Wall Street warns of slower road ahead

Antelope Valley Press - - Business -

NEW YORK — Wall Street is telling in­vestors to ex­pect less from their in­vest­ments next year fol­low­ing a fab­u­lous 2019. It’s not be­cause Wall Street sees the econ­omy fall­ing into a re­ces­sion, at least not in 2020. It’s a sim­ple mat­ter of math. An­a­lysts say stocks and bonds don’t have as much room to rise af­ter their stel­lar 2019, when nearly ev­ery­thing rose in con­cert. Plus, one of the ma­jor rea­sons for the big gains this year can’t hap­pen again. The Fed­eral Re­serve has al­ready come to the res­cue once with a ma­jor about-face on in­ter­est rates.

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