.The United States supplies are continuing their downtrend with the Dow now down 700 points or 1.70%. All the Dow 30 sells are lower. The S&P mark is down -88 aspects or even -1.60% at 5408.87. That is obtaining closer to this one hundred time moving standard of 5391.77. The cost action below its 100 time relocating average back on August 5 (the day the Nikkei dropped -12.4%). The rate closed back above that moving common level on August 8. What are actually some catalysts: The debate results tilt toward Kamala Harris. The markets are afraid although the plans she mentions are much less arming than Pres. Biden. The corporate income tax rate is assumed to relocate higher. The babble regarding funds gains taxes improving for those making more than 1M per year. Core rising cost of living was still higher along with shelter remaining to be a complication. China weak.The Fed cutting by 50 bps gets out the table. Belief of slower United States growth ahead. Geopolitical risks remainPostives: Oil costs are lower.Yields are actually lesser which reduces home loan ratesThe stock exchange did well under Biden also. Preliminary out of work cases are actually certainly not leading to a recession. True every week profits increased which suggests productivity increases.This article was actually written by Greg Michalowski at www.forexlive.com.