The market will recover. The big question is how long
it will take to recover.
The good news, though, is that it will likely be less than a decade: it took a decade and a global conflict for the markets to recover from the crash of 1929; only a few after the 2008 housing bubble burst (it's eight years later, and housing prices in some areas have already returned to peak-bubble levels).
It is interesting to see a long-term graph of the stock market like this one
, but one has to keep in mind that those numbers don't show exactly how much a stock is worth in real terms. This article
has a pretty decent take on it, I think.
I am by no means an expert in finance. I'm just a blue-collar worker who may
may $100k in a year some time before I retire for good, and I have way too many people depending on my income.
... I just like history.