There's still a glimmer of hope because the recent major support levels have held.

The age of easy growth is over, which isn't necessarily bad news.

This week's letter is a wide-ranging interview with John Mauldin conducted by Kate Welling.

You will eventually hit a nasty drawdown that will tempt you to abandon your setup in pure disgust and frustration.

The Great Correction has a lot of work to do -- there are so many things that need correction. And it will take time to do it. Meanwhile, your goal as an investor is to lose less money than everyone else. He who loses least wins!

Panic stock market sell-offs set the stage for continued S&P weakness into what promises to be a critical week for the US dollar and broader financial markets.

In an unexpected burst of momentum in the final hours of trading this past Friday, the euro tumbled to the threshold of major support against its US and British counterparts.

The Japanese yen was one of the best performing currencies on the week, as expected given the continued global shift to risk-aversion.

The sterling continued to pare some of the steep declines seen early in the month with a weekly advance of nearly 1 percent against the greenback.

For the second straight week, the Canadian dollar was one of the worst performing currencies.