Josh Brown, a financial adviser at Fusion Analytics, says despite months of poor economic reports, Wall Street hasn't declared another recession, and 'they never will until we're about halfway through' it.

Ellen Zentner, senior U.S. economist at Nomura Securities, says no one's surprised by the hot-and-cold reaction to the S&P downgrade.

Julia Coronado, chief economist with the investment bank BNP Paribas, says we can't really resolve our debt problems without taking fewer retirement benefits and paying higher taxes