Finance

A Democratic sweep may not be so bad for stocks if it leads to a bigger stimulus, some traders say

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U.S. House Speaker Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) speak to reporters after their coronavirus relief negotiations with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows at the U.S. Capitol in Washington, U.S. August 7, 2020.

Jonathan Ernst | Reuters

The trading community is actively debating the effect of more fiscal stimulus on the economy and on the markets, but they sometimes seem to be talking about two different types of stimulus.

There is the one that would come from the negotiations currently underway between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin.

But there is another stimulus that is being…



Source cnbc.com

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