President Trump on Monday said the economy is "very strong, despite the horrendous lack of vision by Jay Powell and the Fed," but the White House is reportedly discussing whether to push for a temporary payroll tax cut as a way to stop an economic slowdown. The talks are still reportedly in their early stages and it's unclear if they'll take the cut to Congress. Last week was a turbulent one on Wall Street, with stocks and bonds going up and down and investors spooked by the first inverted yield curve in more than a decade, but Trump said "our consumers are rich. I gave a tremendous tax cut and they're loaded up with money." Larry Kudlow, Trump's top economic adviser, concurred. "No, I don't see a recession," Kudlow said. "We're doing pretty darn well."

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