President Joe Biden and the Democrats are trying to show their track record on markets and the economy in order to win the election.
Voters will look at Biden's performance on issues such as soaring prices at the pump, trade relations with China, and the impact of the war in Ukraine.
Three markets stories will be top of mind for the Democrats in the upcoming elections.
The price of gas went above $5 a gallon in June. They've fallen to $3.91 a gallon as of Thursday, but started rising again for the first time in 99 days last month.
Falling prices at the pump have brought relief to American drivers at a time when inflation is running red-hot.
—The White House (@WhiteHouse) August 11, 2022
In order to keep gas prices low, Biden pushed for an increase in crude production from the Organization of the Petroleum Exporting Countries. The group that counts Russia and Saudi Arabia among its most prominent members decided to cut its production by 2 million barrels a day.
Patrick DeHaan of GasBuddy said last week that prices could go up on the east and south coast.
Ahead of the elections, Biden cracked down on China.
The export controls were put in place last week to limit the sale of US technology to companies with special licenses.
After the announcement, Chinese chip stocks plummeted while US giants fell.
The Philadelphia Semiconductor Index, which tracks the 30 largest US chipmaker stocks, has fallen just under 50% this year, meaning it has been worse than the S&P 500.
Analysts warned that Biden's export controls could cause more sell-offs.
Bank of America said in a research note this week that the market is implying the last two years of growth were a mirage and need to be wiped clean.
As Biden looks to show he's cracking down on Moscow, Democrats could impose further sanctions against Russia.
According to sources, the Biden administration is considering limiting imports of Russian aluminum.
Having already banned imports of Russian oil and gas, that policy would aim to choke off another potential source of income.
The aluminum price went up 5.8% to $2,330 an ounce after the potential import ban was reported by the news agency.
Bidenshushes economists' warnings every six months.
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