Powered by

Investors See Pitfalls in 2019 After a Plunge

Jan 02, 2019 - The New York Times
Financial Results

After an unexpectedly bad year for the stock market, investors are looking for clues about what 2019 will bring.

The hope on Wall Street is that the underlying economy of the United States is sound, that the recent selling will burn itself out and that stocks will resume their record-setting climb. But the risk is that the plunge, the worst annual decline in a decade, could be the start of something more sinister.

The forces that pushed the S&P 500 down 6.2 percent in 2018 are sti...