u9031\u76ee\u306b\u5165\u308a\u3001\u907f\u96e3\u5148\u3068\u306a\u308b\u3088\u3046\u306a\u52dd\u5229\u6226\u7565\u306f\u307b\u3068\u3093\u3069\u898b\u5f53\u305f\u3089\u306a\u3044\u3002\u3057\u304b\u3057\u3001\u4eca\u307e\u3055\u306b\u6210\u529f\u3057\u3066\u3044\u308b\u6226\u7565\u304c\u3042\u308b\u3002\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306b\u9665\u308b\u7d4c\u6e08\u306e\u4e2d\u3067\u6210\u9577\u3059\u308b\u9298\u67c4\u306b\u8ced\u3051\u308b\u53d6\u5f15\u3060\u3002<\/p>\n

\u3000\u3000\u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u30fb\u30b5\u30c3\u30af\u30b9\u30fb\u30b0\u30eb\u30fc\u30d7\u306e\u30d0\u30b9\u30b1\u30c3\u30c8\u306f\u3001\u5546\u54c1\u3084\u30d8\u30eb\u30b9\u30b1\u30a2\u306a\u3069\u306e\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u30bb\u30af\u30bf\u30fc\u3092\u30ed\u30f3\u30b0\uff08\u8cb7\u3044\u6301\u3061\uff09\u306b\u3057\u3001\u6d88\u8cbb\u8005\u306e\u88c1\u91cf\u306e\u5927\u304d\u3044\u30bb\u30af\u30bf\u30fc\u3084\u534a\u5c0e\u4f53\u3001\u4e0d\u63a1\u7b97\u306e\u30cf\u30a4\u30c6\u30af\u682a\u3092\u30b7\u30e7\u30fc\u30c8\uff08\u58f2\u308a\u6301\u3061\uff09\u3057\u3066\u3044\u308b\u3002<\/p>\n

\u3000\u3000\u3053\u306e\u7d44\u307f\u5408\u308f\u305b\u306f11\u65e5\u6642\u70b9\u3067\u3001\u540c\u793e\u306e\u7c73\u56fd\u30ed\u30f3\u30b0\u30b7\u30e7\u30fc\u30c8\u30fb\u30d0\u30b9\u30b1\u30c3\u30c8\u306e\u4e2d\u3067\u3001\u4eca\u5e74\u306e\u30d9\u30b9\u30c8\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3092\u8a18\u9332\u3002\uff33\uff06\uff30500\u7a2e\u682a\u4fa1\u6307\u6570\u306e5.3\uff05\u4e0b\u843d\u306b\u5bfe\u3057\u306620\uff05\u8fd1\u304f\u4e0a\u6607\u3057\u3066\u3044\u308b\u3002<\/p>\n

\u3000\u300012\u65e5\u306b\u767a\u8868\u3055\u308c\u305f\u7c73\u56fd\u306e\u7d71\u8a08\u306f\u6d88\u8cbb\u8005\u7269\u4fa1\u4e0a\u6607\u304c\uff14\u30ab\u6708\u3067\u6700\u3082\u7de9\u3084\u304b\u306a\u30da\u30fc\u30b9\u3060\u3063\u305f\u3053\u3068\u3092\u793a\u3057\u3001\u30c8\u30ec\u30fc\u30c0\u30fc\u306b\u5e7e\u5206\u306e\u5b89\u5fc3\u611f\u3092\u4e0e\u3048\u305f\u3002\u3057\u304b\u3057\u3001\u8f38\u5165\u95a2\u7a0e\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u3068\u6210\u9577\u4f4e\u8ff7\u304c\u540c\u6642\u306b\u8d77\u3053\u308b\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u3092\u5f15\u304d\u8d77\u3053\u3059\u53ef\u80fd\u6027\u3092\u61f8\u5ff5\u3059\u308b\u6295\u8cc7\u5bb6\u3082\u3044\u308b\u3002<\/p>\n

\u3000\u3000\u30a8\u30d0\u30b3\u30a2\uff29\uff33\uff29\u306e\u682a\u5f0f\u30fb\u30af\u30aa\u30f3\u30c4\u62c5\u5f53\u30c1\u30fc\u30d5\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u3001\u30b8\u30e5\u30ea\u30a2\u30f3\u30fb\u30a8\u30de\u30cb\u30e5\u30a8\u30eb\u6c0f\u306f\u300c\u65e2\u306b\u63d0\u6848\u30fb\u691c\u8a0e\u3055\u308c\u3066\u3044\u308b\u901a\u308a\u306e\u95a2\u7a0e\u304c\u9577\u671f\u9593\u8ab2\u3055\u308c\u305f\u5834\u5408\u3001\u6210\u9577\u306f\u5927\u5e45\u306b\u6e1b\u901f\u3057\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u5927\u5e45\u306b\u4e0a\u6607\u3059\u308b\u3053\u3068\u308f\u308c\u308f\u308c\u306e\u653f\u7b56\u5206\u6790\u306f\u793a\u3057\u3066\u3044\u308b\u300d\u3068\u8ff0\u3079\u305f\u3002<\/p>\n

\u3000\u3000\u30a8\u30d0\u30b3\u30a2\u306f\u3001\u7c73\u56fd\u5185\u7dcf\u751f\u7523\uff08\uff27\uff24\uff30\uff09\u6210\u9577\u7387\u304c\u5e74\u73871.5\uff05\u3092\u4e0b\u56de\u308a\u3001\u4e00\u65b9\u3067\u500b\u4eba\u6d88\u8cbb\u652f\u51fa\uff08\uff30\uff23\uff25\uff09\u30b3\u30a2\u4fa1\u683c\u6307\u6570\u306b\u57fa\u3065\u304f\u30a4\u30f3\u30d5\u30ec\u7387\u304c\uff13\uff05\u3092\u8d85\u3048\u308b\u5834\u5408\u3001\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u304c\u767a\u751f\u3059\u308b\u3068\u3057\u3066\u3044\u308b\u3002<\/p>\n

\u3000\u3000\u305d\u308c\u304c\u73fe\u5b9f\u306b\u306a\u308c\u3070\u3001\u540c\u793e\u306e\u5f31\u6c17\u30b7\u30ca\u30ea\u30aa\u304c\u767a\u52d5\u3055\u308c\u3001\uff33\uff06\uff30500\u7a2e\u306f\u5e74\u672b\u307e\u3067\u306b\u73fe\u5728\u306e\u7d045600\u304b\u30895200\u307e\u3067\u5024\u4e0b\u304c\u308a\u3057\u5f97\u308b\u3068\u3044\u3046\u3002<\/p>\n

\"Goldman's<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

\u3000\u3000\u666f\u6cc1\u611f\u306e\u60aa\u5316\u306b\u3088\u308a\u3001\u65e2\u306b\u591a\u304f\u306e\u30a8\u30b3\u30ce\u30df\u30b9\u30c8\u304c\u7c73\u7d4c\u6e08\u306e\u898b\u901a\u3057\u3092\u4e0b\u65b9\u4fee\u6b63\u3057\u3066\u3044\u308b\u3002\u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u306e\u30c1\u30fc\u30d5\u30a8\u30b3\u30ce\u30df\u30b9\u30c8\u3001\u30e4\u30f3\u30fb\u30cf\u30c3\u30c1\u30a6\u30b9\u6c0f\u306f10\u65e5\u30012025\u5e74\u306e\u6210\u9577\u7387\u4e88\u60f3\u30922.4\uff05\u304b\u30891.7\uff05\u306b\u5f15\u304d\u4e0b\u3052\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u4e88\u60f3\u3092\u4e0a\u65b9\u4fee\u6b63\u3057\u305f\u3002\u30a6\u30a9\u30fc\u30eb\u8857\u306e\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u3089\u306f\u7c73\u56fd\u682a\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u306b\u3064\u3044\u3066\u3001\u3088\u308a\u60b2\u89b3\u7684\u306b\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n

\u3000\u3000\u7c73\u56fd\u306e\u512a\u826f\u4f01\u696d\u306e\u696d\u7e3e\u898b\u901a\u3057\u3082\u60aa\u5316\u3057\u3066\u3044\u308b\u3002\u7c73\u56fd\u306e\u5927\u624b\u822a\u7a7a\u4f1a\u793e\uff12\u793e\u306f\u696d\u7e3e\u4e88\u60f3\u3092\u5927\u5e45\u306b\u4e0b\u65b9\u4fee\u6b63\u3002\u7c73\u56fd\u306e\u6d88\u8cbb\u52d5\u5411\u306e\u30d0\u30ed\u30e1\u30fc\u30bf\u30fc\u3067\u3042\u308b\u5c0f\u58f2\u308a\u5927\u624b\u30a6\u30a9\u30eb\u30de\u30fc\u30c8\u3082\u5148\u884c\u304d\u306e\u5f31\u542b\u307f\u3092\u8b66\u544a\u3057\u3066\u3044\u308b\u3002<\/p>\n

\u52dd\u3061\u7d44<\/p>\n

\u3000\u3000\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306e\u30b7\u30ca\u30ea\u30aa\u306b\u304a\u3051\u308b\u52dd\u8005\u306f\u8ab0\u304b\u3002\u4e00\u822c\u7684\u306b\u3001\u666f\u6c17\u304c\u3069\u3093\u306a\u306b\u4f4e\u8ff7\u3057\u3066\u3044\u3066\u3082\u5b89\u5b9a\u3057\u305f\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u751f\u307f\u51fa\u3059\u4f01\u696d\u304c\u3053\u308c\u306b\u8a72\u5f53\u3059\u308b\u3002\u30d8\u30eb\u30b9\u30b1\u30a2\u3084\u30a8\u30cd\u30eb\u30ae\u30fc\u3001\u751f\u6d3b\u5fc5\u9700\u54c1\u3068\u3044\u3063\u305f\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u30bb\u30af\u30bf\u30fc\u306f\u3001\uff33\uff06\uff30500\u7a2e\u69cb\u6210\u9298\u67c4\u306e\u4e2d\u306725\u5e74\u306e\u30c8\u30c3\u30d7\u30af\u30e9\u30b9\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3092\u6b8b\u3057\u3066\u3044\u308b\u3002<\/p>\n

\u3000\u3000\u30b4\u30fc\u30eb\u30c9\u30de\u30f3\u306e\u7c73\u30ab\u30b9\u30bf\u30e0\u30d0\u30b9\u30b1\u30c3\u30c8\u30c1\u30fc\u30e0\u62c5\u5f53\u30d0\u30a4\u30b9\u30d7\u30ec\u30b8\u30c7\u30f3\u30c8\u3001\u30d5\u30a1\u30ea\u30b9\u30fb\u30e0\u30e9\u30c3\u30c9\u6c0f\u306f\u300c\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u518d\u7de8\u6210\u3092\u691c\u8a0e\u3057\u3001\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306e\u53ef\u80fd\u6027\u306e\u9ad8\u307e\u308a\u306b\u5bfe\u3059\u308b\u30d8\u30c3\u30b8\u3092\u6c42\u3081\u308b\u6295\u8cc7\u5bb6\u306b\u3001\u5f53\u793e\u306e\u300e\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u300f\u30ed\u30f3\u30b0\u30b7\u30e7\u30fc\u30c8\u30fb\u30da\u30a2\u30fb\u30d0\u30b9\u30b1\u30c3\u30c8\u3092\u52e7\u3081\u308b\u300d\u306810\u65e5\u306e\u30ea\u30dd\u30fc\u30c8\u306b\u8a18\u3057\u305f\u3002<\/p>\n

\u3000\u3000\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u304c\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u306e\u305f\u3081\u306b\u7a4d\u6975\u7684\u306a\u5229\u4e0a\u3052\u3092\u958b\u59cb\u3057\u305f22\u5e74\u4ee5\u6765\u3001\u3053\u306e\u30d0\u30b9\u30b1\u30c3\u30c8\u306f\u901a\u5e74\u30d9\u30fc\u30b9\u3067\uff33\uff06\uff30500\u7a2e\u3092\u4e0a\u56de\u308b\u904b\u7528\u6210\u7e3e\u3092\u9054\u6210\u3067\u304d\u3066\u3044\u306a\u3044\u3002<\/p>\n

\"Evercore<\/p>\n

Evercore ISI Research<\/p>\n

Source: Bloomberg<\/p>\n

\u3000\u3000\u30ea\u30f3\u30d9\u30b9\u30c821\u306e\u5275\u696d\u8005\u3067\u6700\u9ad8\u7d4c\u55b6\u8cac\u4efb\u8005\uff08\uff23\uff25\uff2f\uff09\u306e\u30c7\u30fc\u30d3\u30c3\u30c9\u30fb\u30ea\u30f3\u6c0f\u306f\u3001\u30b3\u30b9\u30c8\u3092\u3046\u307e\u304f\u6d88\u8cbb\u8005\u306b\u8ee2\u5ac1\u3067\u304d\u308b\u5b89\u5b9a\u3057\u305f\u6d88\u8cbb\u8005\u9700\u8981\u3092\u6301\u3064\u4f01\u696d\u306b\u6ce8\u76ee\u3059\u308b\u3053\u3068\u3092\u52e7\u3081\u3066\u3044\u308b\u3002\u6709\u5229\u306a\u898f\u5236\u74b0\u5883\u3092\u80cc\u666f\u306b\u516c\u76ca\u682a\u3084\u30d8\u30eb\u30b9\u30b1\u30a2\u682a\u304c\u597d\u8abf\u306b\u63a8\u79fb\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3068\u540c\u6c0f\u306f\u8ff0\u3079\u305f\u3002<\/p>\n

\u3000\u3000\u4eba\u5de5\u77e5\u80fd\uff08\uff21\uff29\uff09\u3092\u99c6\u4f7f\u3057\u305f\u30ea\u30f3\u6c0f\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u30e2\u30c7\u30eb\u306b\u3088\u308b\u3068\u3001\u6d88\u8cbb\u8ca1\u5927\u624b\u306e\u30b8\u30e7\u30f3\u30bd\u30f3\u30fb\u30a8\u30f3\u30c9\u30fb\u30b8\u30e7\u30f3\u30bd\u30f3\uff08\uff2a\uff06\uff2a\uff09\u3084\u30d7\u30ed\u30af\u30bf\u30fc\u30fb\u30a2\u30f3\u30c9\u30fb\u30ae\u30e3\u30f3\u30d6\u30eb\uff08\uff30\uff06\uff27\uff09\u306f\u3001\u591a\u69d8\u306a\u88fd\u54c1\u7fa4\u3092\u3066\u3053\u306b\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u74b0\u5883\u4e0b\u3067\u597d\u6210\u7e3e\u3092\u4e0a\u3052\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002<\/p>\n

\u3000\u3000\u30a8\u30cd\u30eb\u30ae\u30fc\u90e8\u9580\u3067\u306f\u3001\u30cd\u30af\u30b9\u30c8\u30a8\u30e9\u30fb\u30a8\u30ca\u30b8\u30fc\u304c\u518d\u751f\u53ef\u80fd\u30a8\u30cd\u30eb\u30ae\u30fc\u9700\u8981\u306e\u62e1\u5927\u3092\u3046\u307e\u304f\u53d6\u308a\u8fbc\u3080\u3053\u3068\u304c\u3067\u304d\u308b\u3068\u30ea\u30f3\u6c0f\u306f\u307f\u3066\u3044\u308b\u3002\u540c\u9700\u8981\u306f\u666f\u6c17\u6e1b\u901f\u3084\u30a4\u30f3\u30d5\u30ec\u4e0a\u6607\u306e\u4e2d\u3067\u3082\u8870\u3048\u306a\u3044\u898b\u8fbc\u307f\u3060\u3068\u3044\u3046\u3002<\/p>\n

\u539f\u984c\uff1aStagflation Trade Emerges as Rare Winner in US Stock Market Rout\uff08\u629c\u7c8b\uff09<\/p>\n","protected":false},"excerpt":{"rendered":"

\u30c8\u30e9\u30f3\u30d7\u7c73\u5927\u7d71\u9818\u306e\u884c\u304d\u3064\u623b\u308a\u3064\u3059\u308b\u95a2\u7a0e\u6226\u4e89\u306b\u7aef\u3092\u767a\u3057\u305f\u7c73\u56fd\u682a\u6025\u843d\u304c\uff13\u9031\u76ee\u306b\u5165\u308a\u3001\u907f\u96e3\u5148\u3068\u306a\u308b\u3088\u3046\u306a\u52dd\u5229\u6226\u7565\u306f\u307b\u3068\u3093\u3069\u898b\u5f53\u305f\u3089\u306a\u3044\u3002\u3057\u304b\u3057\u3001\u4eca\u307e\u3055\u306b\u6210\u529f\u3057\u3066\u3044\u308b\u6226\u7565\u304c\u3042\u308b\u3002\u30b9\u30bf\u30b0\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306b\u9665\u308b\u7d4c\u6e08\u306e\u4e2d\u3067\u6210\u9577\u3059\u308b\u9298\u67c4\u306b\u8ced<\/p>\n","protected":false},"author":2,"featured_media":2461303,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[395391],"tags":[123973,6711,782642,201,173318,32179,129441,200],"class_list":{"0":"post-2461302","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-breaking-news","8":"tag-cojp","9":"tag-finance","10":"tag-inflation","11":"tag-news","12":"tag-personal-finance","13":"tag-science","14":"tag-well-spent","15":"tag-200"},"share_on_mastodon":{"url":"https:\/\/wakoka.com\/@news\/114159646269316309","error":""},"_links":{"self":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts\/2461302","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=2461302"}],"version-history":[{"count":0,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts\/2461302\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/media\/2461303"}],"wp:attachment":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/media?parent=2461302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/categories?post=2461302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/tags?post=2461302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}