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No...the ham handed response to this crisis will not roll off his back. And hate to say it but the economy is not going to recover from this in six months. We'll be lucky if we're still above water or ground in four months.
I'm honestly of two minds on that question. So much is going to be driven by the responses of the Governors, and the willingness to reopen economic activity. I could see this being a flash in the pan, or, if politicians get into a more-risk-adverse-than-thou competition... yeah, something more destructive.
Market was back up, what, a year and a half after the 2008 crash, though? As someone in his mid 30s, that's not so bad
