CNNW The Situation Room With Wolf Blitzer September 22, 2011
economic forecast. let's get to alison kosik. she's monitoring everything today where at one point today, the dow tanked morning 500 points. what's going on? >> that's right. these worries about a recession were ampfullied today. not just in the u.s., but overseas as well. the federal reserve spooked everybody first. this was yesterday. the fed giving a really bleak assessment of the u.s. economy warning of significant downside risks to the economic outlook. translation there that the economy will get significantly weaker. then overnight, we got weak manufacturing reports out of euro...
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