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Analyst tells CNBC: Recession will hit US several months before 2020 election

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An analyst told CNBC on Monday that a recession is likely to hit the U.S. just months before the 2020 election.

“The inversion of the yield curve is a great signal that a recession is coming,” Guy Lebas of Janney Capital Management explained. “Recessions by their nature are impossible to predict with any confidence but we have a few clues.”

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Lebas pointed to corporate capital expenditure plans as a sign of economic stress.

“They are hinting somewhere in the early to mid portion of 2020,” he said of a possible recession.

Watch the video below from CNBC.

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Former FBI agent explains why Trump just opened himself to more legal problems

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Former FBI agent Asha Rangappa explained that the recent revelations that President Donald Trump made a promise to a foreign leader that made an intelligence official uncomfortable enough to declare themselves a whistleblower.

Rangapp explained that the President has a fairly wide latitude to conduct foreign affairs as he sees fit. But "when it comes to the 'outside world,' the President represents the sovereign: He is basically the voice of the United States and can negotiate with world leaders on its behalf."

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Canada’s Trudeau admits to racist ‘brownface’ makeup in high school Halloween costume

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Canada's Prime Minister Justin Trudeau apologized Wednesday for wearing brownface makeup to a party 18 years ago, as he scrambled to get on top of a fresh blow to a re-election campaign dogged by controversy.

Time magazine published the photograph one week into a federal election campaign with Trudeau's Liberal Party in a tight contest against the Conservatives led by Andrew Scheer.

Trudeau, 47, whose party won a landslide victory in 2015, has already been under attack for an ethics lapse and other controversies.

The black-and-white photograph shows Trudeau, then 29, wearing a turban and robes with his face, neck and hands darkened at a gala party in 2001.

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A veteran teacher explains why Trump is incapable of learning

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While dyslexia has been mentioned now and then as one of the reasons Donald Trump is so ignorant of what it takes to govern in a free society, I want to explore it as foundational to his inability to learn and grow while in office—and also as a way to link disparate troubling elements in his makeup.

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