newly installedon a Macchecked for known offending fontstried "reset all tools" - that hangs as wellOS 10.14.3There are posts about this issue in various Adobe products going back to 2015. Kind of surprising that Adobe hasn't fixed this yet ... or maybe not.

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Question

Photoshop Elements 2019 hangs on selecting horizontal text tool

There are posts about this issue in various Adobe products going back to 2015. Kind of surprising that Adobe hasn't fixed this yet ... or maybe not.

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See if going to Adobe Photoshop Elements Editor>Preferences>Type and unchecking Font Preview Size makes any difference.