Tepid Economy at Heart of Global Market Volatility

Aired: 8/3/2011 | 0:09:19 | Clip
At a cabinet meeting on Wednesday, President Obama said the debt deal had averted "a massive blow" to the economy, but it wound up being another rocky day for global markets. Jeffrey Brown discusses the latest on the markets and the economy with Liz Ann Sonders of Charles Schwab & Co. and PIMCO's Mohamed El-Erian.