.The US sells are actually proceeding their downtrend with the Dow currently down 700 factors or 1.70%. All the Dow 30 stocks are lesser. The S&P index is down -88 factors or even -1.60% at 5408.87. That is actually receiving closer to this one hundred day relocating average of 5391.77. The rate technique below its one hundred day moving normal back on August 5 (the day the Nikkei dropped -12.4%). The cost shut back above that moving ordinary amount on August 8. What are some catalysts: The dispute leads angle toward Kamala Harris. The markets are actually afraid although the policies she points out are actually much less arming than Pres. Biden. The corporate tax obligation fee is actually assumed to relocate greater. The babble about resources increases taxes enhancing for those creating much more than 1M per year. Primary rising cost of living was still higher with sanctuary continuing to be a complication. China weak.The Fed cutting by 50 bps is off the table. Perception of slower United States growth ahead of time. Geopolitical threats remainPostives: Oil prices are actually lower.Yields are actually reduced which lowers mortgage loan ratesThe securities market flourished under Biden too. Preliminary unemployed insurance claims are actually not indicating an economic crisis. Real regular incomes climbed which indicates productivity increases.This write-up was composed through Greg Michalowski at www.forexlive.com.