.The US stocks are continuing their decline along with the Dow currently down 700 aspects or even 1.70%. All the Dow 30 sells are actually lower. The S&P index is actually down -88 factors or -1.60% at 5408.87. That is actually getting closer to this 100 time relocating standard of 5391.77. The cost action listed below its own 100 time relocating ordinary back on August 5 (the time the Nikkei dropped -12.4%). The cost closed back above that relocating typical level on August 8. What are some catalysts: The controversy results tilt toward Kamala Harris. The market places are scared although the plans she presents are much less arming than Pres. Biden. The business tax obligation fee is expected to move higher. The chatter concerning funds increases income taxes increasing for those bring in greater than 1M each year. Center inflation was still higher with sanctuary continuing to be actually a problem. China weak.The Fed cutting through 50 bps is off the desk. Viewpoint of slower US growth ahead. Geopolitical threats remainPostives: Oil prices are actually lower.Yields are actually lesser which lowers mortgage loan ratesThe stock exchange did well under Biden also. Initial unemployed cases are not suggesting a recession. Genuine weekly profits rose which leads to productivity increases.This post was actually written by Greg Michalowski at www.forexlive.com.