Everyone is talking about it, and more and more investors arepredicting it: the next recession. Most agree that it won't lookanything like the ruin of the 2008 financial crisis, rather that itwill be a mild correction. But, what will catalyze the nexteconomic event? There is less consensus in this category, butJames McDonald, CEO and CIO of HerculesInvestments, believes geo-political events will play arole.

"I think we're most vulnerable to geo-political instability.There is a need for a trade deal with China, but we need to watchthe protests in Hong Kong closely," McDonald tells GlobeSt.com."Political destabilization in Hong Kong could lead to an economicbacklash that would potentially hit our bond and equity marketshard. Here in the states, if Trump lost the office due to scandalbefore the November 3, 2020 US Presidential election; or lost theelection to a Candidate the market didn't know or like, we couldsee a major stock market correction."