re: Is everyone about to lose their shirt in this economic fallout?

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for months ppl have been saying get out of these stocks w ridiculous PE....or speculative with no product

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Exactly.
But, they were too smart for you!
Nothing against speculation, but you gotta know WTF you are doing. You gotta put in the research etc. Not just momentum trade etc.

I'm almost all chemicals, O&G , Mining, and utilities.
I don't know enough about tech to buy these tech companies at these crazy PEs.

In just the last year there was a point where Rivian was valued at more than GM and Ford combined.