WH Econ Adviser Hassett: Slowing of Chinese economy bad for profits of U.S. firms

Kevin Hassett, chair of the White House Council of Economic Advisers, recently crossed the wires with key quotes found below.

• Slowing of Chinese economy bad for profits of U.S. firms.
• U.S. economy carrying a lot of momentum, does not see a recession.
• China economy slowing, could be recession.
• Apple will do well once China-U.S. trade deal happens.