Detailed text transcripts for TV channel - FOXNEWS - 20110808:15:02:00
Sign about not just the economy but the global economy, oil prices are plunging today. we are now looking at low prices for oil in the $83 range. it's now nearly $3. jenna and jon there is so much uncertainty building in the markets and traders fear that there could be more down grades in the future. jenna: let's talk a little bit about that. eric bolling will talk to us about some of the could mod today des. some thought we would see a downgrade of fanny mae and freddie mac. we have it this morning. any other down grades we should watch for? >> reporter: certainly you have to remember that th...