{"id":10869,"date":"2026-09-22T06:00:00","date_gmt":"2026-09-21T21:00:00","guid":{"rendered":"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l3-aa-lm1\/"},"modified":"2026-09-22T07:07:56","modified_gmt":"2026-09-21T22:07:56","slug":"cfa-l3-aa-lm1","status":"publish","type":"post","link":"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l3-aa-lm1\/","title":{"rendered":"\u3010CFA\u00ae\ufe0e L3 Asset Allocation LM1\u3011Capital Market Expectations, Part 1: Framework and Macro Considerations \u3092\u8981\u70b9\u89e3\u8aac\uff5c\u8cc7\u672c\u5e02\u5834\u671f\u5f85\u306e\u8a2d\u5b9a\u30d7\u30ed\u30bb\u30b9\u30fb\u4e88\u6e2c\u306e\u8ab2\u984c\u30fb\u666f\u6c17\u5faa\u74b0\u30fb\u30a4\u30fc\u30eb\u30c9\u30ab\u30fc\u30d6"},"content":{"rendered":"<style>\n.cfalm-los{counter-reset:los;list-style:none;padding:0!important;margin:1em 0!important}\n.cfalm-los li{border:1px solid #d5d9e3;border-left:4px solid #172152;border-radius:4px;padding:.8em 1em!important;margin:0 0 .8em!important;background:#fff}\n.cfalm-los li::before{display:none!important;content:none!important}\n.cfalm-los .ja{display:block;font-weight:bold;color:#172152;line-height:1.6}\n.cfalm-los .en{display:block;font-size:.85em;color:#667;margin-top:.3em;line-height:1.5;word-break:normal!important;overflow-wrap:anywhere}\n.cfalm-sum{background:#f6f7fb;border-radius:6px;padding:1em 1.2em!important;margin:1em 0!important;list-style:none!important}\n.cfalm-sum li{position:relative;margin:.4em 0!important;padding:0 0 0 1.1em!important;line-height:1.7;list-style:none!important}.cfalm-sum li::before{content:\"\"!important;display:block!important;position:absolute!important;left:0!important;top:.7em!important;width:6px!important;height:6px!important;border-radius:50%!important;background:#172152!important;border:none!important;transform:none!important}\n.cfalm-f{background:#f6f7fb;border-left:4px solid #172152;padding:.7em 1em;margin:.8em 0;font-family:\"Menlo\",\"Consolas\",monospace;font-size:.95em;overflow-x:auto}\n.cfalm-nav{background:#f6f7fb;padding:1em 1.2em;border-radius:6px;margin:1em 0;word-break:normal;overflow-wrap:anywhere}\n<\/style>\n<div class=\"box05\">\n<p>Learning Module 1\u300cCapital Market Expectations, Part 1: Framework and Macro Considerations\uff08\u8cc7\u672c\u5e02\u5834\u671f\u5f85\uff1a\u67a0\u7d44\u307f\u3068\u30de\u30af\u30ed\u8981\u56e0\uff09\u300d\u306f\u3001\u8cc7\u672c\u5e02\u5834\u671f\u5f85\u306e\u5f79\u5272\u3068\u8a2d\u5b9a\u306e\u67a0\u7d44\u307f\u3001\u4e88\u6e2c\u4e0a\u306e\u8ab2\u984c\u3001\u5916\u751f\u7684\u30b7\u30e7\u30c3\u30af\u3068\u7d4c\u6e08\u6210\u9577\u30c8\u30ec\u30f3\u30c9\u3001\u7d4c\u6e08\u4e88\u6e2c\u306e\u4e3b\u306a\u624b\u6cd5\u3001\u666f\u6c17\u5faa\u74b0\u30fb\u30a4\u30f3\u30d5\u30ec\u30fb\u91d1\u878d\u8ca1\u653f\u653f\u7b56\u3068\u8cc7\u7523\u30af\u30e9\u30b9\u306e\u30ea\u30bf\u30fc\u30f3\u306e\u95a2\u4fc2\u3001\u30a4\u30fc\u30eb\u30c9\u30ab\u30fc\u30d6\u306e\u7d4c\u6e08\u4e88\u6e2c\u529b\u3001\u7d4c\u6e08\u9593\u306e\u9023\u95a2\u3092\u6271\u3046\u5358\u5143\u3067\u3059\u3002<\/p>\n<p>\u672c\u8a18\u4e8b\u3067\u306f\u3001\u6700\u65b0\u7248\u30ab\u30ea\u30ad\u30e5\u30e9\u30e0\u306eLOS\uff08Learning Outcome Statement\uff09\u3068\u3001\u3053\u306e\u5358\u5143\u306e\u91cd\u8981\u8ad6\u70b9\u3092\u65e5\u672c\u8a9e\u3067\u6574\u7406\u3057\u307e\u3057\u305f\u3002<\/p>\n<\/div>\n<h2>LM1\u306eLOS\uff08\u5b66\u7fd2\u76ee\u6a19\uff09<\/h2>\n<p>LOS\u306f\u3001\u3053\u306e\u5358\u5143\u3067\u300c\u3067\u304d\u308b\u3088\u3046\u306b\u306a\u308b\u3079\u304d\u3053\u3068\u300d\u3068\u3057\u3066\u793a\u3055\u308c\u3066\u3044\u308b\u5b66\u7fd2\u76ee\u6a19\u3067\u3059\u3002LM1\u306b\u306f10\u500b\u306eLOS\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<ol class=\"cfalm-los\">\n<li><span class=\"ja\">LOS 1\uff1a\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u30fb\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u30fb\u30d7\u30ed\u30bb\u30b9\u306b\u304a\u3051\u308b\u8cc7\u672c\u5e02\u5834\u671f\u5f85\u306e\u5f79\u5272\u3068\u3001\u305d\u306e\u8a2d\u5b9a\u306e\u67a0\u7d44\u307f\u3092\u8ad6\u3058\u308b<\/span><span class=\"en\">discuss the role of, and a framework for, capital market expectations in the portfolio management process<\/span><\/li>\n<li><span class=\"ja\">LOS 2\uff1a\u8cc7\u672c\u5e02\u5834\u4e88\u6e2c\u3092\u4f5c\u6210\u3059\u308b\u969b\u306e\u8ab2\u984c\u3092\u8ad6\u3058\u308b<\/span><span class=\"en\">discuss challenges in developing capital market forecasts<\/span><\/li>\n<li><span class=\"ja\">LOS 3\uff1a\u5916\u751f\u7684\u30b7\u30e7\u30c3\u30af\u304c\u7d4c\u6e08\u6210\u9577\u30c8\u30ec\u30f3\u30c9\u306b\u3069\u306e\u3088\u3046\u306b\u5f71\u97ff\u3057\u3046\u308b\u304b\u3092\u8aac\u660e\u3059\u308b<\/span><span class=\"en\">explain how exogenous shocks may affect economic growth trends<\/span><\/li>\n<li><span class=\"ja\">LOS 4\uff1a\u8cc7\u672c\u5e02\u5834\u671f\u5f85\u306e\u7b56\u5b9a\u3078\u306e\u7d4c\u6e08\u6210\u9577\u30c8\u30ec\u30f3\u30c9\u5206\u6790\u306e\u9069\u7528\u3092\u8ad6\u3058\u308b<\/span><span class=\"en\">discuss the application of economic growth trend analysis to the formulation of capital market expectations<\/span><\/li>\n<li><span class=\"ja\">LOS 5\uff1a\u7d4c\u6e08\u4e88\u6e2c\u306e\u4e3b\u8981\u306a\u30a2\u30d7\u30ed\u30fc\u30c1\u3092\u6bd4\u8f03\u3059\u308b<\/span><span class=\"en\">compare major approaches to economic forecasting<\/span><\/li>\n<li><span class=\"ja\">LOS 6\uff1a\u666f\u6c17\u5faa\u74b0\u304c\u77ed\u671f\u30fb\u9577\u671f\u306e\u671f\u5f85\u306b\u3069\u306e\u3088\u3046\u306b\u5f71\u97ff\u3059\u308b\u304b\u3092\u8ad6\u3058\u308b<\/span><span class=\"en\">discuss how business cycles affect short- and long-term expectations<\/span><\/li>\n<li><span class=\"ja\">LOS 7\uff1a\u30a4\u30f3\u30d5\u30ec\u3068\u666f\u6c17\u5faa\u74b0\u306e\u95a2\u4fc2\u3001\u304a\u3088\u3073\u30a4\u30f3\u30d5\u30ec\u304c\u73fe\u91d1\u30fb\u50b5\u5238\u30fb\u682a\u5f0f\u30fb\u4e0d\u52d5\u7523\u306e\u30ea\u30bf\u30fc\u30f3\u306b\u4e0e\u3048\u308b\u5f71\u97ff\u3092\u8aac\u660e\u3059\u308b<\/span><span class=\"en\">explain the relationship of inflation to the business cycle and the implications of inflation for cash, bonds, equity, and real estate returns<\/span><\/li>\n<li><span class=\"ja\">LOS 8\uff1a\u91d1\u878d\u653f\u7b56\u3068\u8ca1\u653f\u653f\u7b56\u304c\u666f\u6c17\u5faa\u74b0\u306b\u4e0e\u3048\u308b\u5f71\u97ff\u3092\u8ad6\u3058\u308b<\/span><span class=\"en\">discuss the effects of monetary and fiscal policy on business cycles<\/span><\/li>\n<li><span class=\"ja\">LOS 9\uff1a\u7d4c\u6e08\u306e\u4e88\u6e2c\u6307\u6a19\u3068\u3057\u3066\u306e\u30a4\u30fc\u30eb\u30c9\u30ab\u30fc\u30d6\u306e\u5f62\u72b6\u3092\u89e3\u91c8\u3057\u3001\u30a4\u30fc\u30eb\u30c9\u30ab\u30fc\u30d6\u3068\u8ca1\u653f\u30fb\u91d1\u878d\u653f\u7b56\u306e\u95a2\u4fc2\u3092\u8ad6\u3058\u308b<\/span><span class=\"en\">interpret the shape of the yield curve as an economic predictor and discuss the relationship between the yield curve and fiscal and monetary policy<\/span><\/li>\n<li><span class=\"ja\">LOS 10\uff1a\u7d4c\u6e08\u9593\u306e\u30de\u30af\u30ed\u7d4c\u6e08\u30fb\u91d1\u5229\u30fb\u70ba\u66ff\u30ec\u30fc\u30c8\u306e\u9023\u95a2\u3092\u7279\u5b9a\u30fb\u89e3\u91c8\u3059\u308b<\/span><span class=\"en\">identify and interpret macroeconomic, interest rate, and exchange rate linkages between economies<\/span><\/li>\n<\/ol>\n<h2>LM1\u306e\u307e\u3068\u3081<\/h2>\n<p>\u3053\u306e\u5358\u5143\u306e\u8981\u70b9\u3092\u307e\u3068\u3081\u308b\u3068\u3001\u6b21\u306e\u3068\u304a\u308a\u3067\u3059\u3002<\/p>\n<ul class=\"cfalm-sum\">\n<li>\u8cc7\u672c\u5e02\u5834\u671f\u5f85\u306f\u6226\u7565\u7684\u8cc7\u7523\u914d\u5206\u3068\u6226\u8853\u7684\u8cc7\u7523\u914d\u5206\u306e\u4e21\u65b9\u306b\u4e0d\u53ef\u6b20\u306a\u5165\u529b\u3067\u3042\u308a\u3001\u6700\u7d42\u76ee\u7684\u306f\u8cc7\u7523\u914d\u5206\u306e\u610f\u601d\u6c7a\u5b9a\u306b\u4f7f\u3048\u308b\u4e00\u9023\u306e\u4e88\u6e2c<\/li>\n<li>\u500b\u3005\u306e\u8cc7\u7523\u30af\u30e9\u30b9\u306e\u4e88\u6e2c\u7cbe\u5ea6\u3088\u308a\u3082\u3001\u8cc7\u7523\u30af\u30e9\u30b9\u9593\u306e\u6574\u5408\u6027\uff08\u30af\u30ed\u30b9\u30bb\u30af\u30b7\u30e7\u30f3\u306e\u6574\u5408\u6027\uff09\u3068\u671f\u9593\u9593\u306e\u6574\u5408\u6027\uff08\u7570\u6642\u70b9\u9593\u306e\u6574\u5408\u6027\uff09\u304c\u91cd\u8981<\/li>\n<li>\u8a2d\u5b9a\u30d7\u30ed\u30bb\u30b9\u306f\u3001\u5fc5\u8981\u306a\u671f\u5f85\u3068\u671f\u9593\u306e\u7279\u5b9a\u3001\u904e\u53bb\u306e\u691c\u8a3c\u3001\u624b\u6cd5\u30fb\u30e2\u30c7\u30eb\u306e\u6c7a\u5b9a\u3001\u60c5\u5831\u6e90\u306e\u6c7a\u5b9a\u3001\u73fe\u72b6\u306e\u89e3\u91c8\u3001\u671f\u5f85\u306e\u63d0\u793a\u3068\u6587\u66f8\u5316\u3001\u7d50\u679c\u306e\u30e2\u30cb\u30bf\u30ea\u30f3\u30b0\u3068\u30d5\u30a3\u30fc\u30c9\u30d0\u30c3\u30af\u306e7\u6bb5\u968e<\/li>\n<li>\u4e88\u6e2c\u4e0a\u306e\u8ab2\u984c\u306f\u3001\u7d4c\u6e08\u30c7\u30fc\u30bf\u306e\u9650\u754c\u3001\u6e2c\u5b9a\u8aa4\u5dee\u3068\u30d0\u30a4\u30a2\u30b9\u3001\u904e\u53bb\u306e\u63a8\u5b9a\u5024\u306e\u9650\u754c\u3001\u4e8b\u5f8c\u7684\u30ea\u30b9\u30af\u306e\u30d0\u30a4\u30a2\u30b9\u3001\u624b\u6cd5\u306e\u30d0\u30a4\u30a2\u30b9\u3001\u6761\u4ef6\u4ed8\u3051\u60c5\u5831\u306e\u7121\u8996\u3001\u76f8\u95a2\u306e\u8aa4\u89e3\u3001\u5fc3\u7406\u7684\u30d0\u30a4\u30a2\u30b9\u3001\u30e2\u30c7\u30eb\u306e\u4e0d\u78ba\u5b9f\u6027<\/li>\n<li>\u5916\u751f\u7684\u30b7\u30e7\u30c3\u30af\uff08\u653f\u7b56\u5909\u66f4\u3001\u65b0\u6280\u8853\u3001\u5730\u653f\u5b66\u3001\u81ea\u7136\u707d\u5bb3\u3001\u5929\u7136\u8cc7\u6e90\u3001\u91d1\u878d\u5371\u6a5f\uff09\u306b\u3088\u308b\u6210\u9577\u30c8\u30ec\u30f3\u30c9\u306e\u5909\u5316\u306f\u4e88\u6e2c\u3067\u304d\u305a\u3001\u5b9a\u7740\u3059\u308b\u307e\u3067\u628a\u63e1\u304c\u96e3\u3057\u3044<\/li>\n<li>\u7d4c\u6e08\u306e\u30c8\u30ec\u30f3\u30c9\u6210\u9577\u7387\u306f\u52b4\u50cd\u6295\u5165\u306e\u4f38\u3073\u3068\u52b4\u50cd\u751f\u7523\u6027\u306e\u4f38\u3073\u306e\u548c\u3067\u3042\u308a\u3001\u9577\u671f\u306e\u50b5\u5238\u5229\u56de\u308a\u3068\u682a\u5f0f\u306e\u5024\u4e0a\u304c\u308a\u306e\u30a2\u30f3\u30ab\u30fc\u3068\u306a\u308b<\/li>\n<li>\u7d4c\u6e08\u4e88\u6e2c\u306e\u624b\u6cd5\u306f\u8a08\u91cf\u7d4c\u6e08\u30e2\u30c7\u30eb\u3001\u666f\u6c17\u6307\u6a19\u3001\u30c1\u30a7\u30c3\u30af\u30ea\u30b9\u30c8\u306e3\u3064\u3067\u3001\u305d\u308c\u305e\u308c\u9577\u6240\u3068\u77ed\u6240\u304c\u3042\u308b<\/li>\n<li>\u666f\u6c17\u5faa\u74b0\u306f\u5c06\u6765\u306e\u4fbf\u76ca\u3092\u671f\u5f85\u3057\u3066\u884c\u308f\u308c\u3001\u5b9f\u884c\u306b\u6642\u9593\u3068\u8cc7\u6e90\u3092\u8981\u3057\u3001\u5143\u306b\u623b\u3057\u306b\u304f\u3044\u6295\u8cc7\u7684\u306a\u610f\u601d\u6c7a\u5b9a\u3092\u53cd\u6620\u3059\u308b<\/li>\n<\/ul>\n<p>\u4ee5\u4e0b\u3001LOS\u3054\u3068\u306b\u91cd\u8981\u8ad6\u70b9\u3092\u6574\u7406\u3057\u307e\u3059\u3002<\/p>\n<h3>LOS 1\uff1a\u8cc7\u672c\u5e02\u5834\u671f\u5f85\u306e\u5f79\u5272\u3068\u67a0\u7d44\u307f<\/h3>\n<p><strong>\u8cc7\u672c\u5e02\u5834\u671f\u5f85\uff08CME\uff09<\/strong>\u306f\u8cc7\u7523\u30af\u30e9\u30b9\u306e\u30ea\u30b9\u30af\u3068\u30ea\u30bf\u30fc\u30f3\u306e\u4e88\u6e2c\u3067\u3001\u6226\u7565\u7684\u30fb\u6226\u8853\u7684\u8cc7\u7523\u914d\u5206\u306e\u5165\u529b\u306b\u306a\u308a\u307e\u3059\u3002\u500b\u3005\u306e\u4e88\u6e2c\u306e\u6b63\u78ba\u3055\u3088\u308a\u3001<strong>\u8cc7\u7523\u30af\u30e9\u30b9\u9593\u3068\u671f\u9593\u9593\u306e\u6574\u5408\u6027<\/strong>\u304c\u91cd\u8996\u3055\u308c\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u624b\u98061\uff1a\u5fc5\u8981\u306a\u671f\u5f85\u3068\u671f\u9593\u3092\u7279\u5b9a<\/li>\n<li>\u624b\u98062\uff1a\u904e\u53bb\u306e\u5b9f\u7e3e\u3092\u8abf\u3079\u308b<\/li>\n<li>\u624b\u98063\uff1a\u624b\u6cd5\u30fb\u30e2\u30c7\u30eb\u3068\u305d\u306e\u60c5\u5831\u8981\u4ef6\u3092\u6c7a\u3081\u308b<\/li>\n<li>\u624b\u98064\uff1a\u6700\u9069\u306a\u60c5\u5831\u6e90\u3092\u6c7a\u3081\u308b<\/li>\n<li>\u624b\u98065\uff1a\u7d4c\u9a13\u3068\u5224\u65ad\u306b\u3088\u308a\u73fe\u5728\u306e\u6295\u8cc7\u74b0\u5883\u3092\u89e3\u91c8<\/li>\n<li>\u624b\u98066\uff1a\u671f\u5f85\u3092\u63d0\u793a\u3057\u7d50\u8ad6\u3092\u6587\u66f8\u5316\u3001\u624b\u98067\uff1a\u7d50\u679c\u3092\u76e3\u8996\u3057\u4e88\u6e2c\u3068\u6bd4\u8f03\u3057\u3066\u30d5\u30a3\u30fc\u30c9\u30d0\u30c3\u30af<\/li>\n<\/ul>\n<h3>LOS 2\uff1a\u8cc7\u672c\u5e02\u5834\u4e88\u6e2c\u306e\u8ab2\u984c<\/h3>\n<p>\u8cc7\u672c\u5e02\u5834\u306e\u4e88\u6e2c\u306b\u306f\u3001<strong>\u30c7\u30fc\u30bf\u306e\u9650\u754c<\/strong>\u3001<strong>\u904e\u53bb\u306e\u63a8\u5b9a\u5024\u306e\u9650\u754c<\/strong>\u3001<strong>\u624b\u6cd5\u306e\u30d0\u30a4\u30a2\u30b9<\/strong>\u3001<strong>\u5fc3\u7406\u7684\u30d0\u30a4\u30a2\u30b9<\/strong>\u306a\u3069\u3055\u307e\u3056\u307e\u306a\u843d\u3068\u3057\u7a74\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u7d4c\u6e08\u30c7\u30fc\u30bf\uff1a\u516c\u8868\u306e\u9045\u308c\u3001\u5b9a\u7fa9\u3084\u7b97\u51fa\u65b9\u6cd5\u306e\u5909\u66f4\u3001\u6539\u5b9a<\/li>\n<li>\u6e2c\u5b9a\u8aa4\u5dee\u3068\u30d0\u30a4\u30a2\u30b9\uff1a\u8ee2\u8a18\u30df\u30b9\u3001\u751f\u5b58\u8005\u30d0\u30a4\u30a2\u30b9\u3001\u9451\u5b9a\u8a55\u4fa1\u306b\u3088\u308b\u5e73\u6ed1\u5316<\/li>\n<li>\u904e\u53bb\u306e\u63a8\u5b9a\u5024\uff1a\u7cbe\u5ea6\u306e\u4e0d\u8db3\u3001\u975e\u5b9a\u5e38\u6027\u3001\u975e\u540c\u671f\u306e\u89b3\u6e2c\u3001\u30d5\u30a1\u30c3\u30c8\u30fb\u30c6\u30fc\u30eb\u3084\u6b6a\u5ea6<\/li>\n<li>\u4e8b\u5f8c\u7684\u30ea\u30b9\u30af\u306e\u30d0\u30a4\u30a2\u30b9\uff08\u8d77\u304d\u306a\u304b\u3063\u305f\uff0f\u305f\u307e\u305f\u307e\u8d77\u304d\u305f\u4f4e\u78ba\u7387\u306e\u4e8b\u8c61\uff09<\/li>\n<li>\u30c7\u30fc\u30bf\u30fb\u30de\u30a4\u30cb\u30f3\u30b0\u3084\u671f\u9593\u9078\u629e\u306e\u30d0\u30a4\u30a2\u30b9\u3001\u6761\u4ef6\u4ed8\u3051\u60c5\u5831\u306e\u7121\u8996\u3001\u76f8\u95a2\u306e\u8aa4\u89e3<\/li>\n<li>\u5fc3\u7406\u7684\u30d0\u30a4\u30a2\u30b9\uff08\u30a2\u30f3\u30ab\u30ea\u30f3\u30b0\u3001\u73fe\u72b6\u7dad\u6301\u3001\u78ba\u8a3c\u3001\u81ea\u4fe1\u904e\u5270\u3001\u614e\u91cd\u3001\u5229\u7528\u53ef\u80fd\u6027\uff09\u3068\u30e2\u30c7\u30eb\u306e\u4e0d\u78ba\u5b9f\u6027<\/li>\n<\/ul>\n<h3>LOS 3\uff1a\u5916\u751f\u7684\u30b7\u30e7\u30c3\u30af\u3068\u6210\u9577\u30c8\u30ec\u30f3\u30c9<\/h3>\n<p>\u6210\u9577\u30c8\u30ec\u30f3\u30c9\u306e\u5909\u5316\u306b\u306f\u3001\u3086\u3063\u304f\u308a\u9032\u307f\u89b3\u6e2c\u3057\u3084\u3059\u3044\u8981\u56e0\u306b\u3088\u308b\u3082\u306e\u3068\u3001<strong>\u5916\u751f\u7684\u30b7\u30e7\u30c3\u30af<\/strong>\u306b\u3088\u308b\u3082\u306e\u304c\u3042\u308a\u307e\u3059\u3002\u5f8c\u8005\u306f\u4e88\u6e2c\u3067\u304d\u305a\u3001\u5909\u5316\u304c\u5b9a\u7740\u3059\u308b\u307e\u3067\u7279\u5b9a\u30fb\u8a55\u4fa1\u304c\u56f0\u96e3\u3067\u3059\u3002<\/p>\n<ul>\n<li>\u653f\u7b56\u306e\u5909\u66f4<\/li>\n<li>\u65b0\u3057\u3044\u88fd\u54c1\u30fb\u6280\u8853<\/li>\n<li>\u5730\u653f\u5b66<\/li>\n<li>\u81ea\u7136\u707d\u5bb3<\/li>\n<li>\u5929\u7136\u8cc7\u6e90\u30fb\u91cd\u8981\u306a\u6295\u5165\u7269\uff08\u4f8b\uff1a\u539f\u6cb9\u4fa1\u683c\u30b7\u30e7\u30c3\u30af\uff09<\/li>\n<li>\u91d1\u878d\u5371\u6a5f\uff08\u7d4c\u6e08\u306e\u69cb\u9020\u5909\u5316\u3084\u6210\u9577\u306e\u4f4e\u4e0b\u3092\u62db\u304d\u3046\u308b\uff09<\/li>\n<\/ul>\n<h3>LOS 4\uff1a\u6210\u9577\u30c8\u30ec\u30f3\u30c9\u5206\u6790\u306e\u8cc7\u672c\u5e02\u5834\u671f\u5f85\u3078\u306e\u5fdc\u7528<\/h3>\n<p>\u7d4c\u6e08\u306e<strong>\u30c8\u30ec\u30f3\u30c9\u6210\u9577\u7387<\/strong>\u306f<strong>\u52b4\u50cd\u6295\u5165\u306e\u4f38\u3073<\/strong>\u3068<strong>\u52b4\u50cd\u751f\u7523\u6027\u306e\u4f38\u3073<\/strong>\u306e\u548c\u3067\u3001\u904e\u53bb\u306e\u30c8\u30ec\u30f3\u30c9\u3092\u5ef6\u9577\u3057\u305f\u3046\u3048\u3067\u89b3\u6e2c\u53ef\u80fd\u306a\u60c5\u5831\u3067\u8abf\u6574\u3057\u3066\u63a8\u5b9a\u3057\u307e\u3059\u3002\u30c8\u30ec\u30f3\u30c9\u6210\u9577\u7387\u306f\u9577\u671f\u306e\u50b5\u5238\u5229\u56de\u308a\u3068\u682a\u5f0f\u306e\u5024\u4e0a\u304c\u308a\u306e<strong>\u30a2\u30f3\u30ab\u30fc<\/strong>\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u5b9f\u8cea\uff08\u540d\u76ee\uff09\u30c7\u30d5\u30a9\u30eb\u30c8\u30fb\u30d5\u30ea\u30fc\u50b5\u5238\u5229\u56de\u308a\u306e\u5e73\u5747\u6c34\u6e96\u306f\u5b9f\u8cea\uff08\u540d\u76ee\uff09\u30c8\u30ec\u30f3\u30c9\u6210\u9577\u7387\u3068\u9023\u52d5<\/li>\n<li>\u8d85\u9577\u671f\u3067\u306f\u682a\u5f0f\u306e\u7dcf\u4fa1\u5024\u306fGDP\u6210\u9577\u7387\u306b\u8fd1\u3044\u30da\u30fc\u30b9\u3067\u6210\u9577<\/li>\n<li>\u65b0\u8208\u56fd\u306f\u69cb\u9020\u5909\u5316\u304c\u901f\u304f\u3001\u3088\u308a\u5927\u304d\u306a\u8abf\u6574\u304c\u5fc5\u8981<\/li>\n<li>\u682a\u5f0f\u306e\u5024\u4e0a\u304c\u308a\u306e\u9577\u671f\u7684\u306a\u76ee\u5b89\u3068\u3057\u3066\u4f7f\u3046<\/li>\n<\/ul>\n<div class=\"cfalm-f\">\u30c8\u30ec\u30f3\u30c9\u6210\u9577\u7387 \u2248 \u52b4\u50cd\u6295\u5165\uff08\u52b4\u50cd\u529b\u4eba\u53e3\uff09\u306e\u4f38\u3073 \uff0b \u52b4\u50cd\u751f\u7523\u6027\u306e\u4f38\u3073<\/div>\n<h3>LOS 5\uff1a\u7d4c\u6e08\u4e88\u6e2c\u306e3\u3064\u306e\u624b\u6cd5<\/h3>\n<p>\u7d4c\u6e08\u4e88\u6e2c\u306e\u4e3b\u306a\u624b\u6cd5\u306f\u3001<strong>\u8a08\u91cf\u7d4c\u6e08\u30e2\u30c7\u30eb<\/strong>\u3001<strong>\u666f\u6c17\u6307\u6a19<\/strong>\u3001<strong>\u30c1\u30a7\u30c3\u30af\u30ea\u30b9\u30c8<\/strong>\u306e3\u3064\u3067\u3059\u3002\u7cbe\u7dfb\u3055\u3001\u7c21\u4fbf\u3055\u3001\u67d4\u8edf\u3055\u306e\u70b9\u3067\u305d\u308c\u305e\u308c\u4e00\u9577\u4e00\u77ed\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u8a08\u91cf\u7d4c\u6e08\u30e2\u30c7\u30eb\uff1a\u5b9a\u91cf\u7684\u3067\u898f\u5f8b\u3042\u308b\u4e88\u6e2c\u3001\u30b7\u30e7\u30c3\u30af\u306e\u5f71\u97ff\u3092\u5206\u6790\u53ef\u80fd\u3002\u4e00\u65b9\u3067\u8907\u96d1\u3001\u8aa4\u7279\u5b9a\u306e\u30ea\u30b9\u30af\u3001\u8ee2\u63db\u70b9\u306e\u4e88\u6e2c\u304c\u82e6\u624b<\/li>\n<li>\u666f\u6c17\u6307\u6a19\uff08\u5148\u884c\u30fb\u4e00\u81f4\u30fb\u9045\u884c\uff09\uff1a\u6700\u3082\u7c21\u5358\u3002\u305f\u3060\u3057\u8aa4\u3063\u305f\u30b7\u30b0\u30ca\u30eb\u3084\u904e\u53bb\u30c7\u30fc\u30bf\u3078\u306e\u904e\u5270\u9069\u5408\u306e\u554f\u984c<\/li>\n<li>\u30c1\u30a7\u30c3\u30af\u30ea\u30b9\u30c8\uff1a\u5206\u6790\u8005\u304c\u95a2\u9023\u60c5\u5831\u3092\u4e3b\u89b3\u7684\u306b\u7d71\u5408\u3002\u6700\u3082\u67d4\u8edf\u3060\u304c\u6700\u3082\u4e3b\u89b3\u7684\u3067\u6642\u9593\u304c\u304b\u304b\u308b<\/li>\n<li>\u8907\u6570\u306e\u624b\u6cd5\u3092\u7d44\u307f\u5408\u308f\u305b\u3066\u4f7f\u3046\u3053\u3068\u304c\u591a\u3044<\/li>\n<\/ul>\n<h3>LOS 6\uff1a\u666f\u6c17\u5faa\u74b0\u3068\u77ed\u671f\u30fb\u9577\u671f\u306e\u671f\u5f85<\/h3>\n<p>\u666f\u6c17\u5faa\u74b0\u306f\u591a\u6570\u306e\u5faa\u74b0\u304c\u91cd\u306a\u3063\u305f\u7d50\u679c\u3067\u3001\u671f\u9593\u3084\u5f37\u3055\u304c\u6bce\u56de\u7570\u306a\u308a\u3001\u8ee2\u63db\u70b9\u306e\u4e88\u6e2c\u306f\u56f0\u96e3\u3067\u3059\u3002<strong>\u666f\u6c17\u306e\u5c40\u9762<\/strong>\u306f\u77ed\u671f\u306e\u8cc7\u7523\u30ea\u30bf\u30fc\u30f3\u306e\u671f\u5f85\u306b\u5927\u304d\u304f\u5f71\u97ff\u3057\u307e\u3059\u304c\u3001\u9577\u671f\u306e\u671f\u5f85\u306b\u306f\u5f71\u97ff\u304c\u5c0f\u3055\u304f\u306a\u308a\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u5178\u578b\u7684\u306a\u5c40\u9762\uff1a\u521d\u671f\u56de\u5fa9\u3001\u62e1\u5927\u521d\u671f\u3001\u62e1\u5927\u5f8c\u671f\u3001\u6e1b\u901f\u3001\u666f\u6c17\u5f8c\u9000<\/li>\n<li>\u5728\u5eab\u5faa\u74b0\u3068\u8a2d\u5099\u6295\u8cc7\u5faa\u74b0<\/li>\n<li>\u5c40\u9762\u3054\u3068\u306b\u91d1\u5229\u3001\u4f01\u696d\u53ce\u76ca\u3001\u682a\u4fa1\u3001\u30af\u30ec\u30b8\u30c3\u30c8\u30fb\u30b9\u30d7\u30ec\u30c3\u30c9\u306e\u52d5\u304d\u304c\u7570\u306a\u308b<\/li>\n<li>\u77ed\u671f\u306e\u671f\u5f85\u306f\u5c40\u9762\u306e\u5224\u65ad\u306b\u3001\u9577\u671f\u306e\u671f\u5f85\u306f\u30c8\u30ec\u30f3\u30c9\u306b\u57fa\u3065\u304f<\/li>\n<\/ul>\n<h3>LOS 7\uff1a\u30a4\u30f3\u30d5\u30ec\u3068\u666f\u6c17\u5faa\u74b0\u30fb\u8cc7\u7523\u30ea\u30bf\u30fc\u30f3<\/h3>\n<p>\u30a4\u30f3\u30d5\u30ec\u306f\u666f\u6c17\u5faa\u74b0\u306b\u9045\u308c\u3066\u52d5\u304f\u50be\u5411\u304c\u3042\u308a\u3001\u666f\u6c17\u62e1\u5927\u5f8c\u671f\u306b\u4e0a\u6607\u3001\u666f\u6c17\u5f8c\u9000\u5f8c\u306b\u4f4e\u4e0b\u3057\u3084\u3059\u304f\u306a\u308a\u307e\u3059\u3002\u30a4\u30f3\u30d5\u30ec\u306e\u52d5\u5411\u306f<strong>\u73fe\u91d1\u30fb\u50b5\u5238\u30fb\u682a\u5f0f\u30fb\u4e0d\u52d5\u7523<\/strong>\u306e\u30ea\u30bf\u30fc\u30f3\u306b\u7570\u306a\u308b\u5f71\u97ff\u3092\u4e0e\u3048\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u73fe\u91d1\uff1a\u77ed\u671f\u91d1\u5229\u304c\u30a4\u30f3\u30d5\u30ec\u306b\u8ffd\u968f\u3059\u308b\u305f\u3081\u3001\u30a4\u30f3\u30d5\u30ec\u4e0a\u6607\u6642\u3082\u6bd4\u8f03\u7684\u6709\u5229<\/li>\n<li>\u50b5\u5238\uff1a\u4e88\u60f3\u5916\u306e\u30a4\u30f3\u30d5\u30ec\u4e0a\u6607\u306f\u91d1\u5229\u4e0a\u6607\u3092\u901a\u3058\u3066\u4e0d\u5229<\/li>\n<li>\u682a\u5f0f\uff1a\u4e88\u60f3\u306e\u7bc4\u56f2\u5185\u306e\u30a4\u30f3\u30d5\u30ec\u3067\u306f\u30d7\u30e9\u30b9\u3001\u4e88\u60f3\u3092\u4e0a\u56de\u308b\u30a4\u30f3\u30d5\u30ec\u3084\u30c7\u30d5\u30ec\u306f\u30de\u30a4\u30ca\u30b9<\/li>\n<li>\u4e0d\u52d5\u7523\uff1a\u4e88\u60f3\u3092\u4e0a\u56de\u308b\u30a4\u30f3\u30d5\u30ec\u3067\u306f\u8cc3\u6599\u30fb\u7269\u4ef6\u4fa1\u5024\u306e\u4e0a\u6607\u3067\u30d7\u30e9\u30b9\u306b\u306a\u308a\u3084\u3059\u304f\u3001\u30c7\u30d5\u30ec\u306f\u30de\u30a4\u30ca\u30b9<\/li>\n<li>\u30c7\u30d5\u30ec\u306f\u30ec\u30d0\u30ec\u30c3\u30b8\u306e\u5b9f\u8cea\u8ca0\u62c5\u3092\u5897\u3084\u3059<\/li>\n<\/ul>\n<h3>LOS 8\uff1a\u91d1\u878d\u653f\u7b56\u30fb\u8ca1\u653f\u653f\u7b56\u3068\u666f\u6c17\u5faa\u74b0<\/h3>\n<p>\u4e2d\u592e\u9280\u884c\u306f\u653f\u7b56\u91d1\u5229\u3092\u8abf\u6574\u3057\u3066\u666f\u6c17\u5faa\u74b0\u3092\u5e73\u6e96\u5316\u3057\u307e\u3059\u3002\u8ca1\u653f\u653f\u7b56\u306f\u653f\u5e9c\u652f\u51fa\u3084\u7a0e\u3092\u901a\u3058\u3066\u9700\u8981\u306b\u5f71\u97ff\u3057\u3001<strong>\u5909\u5316\u306e\u65b9\u5411<\/strong>\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n<ul>\n<li>\u30c6\u30a4\u30e9\u30fc\u30fb\u30eb\u30fc\u30eb\u3067\u653f\u7b56\u91d1\u5229\u306e\u76ee\u5b89\u3092\u628a\u63e1<\/li>\n<li>\u30bc\u30ed\u91d1\u5229\u30fb\u30de\u30a4\u30ca\u30b9\u91d1\u5229\u4e0b\u3067\u306f\u91cf\u7684\u7de9\u548c\u306a\u3069\u306e\u975e\u4f1d\u7d71\u7684\u624b\u6bb5<\/li>\n<li>\u8ca1\u653f\u653f\u7b56\u306f\u666f\u6c17\u5faa\u74b0\u8abf\u6574\u5f8c\u306e\u8ca1\u653f\u53ce\u652f\u306e\u5909\u5316\u3067\u8a55\u4fa1<\/li>\n<li>\u91d1\u878d\u653f\u7b56\u3068\u8ca1\u653f\u653f\u7b56\u306e\u7d44\u5408\u305b\u304c\u30a4\u30fc\u30eb\u30c9\u30ab\u30fc\u30d6\u306e\u5f62\u72b6\u306b\u5f71\u97ff<\/li>\n<\/ul>\n<div class=\"cfalm-f\">i* \uff1d r_neutral \uff0b \u03c0_e \uff0b 0.5 \u00d7\uff08\u0176 \u2212 \u0176_trend\uff09\uff0b 0.5 \u00d7\uff08\u03c0_e \u2212 \u03c0_target\uff09<\/div>\n<h3>LOS 9\uff1a\u30a4\u30fc\u30eb\u30c9\u30ab\u30fc\u30d6\u306e\u5f62\u72b6\u3068\u653f\u7b56<\/h3>\n<p>\u30a4\u30fc\u30eb\u30c9\u30ab\u30fc\u30d6\u306e\u50be\u304d\u306f<strong>\u666f\u6c17\u306e\u5148\u884c\u6307\u6a19<\/strong>\u3068\u3057\u3066\u6709\u7528\u3067\u3001<strong>\u9006\u30a4\u30fc\u30eb\u30c9<\/strong>\u306f\u666f\u6c17\u5f8c\u9000\u306b\u5148\u884c\u3059\u308b\u50be\u5411\u304c\u3042\u308a\u307e\u3059\u3002\u30ab\u30fc\u30d6\u306e\u5f62\u72b6\u306f\u91d1\u878d\u653f\u7b56\u3068\u8ca1\u653f\u653f\u7b56\u306e\u7d44\u5408\u305b\u3092\u53cd\u6620\u3057\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u91d1\u878d\u7de9\u548c \uff0b \u8ca1\u653f\u62e1\u5f35\uff1a\u30ab\u30fc\u30d6\u304c\u975e\u5e38\u306b\u6025\uff08\u30b9\u30c6\u30a3\u30fc\u30d7\uff09<\/li>\n<li>\u91d1\u878d\u5f15\u304d\u7de0\u3081 \uff0b \u8ca1\u653f\u7dca\u7e2e\uff1a\u30ab\u30fc\u30d6\u304c\u9006\u8ee2\uff08\u30a4\u30f3\u30d0\u30fc\u30c8\uff09<\/li>\n<li>\u91d1\u878d\u5f15\u304d\u7de0\u3081 \uff0b \u8ca1\u653f\u62e1\u5f35\uff1a\u30ab\u30fc\u30d6\u306f\u5e73\u5766<\/li>\n<li>\u91d1\u878d\u7de9\u548c \uff0b \u8ca1\u653f\u7dca\u7e2e\uff1a\u30ab\u30fc\u30d6\u306f\u4e2d\u7a0b\u5ea6\u306b\u53f3\u4e0a\u304c\u308a<\/li>\n<li>\u9006\u30a4\u30fc\u30eb\u30c9\u306f\u666f\u6c17\u5f8c\u9000\u306e\u4e88\u5146\u3068\u3055\u308c\u308b<\/li>\n<\/ul>\n<h3>LOS 10\uff1a\u7d4c\u6e08\u9593\u306e\u9023\u95a2<\/h3>\n<p>\u5404\u56fd\u306e\u7d4c\u6e08\u306f<strong>\u8cbf\u6613<\/strong>\u3068<strong>\u8cc7\u672c\u79fb\u52d5<\/strong>\u3092\u901a\u3058\u3066\u7d50\u3073\u3064\u3044\u3066\u304a\u308a\u3001\u91d1\u5229\u3084\u70ba\u66ff\u30ec\u30fc\u30c8\u306b\u3082\u9023\u95a2\u304c\u751f\u3058\u307e\u3059\u3002\u5c0f\u56fd\u30fb\u958b\u653e\u7d4c\u6e08\u307b\u3069\u4ed6\u56fd\u306e\u5f71\u97ff\u3092\u53d7\u3051\u3084\u3059\u304f\u306a\u308a\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u30de\u30af\u30ed\u7d4c\u6e08\u306e\u9023\u95a2\uff1a\u8cbf\u6613\u3068\u8cc7\u672c\u79fb\u52d5\u3001\u7d4c\u5e38\u53ce\u652f\u3068\u8cc7\u672c\u53ce\u652f<\/li>\n<li>\u70ba\u66ff\u30ec\u30fc\u30c8\u306e\u9023\u95a2\uff1a\u56fa\u5b9a\u76f8\u5834\u3084\u30da\u30c3\u30b0\u3067\u306f\u91d1\u5229\u304c\u9023\u52d5\u3057\u3001\u70ba\u66ff\u30ea\u30b9\u30af\u30fb\u30d7\u30ec\u30df\u30a2\u30e0\u304c\u751f\u3058\u308b<\/li>\n<li>\u91d1\u5229\u306e\u9023\u95a2\uff1a\u8cc7\u672c\u79fb\u52d5\u304c\u81ea\u7531\u306a\u7d4c\u6e08\u9593\u3067\u306f\u50b5\u5238\u5229\u56de\u308a\u304c\u9023\u52d5\u3057\u3084\u3059\u3044<\/li>\n<li>\u5b9f\u8cea\u91d1\u5229\u5dee\u3084\u6210\u9577\u7387\u306e\u5dee\u304c\u8cc7\u672c\u79fb\u52d5\u3068\u70ba\u66ff\u3092\u52d5\u304b\u3059<\/li>\n<\/ul>\n<h2>\u52b9\u7387\u3088\u304f\u5b66\u3076\u306b\u306f FA-Academy<\/h2>\n<p>CFA\u00ae\ufe0e\u306e\u5354\u4f1a\u30c6\u30ad\u30b9\u30c8\u306f\u82f1\u8a9e\u3067\u5206\u91cf\u3082\u591a\u304f\u30011\u3064\u3072\u3068\u3064\u306e\u5358\u5143\u3092\u82f1\u8a9e\u3060\u3051\u3067\u7406\u89e3\u3057\u3066\u3044\u304f\u306e\u306f\u5927\u304d\u306a\u8ca0\u62c5\u3067\u3059\u3002<\/p>\n<p>FA-Academy\uff08Financial Analyst Academy\uff09\u306f\u3001<strong>\u65e5\u672c\u8a9e\u3067\u5b66\u3079\u308b\u6570\u5c11\u306a\u3044CFA\u00ae\ufe0e\u8a66\u9a13\u30b5\u30dd\u30fc\u30c8<\/strong>\u3067\u3059\u3002\u3053\u308c\u307e\u3067 Level 1 \u304b\u3089 Level 3 \u307e\u3067\u591a\u304f\u306e\u5408\u683c\u8005\u3092\u8f29\u51fa\u3057\u3066\u304a\u308a\u3001\u5408\u683c\u8005\u306e\u65b9\u3005\u3068\u306e\u5bfe\u8ac7\u3082\u6570\u591a\u304f\u516c\u958b\u3057\u3066\u3044\u307e\u3059\u3002\u3069\u3093\u306a\u65b9\u304c\u3001\u3069\u306e\u3088\u3046\u306b\u5408\u683c\u3055\u308c\u305f\u306e\u304b\u306f<a href=\"https:\/\/triumphmind.com\/cfa\/category\/gokaku\/\" target=\"_blank\" rel=\"noopener\">\u5408\u683c\u8005\u5bfe\u8ac7\u30fb\u5408\u683c\u4f53\u9a13\u8ac7\u306e\u4e00\u89a7<\/a>\u304b\u3089\u3054\u89a7\u3044\u305f\u3060\u3051\u307e\u3059\u3002<\/p>\n<ul>\n<li><a href=\"https:\/\/triumphmind.com\/cfa\/level3-mail\/\" target=\"_blank\" rel=\"noopener\">Level 3 \u65e5\u672c\u8a9e\u8981\u70b9\u96c6\u306e\u7121\u6599\u30b5\u30f3\u30d7\u30eb\u3092\u53d7\u3051\u53d6\u308b\uff087\u65e5\u9593\u30e1\u30fc\u30eb\u8b1b\u5ea7\uff09<\/a><\/li>\n<li><a href=\"https:\/\/timerex.net\/s\/cfa.tips.slack_2a23\/e72e883e\/\" target=\"_blank\" rel=\"noopener\">\u7121\u6599\u500b\u5225\u9762\u8ac7\u3092\u4e88\u7d04\u3059\u308b\uff08\u5b66\u7fd2\u8a08\u753b\u306e\u3054\u76f8\u8ac7\uff09<\/a><\/li>\n<li><a href=\"https:\/\/triumphmind.com\/cfa\/course\/\" target=\"_blank\" rel=\"noopener\">\u53d7\u8b1b\u6848\u5185\uff08\u30b3\u30fc\u30b9\u4e00\u89a7\u30fb\u53d7\u8b1b\u6599\uff09\u3092\u898b\u308b<\/a><\/li>\n<\/ul>\n<div class=\"cfalm-nav\">\u6b21\u306e\u5358\u5143\uff1a<a href=\"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l3-aa-lm2\/\">LM2 Capital Market Expectations, Part 2: Forecasting Asset Class Returns\uff08\u8cc7\u672c\u5e02\u5834\u671f\u5f85 Part 2\uff1a\u8cc7\u7523\u30af\u30e9\u30b9\u5225\u30ea\u30bf\u30fc\u30f3\u4e88\u6e2c\uff09<\/a><br \/>\n\u5168\u4f53\u306e\u76ee\u6b21\uff1a<a href=\"https:\/\/triumphmind.com\/cfa\/cfa-curriculum\/#l3-aa\">CFA\u00ae\ufe0e \u5b66\u7fd2\u5185\u5bb9\u306e\u76ee\u6b21\uff08Level 3 Asset Allocation\uff09<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CFA\u00ae\ufe0e Level 3 Asset Allocation LM1\u300cCapital Market Expectations, Part 1: Framework and Macro Considerations\uff08\u8cc7\u672c\u5e02\u5834\u671f\u5f85\uff1a\u67a0\u7d44\u307f\u3068\u30de\u30af\u30ed\u8981\u56e0\uff09\u300d\u306eLOS\uff08\u5b66\u7fd2\u76ee\u6a19\uff09\u3068\u91cd\u8981\u8ad6\u70b9\u3092\u3001\u6700\u65b0\u7248\u30ab\u30ea\u30ad\u30e5\u30e9\u30e0\u306b\u57fa\u3065\u3044\u3066\u65e5\u672c\u8a9e\u3067\u6574\u7406\u3057\u307e\u3057\u305f\u3002<\/p>\n","protected":false},"author":1,"featured_media":11215,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jin_ogp_image_url":"","_jin_last_featured_id":0,"footnotes":""},"categories":[100],"tags":[],"class_list":["post-10869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-level3-topics"],"_links":{"self":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/10869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/comments?post=10869"}],"version-history":[{"count":1,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/10869\/revisions"}],"predecessor-version":[{"id":11042,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/10869\/revisions\/11042"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/media\/11215"}],"wp:attachment":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/media?parent=10869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/categories?post=10869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/tags?post=10869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}