It could take years, or it might be back in 6 months. It is impossible to know. After the crash in 1929 it took many years. The Watergate era crash also took years. If you adjust for inflation it was several years-- over 10 I think. We could go into a very bad recession. No one knows.
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My only observation is that somehow, the market always bounces back.
It's just how economics works.
What I mean to say is the no matter how many times the market crashes. Eventually, we still end up hitting the highest highs that the market has ever reached before--may take months or years, but it will happen. Investors know that.
When I say investors, I am referring to the ones that they care about, the top dollar venture capitalist, millionaire/billionaire types.
They've made their fortunes on economic downturns. Buying low, selling high.
Regular folks need better security than market-based retirement funds.
The uncertainty is a knock-on bad effect that all by itself will drag things lower.
The alternative is the end of the stock market, which is not happening.
We've been under worse conditions than now. I won't exaggerate that fact.
The other truth is that this will all be horrible for consumers in the meantime.
Without money, they lose their power.
They will not sit back and watch all of their investments/financial security get vaporized by a [currently] term-limited leader, especially with big donors on their backs.