Trump predicts ‘spectacular’ rebound as economy plunges
By KEVIN FREKING and JILL COLVIN Associated Press
WASHINGTON (AP) — President Donald Trump said he’s anticipating a major economic rebound in the coming months and a “spectacular” 2021. While economists are warning of serious long-term damage as the country plunges into recession because of the coronavirus, Trump is predicting a strong fourth quarter thanks to pent-up demand. He says, “I think we can actually surpass where we were,” while allowing he was relying on his gut. Trump’s comments Thursday are the latest sign that he is trying to turn the page on the virus, even as the nation’s death toll continues to climb and jobless claims rise.