President Donald Trump said on Friday the US was in a "transition period" and was going to do "fantastically" while downplaying the impact that any short-term recession may have.
When asked during an interview with NBC News whether it would be OK to have a recession in the short term, Trump said: "Look, yeah, it's — everything's OK. What we are — I said, this is a transition period. I think we're going to do fantastically."