Why would you think stocks will go back up? The tariffs have proven that we are an unreliable trading partner, and countries are starting to look elsewhere. In addition, the outrage from abandoning our allies has caused a large part of the world to boycott our companies. I don’t see how things could possibly go back to what they were.
When I first moved in to my apartment, I became friends with one neighbor because I could hear him coughing through the wall and asked to buy some weed off him one day. He would occasionally ask me to take care of his dog when he was out of town. He has since moved and a nice old lady moved in. On the other side of my apartment is a special needs adult with care workers constantly coming and going, so not so much making friends anymore.
I’m not saying that the stock market will end. I’m saying that we will never be in as good of a position ever again. The post ww2 world order is being rewriten right now. We were at the top because we were more or less trustworthy and had significant influence throughout the world. We didn’t have much competition. Now that no one trusts us and our influence is being dismantled our trading partners will seek out our competitors or start their own industry creating even more competition. I hope I’m wrong, but i just don’t see how we will ever be trusted again.