Mnuchin negative on Pelosi deal. Dow down 200 points

WASHINGTON – Traders and investors have optimistically pinned their hopes this week on some kind of new stimulus bill from The Swamp. But Treasury Secretary Steve Mnuchin has just poured cold water on the optimists. It’s clearer still that no deal, other than one that gives House Speaker Nancy “President-elect” Pelosi 99% of what she demands, is going to happen prior to November 4. That’s how you define a Pelosi deal.Markets have consistently traded on rumor all year, and this morning was no exception. That’s because, after a brief ray of sunshine Wednesday morning, investors got word on the l…

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