>>And then it will go back up, like it always has.<<
Yup.
On a side note, the stock market returned to it's 1929 peak in about 1954. ;)
On a side note, the stock market returned to it's 1929 peak in about 1954.
All this after a worldwide depression and a world war. Not bad, in fact, pretty good.
What cost $1000 in 1929 would cost $1564.82 in 1954. http://www.westegg.com/inflation/infl.cgi