.The US sells are actually proceeding their downtrend with the Dow currently down 700 factors or 1.70%. All the Dow 30 stocks are lesser. The S&P mark is actually down -88 points or -1.60% at 5408.87. That is actually receiving closer to this one hundred day relocating average of 5391.77. The price action listed below its own one hundred day relocating common back on August 5 (the time the Nikkei dropped -12.4%). The cost shut back over that moving normal amount on August 8. What are actually some drivers: The controversy leads tilt towards Kamala Harris. The marketplaces are actually worried although the plans she cites are actually much less arming than Pres. Biden. The company income tax cost is anticipated to relocate much higher. The babble about financing increases taxes improving for those bring in more than 1M yearly. Primary rising cost of living was actually still high with home continuing to be a complication. China weak.The Fed reducing by fifty bps is off the table. Belief of slower US development ahead of time. Geopolitical threats remainPostives: Oil rates are lower.Yields are lesser which lowers home mortgage ratesThe securities market did well under Biden too. First unemployed claims are not leading to an economic slump. True every week earnings rose which suggests productivity gains.This article was written through Greg Michalowski at www.forexlive.com.