U.S. Commerce Secretary Ross downplays fears of recession

FILE PHOTO: U.S. Commerce Secretary Wilbur Ross speaks during a 17th Latin American Leadership Forum in Brasilia, Brazil August 1, 2019. REUTERS/Adriano Machado/File Photo

WASHINGTON - U.S. Commerce Secretary Wilbur Ross on Monday added to a chorus of presidential officials downplaying concerns over a looming recession after the U.S. Treasury yield curve temporarily inverted last week for the first time in 12 years. “Eventually there’ll be a recession but this inversion is not as reliable, in my view, as people think,” Ross said in an interview with Fox Business Network.Our Standards:

Exactly - that is their personal recession caused by imbalance between Chinese, EU, Japanese & American trade; extended & ramped up by the trade war to end it. Carry on Mr Trump - no other American president had the balls to take the to task!

Oh sure, like I would believe anything this out-of-touch fossil has to say.

Was he awake?

Our economy is booming, but Dems sure want a recession. Just remember that in 2020. WalkAway

He's an old crooked fool. Another in Trump's swamp!

Uh-huh. Cause he's trustworthy.

As much as I wish the TrumpRecession wasn't happening, when it does happen (and it will), I can't wait to see a bunch of meteorologists from the NOAA and the National Weather Service break down the door to his office with him in it, and kick his ass by throwing soup cans at him!

It's time for Ross to go into hibernation till 2020.

Trumps record in bankruptcy = certain depression 🤡

TrumpRecession

This guy is my NYC neighbor. Pray for me. 🤓😩😤

If the Trump talking heads are spewing this rhetoric then we're 100% heading into a serious recession.

is he sleepy or what?!!

Don't believe them. These are the same people that want to buy Greenland.

I smell bs plenty of it ....and it’s coming straight out of the White House .

Ohhh...nap time must be over!!

He must have been asleep in the meeting it was discussed

While cleaning up his investments portfolio insider stockstowatch

Commerce Secretary Ross downplays rumors that he is actually played by Andy Serkis body-capture performance.

Go back to your nap...

And what a dutiful little soldier.....

Nothing coming out of this administration can be trusted

Of course he doesn’t have fears, he has more money than god and stole much of it from his business partners.

SecretaryRoss

Wilbur Ross aka the 'King of Bankruptcy' 😅

Recessions don’t affect the top 1% as much.

I don't think he's physically capable of up-playing. ..dude is a relic.

2 Things: A). We're on the path to a recession and terrible ideas like a trade war with China only add to global uncertainties. B). You gotta back up on Wilbur Ross. None of us should have to look that closely at him... recession TrumpRecession

TrumpRecession is coming and Trump knows it and fears it so he does what he always does. Lies and gets his administration lie for him. TrumpLiesEveryTimeHeSpeaks

He was awake long enough to mumble that?

Trump administration think they can fool the American people. Sad.

Of course he does. It’s his job to spread bad information to keep the minions bedazzled. Such crap

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