.The US stocks are actually continuing their downtrend along with the Dow now down 700 aspects or even 1.70%. All the Dow 30 stocks are actually reduced. The S&P index is actually down -88 factors or -1.60% at 5408.87. That is actually getting closer to this one hundred time relocating standard of 5391.77. The cost move below its one hundred time moving ordinary back on August 5 (the time the Nikkei dropped -12.4%). The cost shut back over that relocating typical degree on August 8. What are actually some stimulants: The debate leads tilt toward Kamala Harris. The market places are actually frightened although the plans she mentions are less arming than Pres. Biden. The company tax obligation fee is actually anticipated to move greater. The chatter about capital gains taxes increasing for those making greater than 1M each year. Core rising cost of living was actually still high with home remaining to be a concern. China weak.The Fed cutting by fifty bps is off the desk. Assumption of slower US development ahead of time. Geopolitical threats remainPostives: Oil rates are actually lower.Yields are lower which lowers home mortgage ratesThe stock exchange succeeded under Biden too. Preliminary jobless cases are not leading to a downturn. Real regular incomes climbed which suggests efficiency gains.This write-up was actually created through Greg Michalowski at www.forexlive.com.