.The US inventories are proceeding their downtrend with the Dow now down 700 factors or even 1.70%. All the Dow 30 sells are lower. The S&P mark is down -88 factors or -1.60% at 5408.87. That is actually receiving closer to this one hundred day moving average of 5391.77. The rate action below its 100 day moving normal back on August 5 (the time the Nikkei fell -12.4%). The cost closed back over that moving normal amount on August 8. What are actually some stimulants: The discussion leads angle toward Kamala Harris. The markets are actually frightened although the policies she cites are less arming than Pres. Biden. The business tax obligation cost is anticipated to relocate higher. The babble about funds gains taxes raising for those bring in more than 1M per year. Core rising cost of living was still high with home continuing to be a trouble. China weak.The Fed cutting by 50 bps gets out the desk. Impression of slower United States development ahead. Geopolitical risks remainPostives: Oil prices are lower.Yields are actually lower which lowers home loan ratesThe securities market did well under Biden also. Initial unemployed cases are certainly not indicating an economic slump. Real once a week revenues increased which indicates productivity gains.This post was created through Greg Michalowski at www.forexlive.com.