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Transcripts For CNNW Your Money 20111119

he has since recovered. time for your money. less than one year until the presidential election, where is the u.s. economy headed? i m christine romans. less than half of americans believe things will be going well in this country one year from today. even that faint hope appears ton on decline. the number of americans thinking things will get better has been steady dropping. no surprise as unemployment remains high and housing prices are not recovery and there s fear of another global recession. alexus glick, experienced on wall street and covering and will cain is the cnn contributor, cloudy with a chance of rain has been your forecast. anything to part the clouds? i don t think anything will part the clouds until europe clears up, which might be a while. we re in for stable slow growth but there s more risk. it became more difficult and expensive for spain to bore rerow money. there s potentially a funding problem in europe. explain why that is so important? europe

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