Touting the historic U.S.-China trade deal and the United States-Mexico-Canada Agreement (USMCA) signings, U.S. Commerce Secretary Wilbur Ross said President Trump has turned back any economic jitters for 2020.
"Whatever fears people might have had of a recession next year, forget it," Ross said. "I think that's almost mechanically impossible to have a recession next year."
However, Ross said there is one wild card in that equation: the Federal Reserve.
"If the Federal Reserve goes crazy and raises rates could be all bets are off," Ross said.