James McDonald James McDonald

Everyone is talking about it, and more and more investors are predicting it: the next recession. Most agree that it won’t look anything like the ruin of the 2008 financial crisis, rather that it will be a mild correction. But, what will catalyze the next economic event? There is less consensus in this category, but James McDonald, CEO and CIO of Hercules Investments, believes geo-political events will play a role.

“I think we’re most vulnerable to geo-political instability. There is a need for a trade deal with China, but we need to watch the protests in Hong Kong closely,” McDonald tells GlobeSt.com. “Political destabilization in Hong Kong could lead to an economic backlash that would potentially hit our bond and equity markets hard. Here in the states, if Trump lost the office due to scandal before the November 3, 2020 US Presidential election; or lost the election to a Candidate the market didn’t know or like, we could see a major stock market correction.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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