CNN CNN Newsroom August 18, 2011
overnight. this morning, new measures of the economy is adding to all of the gloom. christine romans, part of our money team, joining us once again from new york. where do things stand now? >> reporter: we have been watching this unravelal the past four hours or so. morgan stanley come out with a global note cutting its global growth forecast and saying the u.s., the world is dangerously close to recession quite frankly and naming a couple of different reasons why they think that global growth will not be as strong as they thought. among them, europe's debt problems and also mentioni...
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