.The United States inventories are continuing their decrease with the Dow now down 700 aspects or 1.70%. All the Dow 30 stocks are lower. The S&P mark is down -88 aspects or -1.60% at 5408.87. That is actually receiving closer to this 100 time moving average of 5391.77. The rate move listed below its one hundred time moving typical back on August 5 (the day the Nikkei dropped -12.4%). The rate shut back over that relocating normal degree on August 8. What are actually some agitators: The controversy results slant toward Kamala Harris. The markets are terrified although the plans she mentions are actually less arming than Pres. Biden. The company tax fee is anticipated to relocate much higher. The chatter concerning funding increases taxes raising for those creating greater than 1M per year. Center rising cost of living was actually still high along with shelter continuing to be a trouble. China weak.The Fed cutting by fifty bps is off the table. Belief of slower US growth ahead of time. Geopolitical risks remainPostives: Oil prices are actually lower.Yields are actually reduced which reduces home mortgage ratesThe securities market succeeded under Biden too. First unemployment insurance claims are not leading to an economic slump. Genuine regular profits rose which indicates efficiency increases.This post was actually created by Greg Michalowski at www.forexlive.com.