Economy Watch Weekly with Dees Stribling

For the week ending July 29, while Congress continued to dither over the debt crisis, equity markets acted nervous and bond markets showed a steady hand; U.S. GDP projections have been revised downward; and the housing market at least isn't sinking.

For the week ending July 29, while Congress continued to dither over the debt crisis, equity markets acted nervous and bond markets showed a steady hand; U.S. GDP projects have been revised downward; and the housing market at least isn’t sinking.