Trump's top economic advisers try to calm recession fears

Two of President Donald Trump’s top economic advisers sought to tamp down concerns Sunday that the U.S. may be sliding into a recession.

In appearances on the Sunday show circuit, White House trade adviser Peter Navarro and chief economic adviser Larry Kudlow rattled off a list of positive statistics about the economy under Trump.

“Before I came to the White House I spent a better part of 20 years forecasting the business cycle and stock market trends, and what I can tell you with certainty is that we're going to have a strong economy through 2020 and beyond with a bull market,“ Navarro said on “This Week“ on ABC.

Independent economists have been less optimistic, noting in particular the inversion of the Treasury yield curve — a pattern that has occurred before every recession since the 1950s.

Navarro addressed this, saying, “It's flat but not for bad reasons but for good reasons.“