The slump in local stocks this week to a level last seen in December 2011 may be a foretaste of what is to come. Unlike in 2018, exhausted investors are facing a slew of policy and economic headwinds.

The slump in local stocks this week to a level last seen in December 2011 may be a foretaste of what is to come. Unlike in 2018, exhausted investors are facing a slew of policy and economic headwinds.