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Dow crashes despite debt ceiling deal

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Dow crashes despite debt ceiling deal

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http://www.nma.tv After intense last-minute wrangling, President Obama and Congress finally approved a deal to raise the debt ceiling. But instead of celebrating, markets reacted negatively with the Dow shedding more than 500 points. Obama has argued that he inherited a bad economy. But three years in, he now has to start owning the economic situation. With the US and global economy full of uncertainty, investors can't seem to find a safe haven for their money. Will all this economic disaster put a damper on Obama's 50th birthday party?