.The US inventories are continuing their decrease with the Dow currently down 700 points or 1.70%. All the Dow 30 stocks are lower. The S&P mark is down -88 factors or even -1.60% at 5408.87. That is receiving closer to this one hundred time moving average of 5391.77. The cost technique below its own one hundred day moving common back on August 5 (the day the Nikkei dropped -12.4%). The price shut back above that moving common level on August 8. What are actually some stimulants: The discussion results slant towards Kamala Harris. The marketplaces are actually scared although the policies she presents are much less arming than Pres. Biden. The corporate tax rate is expected to relocate higher. The babble concerning financing increases tax obligations improving for those creating more than 1M yearly. Center inflation was actually still higher with home remaining to be actually an issue. China weak.The Fed cutting through fifty bps is off the table. Viewpoint of slower US development ahead of time. Geopolitical threats remainPostives: Oil costs are actually lower.Yields are actually lesser which lowers home loan ratesThe securities market prospered under Biden as well. Preliminary out of work claims are actually not suggesting an economic downturn. Actual once a week earnings increased which indicates performance gains.This post was created through Greg Michalowski at www.forexlive.com.