After a year that saw the return of volatility, an ever-escalating trade war between the world's two largest economies, a massive dose of fiscal stimulus, and an extension of the near-record bull run, the consensus is gradually turning bearish.
Given these factors, investors are being advised to carve out positions in assets that have not been stars of the nearly 10-year bull market, such as cash and value stocks. Moreover, these assets will come in handy if volatility remains high and economic growth slows down next year, as is widely expected.
We've rounded up these recommendations and other investing tips for navigating the stock market in 2019 from the chief equity strategists at top Wall Street firms.