In a recent interview, U.S. President Trump highlighted the potential for **economic upheaval** in 2023, asserting that a **recession** cannot be entirely dismissed. He emphasized the need for a **robust economic strategy** that, while it may induce short-term challenges, aims to foster long-term **prosperity**. Trump’s comments were made during a segment on Fox News’ “Sunday Morning Futures,” where he stated, “I hate predicting things like this. There is a transition period because what we are doing is so big.” This sentiment reflects growing concerns about the **economy’s resilience** as broader shifts in policy start to take effect.
Contrastingly, U.S. Commerce Secretary Lutnick confidently declared that a contraction is not in the cards, dismissing recession fears during his appearance on NBC News’ “Meet the Press.” Lutnick noted, “The U.S. will not experience an economic recession,” highlighting that since the pandemic’s onset in 2020, the economy has remained **stable**. Such contrasting views underscore the complexities and uncertainties in the **current economic landscape**, meriting close observation from investors and policymakers alike.