The stock market swung dramatically up and down on Wednesday, ending about where it started the day — after record losses earlier in the week. President Trump's top economic adviser says it's important to keep the volatility in context. "The fact is that the fundamentals for the economy are very sound," Kevin Hassett says in an interview with NPR. "Wages are going up a lot. Even in the employment report that came out last week, we saw the highest rate of wage growth in about a decade." He says the recent volatility is "not related to the fundamentals, which as the president notes , are very strong." Interview Highlights On whether the stock market turmoil was predictable There have been times when we're pretty close to a recent recession where when we get positive job news, it's a real positive. There have been other times where we're as advanced as we are now into a recovery and when we get lots of positive news, like we're seeing, it's viewed by markets as good news as well, because
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