Yep—the market comes back every time! Just ask those people who invested in the Nikkei in 1983 (back at the same level—non inflation adjusted)! Or those people who bought in at the DOW in 1929 or the Nasdaq in 99/00! We have several more years of this mess to sort out. Equities have at LEAST 30% more to drop—likely 50%. Heck, the S&P 500 is back to 1997 levels (non inflation adjusted) or a lot earlier if you adjust for inflation.
Yes, a bunch got wiped out in ‘29. A bunch of smart econ types try to prevent that from happening, but politics get in the way, I suppose that’s not news. My point is, there are bargains out there - don’t ask me exact stocks to buy, I wish I was that smart. But trends are your friends, etc.