No, according to the real world.

We may differ in our ideas about the threshold to healthiness in this case, though.


There's never everyone in the market a panicking chicken, nor is ever everyone misinformed. Bonds such as long-term business relationship with mutual trust as well as openness in regard to bookkeeping protect against stupidities.


The rotten apples suffer most, the healthy companies merely get scratched (if they become targeted at all, which is only probable if their whole sector is affected).