DW8 Growth, page-12049

FYI - just have to ride it out. Look at the one year gains after a correction apart from a few years in 2007/08.




Rising yields are weighing on yield-sensitive tech stocks and growth-themed areas of the market as a rapid rise in interest rates makes their future cash flows less valuable, and in turn makes the popular stocks appear overvalued, and that is causing a broad recalibration of the tech and tech-related shares that populate the Nasdaq.

The index has registered a correction 65 times (not including Wednesday’s) since it was launched in 1971, and of those corrections, 24 of them, or 37%, have resulted in bear markets, or declines of at least 20% from a recent peak, according to Dow Jones Market Data.