August 8th, 2011

CNN’s Richard Quest on U.S. debt crisis

CNN’s foremost international business correspondent Richard Quest is covering the U.S. debt crisis – and how it’s impacting markets around the world – live from Wall Street today.

Quest tells CNN’s Brooke Baldwin: “What we are seeing today is not rational. We’re no worse off today than we were on Thursday or Friday. It’s just a day when fear grips the market and the cycle begins and that’s what happened.”