The stock market is predicted to consistently trend upwards over decades, with short-term volatility being insignificant in the long-term view.
"when you zoom out and you look at the stock market over years and years, over decades, these months will look like little blips on the history of the stock market always going up. And we say this all the time because throughout the history of the stock market, throughout all the volatility, if you look at any chart of the stock market, it always goes in one direction and that is up."