Up Close for August 14, 2011

David Novarro reports
August 14, 2011 9:41:30 AM PDT
All the ups and downs of the stock market have many of us feeling like we're riding a rollercoaster ride. This morning on Up Close, we're taking a look at the big economic picture and what we could expect in the coming days.

Also, Could the high anxiety on wall street and the credit downgrade of housing giants Fannie May and Freddie Mac force the housing market to take another dive?

We take a closer look today, on Up Close.