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CNNW CNN Newsroom August 18, 2011

>> hey, fredericka. the losses are holding steady. the dow down about 436 points. theyre off their lows of this session where we saw the dow down as much as 500 points. this is coming after morgan stanley kind of set off an alarm bell saying that the u.s. and europe are looking like theyre getting close to going into a recession. morgan stanley also downgrading its growth forecast globally for this year and next. also not helping we got a bunch of economic reports here in the u.s. one ...
U S Morgan Stanley Growth Forecast 3 5 Paul La Monica Sell Off

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