.The US inventories are continuing their downtrend along with the Dow now down 700 points or 1.70%. All the Dow 30 sells are lesser. The S&P mark is down -88 aspects or -1.60% at 5408.87. That is actually acquiring closer to this one hundred time moving average of 5391.77. The price step below its one hundred day relocating normal back on August 5 (the day the Nikkei fell -12.4%). The cost shut back above that moving common degree on August 8. What are some stimulants: The debate results slant towards Kamala Harris. The market places are actually scared although the plans she points out are actually much less arming than Pres. Biden. The corporate income tax cost is actually expected to relocate much higher. The chatter regarding funds increases taxes enhancing for those creating much more than 1M yearly. Primary inflation was still higher with shelter continuing to be a concern. China weak.The Fed cutting by 50 bps is off the desk. Assumption of slower US development ahead of time. Geopolitical dangers remainPostives: Oil prices are lower.Yields are reduced which lowers mortgage loan ratesThe securities market flourished under Biden as well. First out of work cases are actually certainly not suggesting an economic slump. Genuine regular profits rose which suggests productivity gains.This post was written by Greg Michalowski at www.forexlive.com.