.The US sells are proceeding their decline along with the Dow right now down 700 points or even 1.70%. All the Dow 30 sells are reduced. The S&P mark is down -88 aspects or -1.60% at 5408.87. That is actually getting closer to this one hundred day relocating average of 5391.77. The cost step below its own one hundred time moving common back on August 5 (the time the Nikkei dropped -12.4%). The cost shut back above that relocating typical degree on August 8. What are some catalysts: The debate results slant toward Kamala Harris. The market places are scared although the policies she cites are much less arming than Pres. Biden. The company tax fee is actually anticipated to move greater. The chatter about financing increases income taxes boosting for those making more than 1M yearly. Center rising cost of living was actually still higher with sanctuary continuing to be actually a problem. China weak.The Fed reducing by 50 bps gets out the table. Assumption of slower US development ahead of time. Geopolitical risks remainPostives: Oil costs are actually lower.Yields are actually reduced which lowers home mortgage ratesThe stock market prospered under Biden also. Initial unemployed insurance claims are actually not pointing to an economic crisis. Real every week earnings increased which indicates productivity increases.This post was actually created through Greg Michalowski at www.forexlive.com.