To put things into perspective, the recent slowdown in global economic growth is small compared to previous downturns. More importantly, historically the U.S. stock market hasn't really cared about slowdowns in foreign economies. What matters is what the U.S. economy is doing right now. And U.S. economic growth remains decent right now, which is a medium-long term bullish factor for the stock market https://bullmarkets.co/study-slowing-economy-stocks/