KPIX CBS Morning News August 8, 2011
it may not be armageddon but it sure feels like it, that's what one financial expert says it feels like the downgrade feels like it's having on stock markets around the world this morning. japan's nikkei dropped more than 2% this morning. charlie dagata is in london with the latest. good morning to you. >> reporter: good morning to you, terrell. european investors are bracing for another turbulent day on the markets as expected. britain, france, germany, all opened down this morning, following losses in the asian markets overnight. asian markets opened, teetered, then tumbled. japan'...