.The US stocks are actually continuing their decline with the Dow right now down 700 factors or 1.70%. All the Dow 30 sells are lesser. The S&P mark is actually down -88 factors or -1.60% at 5408.87. That is actually obtaining closer to this one hundred day relocating average of 5391.77. The rate step listed below its 100 day moving normal back on August 5 (the time the Nikkei dropped -12.4%). The cost closed back above that moving normal amount on August 8. What are actually some drivers: The discussion leads slant towards Kamala Harris. The market places are actually terrified although the plans she presents are actually much less arming than Pres. Biden. The business tax obligation price is actually assumed to move much higher. The chatter regarding funds increases taxes increasing for those creating 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 through 50 bps gets out the table. Assumption of slower US development ahead of time. Geopolitical risks remainPostives: Oil prices are actually lower.Yields are lower which reduces home mortgage ratesThe stock market did well under Biden as well. First jobless claims are actually certainly not indicating an economic crisis. Genuine regular incomes increased which points to productivity increases.This post was created by Greg Michalowski at www.forexlive.com.