HONG KONG — Investors hoping for a fresh start in 2019 could be in for a disappointment. Investors had been looking for a respite from last year, when markets in the United States fell more than 6 percent and many global indexes fell by more. Slowing global economic growth, higher interest rates in the United States, the simmering trade war between Washington and Beijing and rising uncertainty in the American political scene all soured investors. Bad economic news from China set the tone for Asia, where stocks fell on every major stock exchange that was open. The dour numbers indicate that the trade war between China and the United States was beginning to weigh on the Chinese manufacturing sector.
Source: New York Times January 02, 2019 10:04 UTC