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Trump economic point man downplays 'blips' as market plummets after president won't rule out recession

Source: nypost.com nypost.com
News Snapshot:

WASHINGTON — President Trump’s top White House economist downplayed Monday’s stock-market wipeout as “blips in the data” — one day after the commander in chief declined to rule out a possible recession as he slaps tariffs on America’s three leading trade partners. Trump remained out of public view Monday, in a rare departure from form — with all three of the events on his public schedule, including an afternoon meeting with technology CEOs, closed to the press as the Dow Jones Industrial Average fell more than 2% and the Nasdaq dropped 4% in its worst trading day since 2022. At…

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