.The United States stocks are continuing their downtrend along with the Dow currently down 700 factors or 1.70%. All the Dow 30 stocks are actually reduced. The S&P index is actually down -88 aspects or even -1.60% at 5408.87. That is acquiring closer to this 100 time moving standard of 5391.77. The rate relocation below its one hundred day relocating normal back on August 5 (the time the Nikkei fell -12.4%). The cost shut back above that relocating normal amount on August 8. What are actually some drivers: The argument leads tilt toward Kamala Harris. The market places are afraid although the policies she cites are actually much less arming than Pres. Biden. The company income tax rate is actually anticipated to move greater. The babble regarding capital increases taxes boosting for those creating more than 1M each year. Center inflation was actually still higher with sanctuary continuing to be a trouble. China weak.The Fed cutting by 50 bps gets out the table. Belief of slower United States development in advance. Geopolitical dangers remainPostives: Oil rates are lower.Yields are actually lower which lowers mortgage loan ratesThe securities market prospered under Biden too. First jobless insurance claims are actually not pointing to a downturn. Real weekly incomes increased which leads to productivity increases.This article was created by Greg Michalowski at www.forexlive.com.