.The US inventories are actually proceeding their downtrend with the Dow now down 700 points or 1.70%. All the Dow 30 stocks are reduced. The S&P mark is down -88 aspects or even -1.60% at 5408.87. That is actually receiving closer to this 100 time relocating standard of 5391.77. The price step listed below its own one hundred time relocating average back on August 5 (the day the Nikkei dropped -12.4%). The price shut back over that moving average degree on August 8. What are actually some agitators: The dispute results tilt toward Kamala Harris. The market places are scared although the plans she cites are actually less arming than Pres. Biden. The corporate income tax cost is expected to move much higher. The chatter concerning funding increases income taxes boosting for those creating greater than 1M per year. Core rising cost of living was still high along with home continuing to be a trouble. China weak.The Fed reducing by 50 bps is off the table. Impression of slower US development in advance. Geopolitical threats remainPostives: Oil costs are actually lower.Yields are lower which reduces mortgage ratesThe securities market flourished under Biden too. First unemployment claims are actually not suggesting a financial crisis. Actual once a week profits increased which points to efficiency gains.This post was created by Greg Michalowski at www.forexlive.com.