{"id":342,"date":"2026-01-01T16:45:56","date_gmt":"2026-01-01T07:45:56","guid":{"rendered":"https:\/\/blackfire.work\/invest\/?p=342"},"modified":"2026-01-01T16:45:58","modified_gmt":"2026-01-01T07:45:58","slug":"%ef%bc%92%ef%bc%90%ef%bc%92%ef%bc%96%e5%b9%b4%e3%81%af%e5%b9%b4%e5%88%9d%e3%81%8b%e3%82%89%e7%b1%b3%e5%9b%bd%e9%ab%98%e7%b4%9a%e7%99%be%e8%b2%a8%e5%ba%97%e3%82%b5%e3%83%83%e3%82%af%e3%82%b9%e3%82%b0","status":"publish","type":"post","link":"https:\/\/blackfire.work\/invest\/?p=342","title":{"rendered":"\uff12\uff10\uff12\uff16\u5e74\u306f\u5e74\u521d\u304b\u3089\u7c73\u56fd\u9ad8\u7d1a\u767e\u8ca8\u5e97\u30b5\u30c3\u30af\u30b9\u30b0\u30ed\u30fc\u30d0\u30eb\u7834\u7523\u307b\u307c\u78ba\u306e\u304a\u77e5\u3089\u305b\u3001\u305d\u306e\u5f71\u97ff\u306f\uff1f"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">\u30a4\u30f3\u30d5\u30ec\u5012\u7523\u30e9\u30c3\u30b7\u30e5\u304c\u59cb\u307e\u3063\u305f\uff1f<\/h2>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"embed-twitter\"><blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"ja\" dir=\"ltr\">\u7c73\u9ad8\u7d1a\u767e\u8ca8\u5e97\u306e\u30b5\u30c3\u30af\u30b9\u3001\u6570\u65e5\u4ee5\u5185\u306b\u7834\u7523\u7533\u8acb\u304b\u3000\u7c73\u5831\u9053<a href=\"https:\/\/t.co\/e81nKWTNGh\">https:\/\/t.co\/e81nKWTNGh<\/a><\/p>&mdash; \u65e5\u672c\u7d4c\u6e08\u65b0\u805e \u96fb\u5b50\u7248\uff08\u65e5\u7d4c\u96fb\u5b50\u7248\uff09 (@nikkei) <a href=\"https:\/\/twitter.com\/nikkei\/status\/2006502974764306894?ref_src=twsrc%5Etfw\">December 31, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">\u3053\u306e\u5f71\u97ff\u306f<\/h2>\n\n\n\n<p><strong>\u30b5\u30c3\u30af\u30b9\u30b0\u30eb\u30fc\u30d7\uff08Saks Global\uff09\u306e\u5012\u7523\u304c\u7c73\u56fd\u7d4c\u6e08\u306b\u4e0e\u3048\u308b\u5f71\u97ff<\/strong>\u30b5\u30c3\u30af\u30b9\u30b0\u30eb\u30fc\u30d7\uff08Saks Fifth Avenue\u3068Neiman Marcus\u3092\u5098\u4e0b\u306b\u6301\u3064Saks Global\uff09\u306f\u3001\u9ad8\u7d1a\u767e\u8ca8\u5e97\u3068\u3057\u3066\u7c73\u56fd\u5c0f\u58f2\u30bb\u30af\u30bf\u30fc\u306e\u91cd\u8981\u306a\u4e00\u90e8\u3092\u5360\u3081\u3066\u304a\u308a\u30012025\u5e74\u672b\u6642\u70b9\u3067\u7d0447\u5104\u30c9\u30eb\u306e\u50b5\u52d9\u3092\u62b1\u3048\u3001\u58f2\u4e0a\u4f4e\u8ff7\u3084\u652f\u6255\u3044\u9045\u5ef6\u304c\u6df1\u523b\u5316\u3057\u3066\u3044\u308b\u3002\u4eee\u306b\u5012\u7523\uff08Chapter 11\u7533\u8acb\uff09\u3057\u305f\u5834\u5408\u3001\u4e3b\u306b\u4ee5\u4e0b\u306e\u5f71\u97ff\u304c\u4e88\u60f3\u3055\u308c\u308b\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u96c7\u7528\u306e\u55aa\u5931\u3068\u52b4\u50cd\u5e02\u5834\u3078\u306e\u5f71\u97ff<\/strong>: Saks Global\u306e\u5f93\u696d\u54e1\u6570\u306f\u7d0423,000\u4eba\u3092\u8d85\u3048\u3066\u304a\u308a\u3001\u5012\u7523\u306b\u3088\u308a\u5927\u898f\u6a21\u306a\u30ec\u30a4\u30aa\u30d5\u304c\u767a\u751f\u3059\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u30022025\u5e74\u306b\u3059\u3067\u306b\u7d04550\u4eba\uff08\u5168\u5f93\u696d\u54e1\u306e3%\uff09\u306e\u524a\u6e1b\u3092\u5b9f\u65bd\u3057\u3066\u304a\u308a\u3001\u3055\u3089\u306b\u6570\u5343\u4eba\u306e\u5931\u696d\u304c\u52a0\u308f\u308c\u3070\u3001\u30cb\u30e5\u30fc\u30e8\u30fc\u30af\u3084\u4ed6\u306e\u5927\u90fd\u5e02\u570f\u306e\u5c0f\u58f2\u30fb\u30b5\u30fc\u30d3\u30b9\u696d\u306b\u6ce2\u53ca\u3002\u5931\u696d\u7387\u306e\u4e0a\u6607\u3084\u6d88\u8cbb\u8005\u652f\u51fa\u306e\u6e1b\u5c11\u3092\u62db\u304d\u3001\u7d4c\u6e08\u5168\u4f53\u306e\u56de\u5fa9\u3092\u9045\u3089\u305b\u308b\u8981\u56e0\u3068\u306a\u308b&nbsp;\u3002<\/li>\n\n\n\n<li><strong>\u30b5\u30d7\u30e9\u30a4\u30c1\u30a7\u30fc\u30f3\u3068\u30d9\u30f3\u30c0\u30fc\u3078\u306e\u6253\u6483<\/strong>: \u9ad8\u7d1a\u30d6\u30e9\u30f3\u30c9\u306e\u4e3b\u8981\u8ca9\u58f2\u30c1\u30e3\u30cd\u30eb\u3068\u3057\u3066\u3001\u6570\u5343\u306e\u30d9\u30f3\u30c0\u30fc\uff08\u30d5\u30a1\u30c3\u30b7\u30e7\u30f3\u30d6\u30e9\u30f3\u30c9\u3084\u30b5\u30d7\u30e9\u30a4\u30e4\u30fc\uff09\u304c\u4f9d\u5b58\u3002\u672a\u6255\u3044\u50b5\u52d9\u304c100\u5104\u30c9\u30eb\u898f\u6a21\u306b\u9054\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u3001\u7279\u306b\u4e2d\u5c0f\u30d6\u30e9\u30f3\u30c9\u306e\u5012\u7523\u3092\u8a98\u767a\u30022025\u5e74\u306e\u5831\u544a\u3067\u306f\u3001\u30d9\u30f3\u30c0\u30fc\u652f\u6255\u3044\u306e\u9045\u5ef6\u304c\u3059\u3067\u306b\u554f\u984c\u3068\u306a\u3063\u3066\u304a\u308a\u3001\u5012\u7523\u6642\u306f\u3053\u308c\u304c\u62e1\u5927\u3057\u3001\u30d5\u30a1\u30c3\u30b7\u30e7\u30f3\u7523\u696d\u5168\u4f53\u306e\u751f\u7523\u30fb\u6d41\u901a\u3092\u6df7\u4e71\u3055\u305b\u308b&nbsp;\u3002<\/li>\n\n\n\n<li><strong>\u6d88\u8cbb\u8005\u4fe1\u983c\u3068\u9ad8\u7d1a\u6d88\u8cbb\u306e\u4f4e\u8ff7<\/strong>: \u9ad8\u7d1a\u5c0f\u58f2\u306e\u5012\u7523\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u3084\u96c7\u7528\u4e0d\u5b89\u5b9a\u5316\u306e\u30b7\u30b0\u30ca\u30eb\u3068\u306a\u308a\u3001\u5bcc\u88d5\u5c64\u306e\u6d88\u8cbb\u610f\u6b32\u3092\u51b7\u3084\u3059\u30022025\u5e74\u306e\u58f2\u4e0a\u306f\u524d\u5e74\u6bd415.8%\u6e1b\uff08\u7b2c1\u56db\u534a\u671f\uff09\u3068\u3059\u3067\u306b\u60aa\u5316\u3057\u3066\u304a\u308a\u3001\u5012\u7523\u306f\u5c0f\u58f2\u30bb\u30af\u30bf\u30fc\u5168\u4f53\u306e\u4fe1\u983c\u3092\u640d\u306a\u3044\u3001GDP\u6210\u9577\u7387\u30920.1-0.2%\u7a0b\u5ea6\u62bc\u3057\u4e0b\u3052\u308b\u9593\u63a5\u5f71\u97ff\u3092\u4e0e\u3048\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002\u5168\u4f53\u3068\u3057\u3066\u3001\u7c73\u56fd\u7d4c\u6e08\u3078\u306e\u5f71\u97ff\u306f\u5c0f\u58f2\u30bb\u30af\u30bf\u30fc\u4e2d\u5fc3\u3067\u3001GDP\u3078\u306e\u76f4\u63a5\u5bc4\u4e0e\u306f\u9650\u5b9a\u7684\uff08\u5e74\u9593\u53ce\u76ca\u7d0474\u5104\u30c9\u30eb\uff09\u3060\u304c\u3001\u9023\u9396\u53cd\u5fdc\u3067\u4e2d\u898f\u6a21\u306e\u7d4c\u6e08\u30b7\u30e7\u30c3\u30af\u3092\u751f\u3080&nbsp;\u3002<\/li>\n\n\n\n<li><strong>\u50b5\u52d9\u5e02\u5834\u3078\u306e\u5f71\u97ff<\/strong>: 47\u5104\u30c9\u30eb\u306e\u50b5\u52d9\u518d\u7de8\u304c\u5931\u6557\u3059\u308c\u3070\u3001\u9280\u884c\u3084\u6295\u8cc7\u5bb6\u306b\u640d\u5931\u304c\u767a\u751f\u3002\u30ec\u30d0\u30ec\u30c3\u30b8\u30ed\u30fc\u30f3\u3084\u9ad8\u5229\u56de\u308a\u50b5\u306e\u30b9\u30d7\u30ec\u30c3\u30c9\u62e1\u5927\u3092\u62db\u304d\u3001\u91d1\u878d\u30bb\u30af\u30bf\u30fc\u306e\u4e0d\u5b89\u5b9a\u5316\u3092\u52a9\u9577&nbsp;\u3002<\/li>\n<\/ul>\n\n\n\n<p><strong>\u65e5\u7c73\u682a\u5f0f\u5e02\u5834\u3078\u306e\u5f71\u97ff<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u7c73\u56fd\u682a\u5f0f\u5e02\u5834<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>\u5c0f\u58f2\u30bb\u30af\u30bf\u30fc\u306e\u5373\u6642\u4e0b\u843d<\/strong>: Saks Global\u306e\u5012\u7523\u306f\u3001\u7af6\u5408\u4ed6\u793e\uff08Macy&#8217;s, Nordstrom, Bloomingdale&#8217;s\u306a\u3069\uff09\u306e\u682a\u4fa1\u30925-10%\u62bc\u3057\u4e0b\u3052\u308b\u53ef\u80fd\u6027\u30022025\u5e74\u306eNeiman Marcus\u8cb7\u53ce\uff0826.5\u5104\u30c9\u30eb\uff09\u3067\u50b5\u52d9\u304c\u5897\u5927\u3057\u305f\u7d4c\u7def\u304b\u3089\u3001\u6295\u8cc7\u5bb6\u306f\u9ad8\u7d1a\u5c0f\u58f2\u5168\u4f53\u306e\u30ea\u30b9\u30af\u3092\u518d\u8a55\u4fa1\u3057\u3001\u30bb\u30af\u30bf\u30fcETF\uff08\u4f8b: XRT\uff09\u306e\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u4e0a\u6607\u3092\u62db\u304f\u3002\u5168\u4f53\u5e02\u5834\uff08S&amp;P 500\uff09\u3078\u306e\u5f71\u97ff\u306f\u9650\u5b9a\u7684\u3060\u304c\u3001\u6d88\u8cbb\u8005\u95a2\u9023\u682a\u306e\u58f2\u308a\u304c\u5e83\u304c\u308a\u3001\u30c0\u30a6\u5e73\u5747\u3092\u6570\u767e\u30dd\u30a4\u30f3\u30c8\u4e0b\u843d\u3055\u305b\u308b\u77ed\u671f\u30b7\u30e7\u30c3\u30af\u304c\u767a\u751f\u3059\u308b\u53ef\u80fd\u6027&nbsp;\u3002<\/li>\n\n\n\n<li><strong>\u50b5\u5238\u5e02\u5834\u306e\u9023\u52d5<\/strong>: \u4fe1\u7528\u30b9\u30d7\u30ec\u30c3\u30c9\u306e\u62e1\u5927\u3067\u3001\u30cf\u30a4\u30a4\u30fc\u30eb\u30c9\u50b5\u5e02\u5834\u306b\u5727\u529b\u30022025\u5e74\u306e\u50b5\u52d9\u518d\u7de8\uff086\u5104\u30c9\u30eb\u65b0\u898f\u8abf\u9054\uff09\u5931\u6557\u304c\u524d\u4f8b\u3068\u306a\u308a\u3001\u6295\u8cc7\u5bb6\u306e\u30ea\u30b9\u30af\u56de\u907f\u3092\u5f37\u3081\u308b&nbsp;\u3002<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\u65e5\u672c\u682a\u5f0f\u5e02\u5834<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>\u9650\u5b9a\u7684\u3060\u304c\u9593\u63a5\u5f71\u97ff<\/strong>: Saks Global\u306f\u7c73\u56fd\u4e2d\u5fc3\u306e\u305f\u3081\u3001\u65e5\u672c\u5e02\u5834\u3078\u306e\u76f4\u63a5\u5f71\u97ff\u306f\u5c0f\u3055\u3044\u3002\u305f\u3060\u3057\u3001\u65e5\u672c\u306e\u9ad8\u7d1a\u5e02\u5834\u306f\u6b27\u7c73\u30d6\u30e9\u30f3\u30c9\u4f9d\u5b58\u304c\u9ad8\u304f\uff08\u4f8b: LVMH, Kering\u306e\u8ca9\u58f2\u30c1\u30e3\u30cd\u30eb\uff09\u3001\u5012\u7523\u306b\u3088\u308b\u5728\u5eab\u51e6\u5206\u3084\u30d6\u30e9\u30f3\u30c9\u4fe1\u983c\u4f4e\u4e0b\u304c\u65e5\u672c\u5c0f\u58f2\u682a\uff08\u4f0a\u52e2\u4e39\u4e09\u8d8a, \u9ad8\u5cf6\u5c4b\u306a\u3069\uff09\u30921-3%\u4e0b\u843d\u3055\u305b\u308b\u53ef\u80fd\u6027\u3002\u6b74\u53f2\u7684\u306b\u3001\u7c73\u56fd\u306e\u9ad8\u7d1a\u5c0f\u58f2\u5371\u6a5f\uff082008\u5e74\u91d1\u878d\u5371\u6a5f\u6642\uff09\u306f\u65e5\u672c\u682a\u306e\u6d88\u8cbb\u8005\u30bb\u30af\u30bf\u30fc\u306b\u6ce2\u53ca\u3057\u3001\u682a\u4fa1\u4e0b\u843d\u3092\u52a9\u9577\u3057\u305f\u4e8b\u4f8b\u304c\u3042\u308b\u30022025\u5e74\u306e\u5186\u5b89\u4e0b\u3067\u65e5\u672c\u9ad8\u7d1a\u5e02\u5834\u306f\u56de\u5fa9\u4e2d\u3060\u304c\u3001\u89b3\u5149\u5ba2\u6e1b\u5c11\u3084\u8f38\u51fa\u30d6\u30e9\u30f3\u30c9\u306e\u6253\u6483\u3067\u65e5\u7d4c\u5e73\u5747\u3092\u6570\u767e\u30dd\u30a4\u30f3\u30c8\u62bc\u3057\u4e0b\u3052\u308b\u9593\u63a5\u52b9\u679c\u304c\u4e88\u60f3\u3055\u308c\u308b&nbsp;\u3002<\/li>\n\n\n\n<li><strong>\u30b0\u30ed\u30fc\u30d0\u30eb\u9023\u52d5<\/strong>: \u7c73\u682a\u4e0b\u843d\u304c\u65e5\u672c\u5e02\u5834\u306b\u4f1d\u64ad\u3057\u3001\u8f38\u51fa\u95a2\u9023\u682a\uff08\u30d5\u30a1\u30c3\u30b7\u30e7\u30f3\u30fb\u6d88\u8cbb\u8ca1\u30e1\u30fc\u30ab\u30fc\uff09\u306b\u58f2\u308a\u5727\u529b\u3002\u5168\u4f53\u3068\u3057\u3066\u3001\u5f71\u97ff\u306f\u4e00\u6642\u7684\u3067\u30011-2\u9031\u9593\u4ee5\u5185\u306b\u56de\u5fa9\u3059\u308b\u516c\u7b97\u304c\u9ad8\u3044\u304c\u3001\u65e2\u5b58\u306e\u65e5\u672c\u7d4c\u6e08\u554f\u984c\uff08\u8cc3\u91d1\u4f4e\u4e0b, \u30a4\u30f3\u30d5\u30ec\uff09\u3068\u91cd\u306a\u308c\u3070\u9577\u671f\u5316\u3059\u308b\u30ea\u30b9\u30af\u3042\u308a&nbsp;\u3002<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p>\u5168\u4f53\u3068\u3057\u3066\u3001\u5012\u7523\u306e\u5f71\u97ff\u306f\u7c73\u56fd\u5c0f\u58f2\u30bb\u30af\u30bf\u30fc\u306b\u96c6\u4e2d\u3057\u3001\u65e5\u672c\u5e02\u5834\u306f\u30b0\u30ed\u30fc\u30d0\u30eb\u9023\u52d5\u306b\u3088\u308b\u4e8c\u6b21\u7684\u5f71\u97ff\u304c\u4e3b\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u7c73\u56fd\u306e\u30a4\u30f3\u30d5\u30ec\u5012\u7523\u306f\uff12\uff10\uff12\uff16\u5e74\u306f\u76f8\u6b21\u3050\u5f62\u306b\u306a\u308b\u306e\u304b\uff1f<\/h2>\n\n\n\n<p><strong>\u30a4\u30f3\u30d5\u30ec\u5012\u7523\u306e\u53ef\u80fd\u6027\u306b\u3064\u3044\u3066<\/strong>2026\u5e74\u306e\u7c73\u56fd\u3067\u30a4\u30f3\u30d5\u30ec\u304c\u539f\u56e0\u306e\u5012\u7523\uff08\u30a4\u30f3\u30d5\u30ec\u5012\u7523\uff09\u304c\u76f8\u6b21\u3050\u53ef\u80fd\u6027\u306f\u3001\u4f4e\u3044\u3068\u4e88\u6e2c\u3055\u308c\u307e\u3059\u3002\u307e\u305a\u3001\u73fe\u5728\u306e\u7d4c\u6e08\u72b6\u6cc1\u3092\u57fa\u306b\u8aac\u660e\u3057\u307e\u3059\u30022025\u5e74\u306f\u30a4\u30f3\u30d5\u30ec\u3068\u95a2\u7a0e\u306e\u5f71\u97ff\u3067\u4f01\u696d\u5012\u7523\u304c\u6025\u5897\u3057\u3001717\u793e\u4ee5\u4e0a\u304c\u7834\u7523\u7533\u8acb\u3092\u51fa\u3057\u3066\u304a\u308a\u3001\u3053\u308c\u306f2010\u5e74\u4ee5\u6765\u306e\u9ad8\u3044\u6c34\u6e96\u3067\u3059\u3002&nbsp;\u3053\u308c\u3089\u306e\u5012\u7523\u306f\u3001\u4e3b\u306b\u8f38\u5165\u4f9d\u5b58\u4f01\u696d\u304c\u30b3\u30b9\u30c8\u4e0a\u6607\u306b\u8010\u3048\u304d\u308c\u306a\u304b\u3063\u305f\u7d50\u679c\u3067\u3059\u304c\u30012026\u5e74\u306e\u30a4\u30f3\u30d5\u30ec\u7387\u306f2.4%\u301c2.6%\u7a0b\u5ea6\u306b\u5b89\u5b9a\u3059\u308b\u3068\u898b\u8fbc\u307e\u308c\u3066\u304a\u308a\u3001\u6025\u6fc0\u306a\u30b3\u30b9\u30c8\u4e0a\u6607\u306f\u53ce\u307e\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u3067\u3059\u3002&nbsp;\u305f\u3060\u3057\u3001\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u4e0b\u306e\u95a2\u7a0e\u653f\u7b56\u3084\u52b4\u50cd\u5e02\u5834\u306e\u5236\u7d04\u304c\u7d99\u7d9a\u3059\u308c\u3070\u3001\u4e00\u90e8\u306e\u30bb\u30af\u30bf\u30fc\uff08\u4f8b: 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class=\"wp-block-list\">\n<li>TransUnion\u306e2026\u5e74\u6d88\u8cbb\u8005\u4fe1\u7528\u4e88\u6e2c\u306b\u3088\u308b\u3068\u3001\u30af\u30ec\u30b8\u30c3\u30c8\u30ab\u30fc\u30c9\u306e\u6df1\u523b\u5ef6\u6ede\u7387\uff0890+\u65e5\uff09\u306f**\u308f\u305a\u304b1\u30d9\u30fc\u30b7\u30b9\u30dd\u30a4\u30f3\u30c8\u4e0a\u6607\u306e2.57%**\u3067\u3001\u307b\u307c\u5e73\u5766\u306b\u306a\u308b\u3068\u898b\u8fbc\u307e\u308c\u3066\u3044\u307e\u3059\u3002\u3053\u308c\u306f\u3001\u8cb8\u3057\u624b\u306e\u53b3\u683c\u306a\u5be9\u67fb\u3001\u6d88\u8cbb\u8005\u306b\u3088\u308b\u614e\u91cd\u306a\u4fe1\u7528\u7ba1\u7406\u3001Fed\u306e\u91d1\u5229\u5f15\u304d\u4e0b\u3052\u671f\u5f85\u304c\u80cc\u666f\u3067\u3059\u3002<\/li>\n\n\n\n<li>\u30aa\u30fc\u30c8\u30ed\u30fc\u30f3\u5ef6\u6ede\u7387\uff0860+\u65e5\uff09\u306f1.51%\uff082025\u5e74\u672b\uff09\u304b\u3089**1.54%**\u3078\u5fae\u5897\u3067\u3059\u304c\u3001\u5897\u52a0\u30da\u30fc\u30b9\u306f\u5927\u5e45\u306b\u920d\u5316\u3002<\/li>\n\n\n\n<li>\u30e2\u30fc\u30b2\u30fc\u30b8\u3084\u30d1\u30fc\u30bd\u30ca\u30eb\u30ed\u30fc\u30f3\u306f\u308f\u305a\u304b\u306b\u4e0a\u6607\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u304c\u3001\u5168\u4f53\u3068\u3057\u3066\u5ef6\u6ede\u7387\u306e\u6025\u4e0a\u6607\u306f\u4e88\u60f3\u3055\u308c\u3066\u3044\u307e\u305b\u3093\u3002<\/li>\n\n\n\n<li>Federal Reserve\u3084New York 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