First, the conclusion: Last night, the Nasdaq fell 2.38% to 21,408, down more than 10% from its October high last year, officially entering correction territory (correction: a range where the index falls 10%-20% from its high, which is a standard Wall Street term and not as severe as a "bear market"). On the same day, the OECD revised its 2026 US inflation forecast directly from 2.8% to 4.2%—this means the "Fed rate cut rescue" that was hoped for in every previous major decline is very unlikely to come this time. If you hold US tech stocks, this article is worth reading before deciding on your next move. The term 'correction' sounds scary...