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Thursday, 06/17/2021 2:09:10 PM

Thursday, June 17, 2021 2:09:10 PM

Post# of 3196
Question for seasoned investors.
I keep hearing bad thing about the economy, inflation, shortages, potential raising of interest rates, leading to a crashed stock market.
My dumb question is, if the market loses 10,20,30, or 40% for example, are all stocks effected?
In case case like the above, is pharma/biotech safer in general, or is nothing safe?
I am down like 39% in ACAD now and have been a long-term holder and have no plans to sell now, but just wondered if I should get rid of my other stocks or move into a safer sector in the market?
What are the general thoughts out there? Market crash yay or nay?
Is pharma/biotech safe in a market crash? Was pharma/biotech safe in the 2008 real estate/stock market crash?
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