Trump, top officials play down recession risks

President Trump and two of his senior economic advisers on Sunday played down the risk of a recession after a tumultuous week in the markets suggested that the economy is heading onto shaky ground.

In an exchange with reporters in Morristown, N.J., shortly before taking off for Washington on Sunday evening, Trump dismissed the notion that the nation is headed toward a downturn, saying, “I don’t see a recession.”

“I mean, the world is in a recession right now — although that’s too big a statement,” he added, in a...