also adding to investor jitters: dutch prime minister mark rutte and his cabinet resigned today, after crucial budget talks collapsed, opening the way for new elections in the netherlands. just another reminder of the parade of leaders from ten countries including greece, italy, spain, portugal and ireland, who have been voted out of office since the financial crisis broke four years ago. >> susie: also some discouraging "economic" news out of europe weighing on the markets today. new data shows that business activity in the euro-zone contracted at a faster pace in april. in italy, consumer confidence fell to the lowest level in 15 years. and in spain, the economy contracted in the first quarter- - a sign that country is far from an economic rebound despite taking tough austerity measures. joining us now with more analysis-- greg peters, he's the head of global cross asset strategy at morgan stanley. >> nice to have you on the program. >> thanks for having me, susie. >> susie: what's your take on these political issues out of europe, and how does this impact american investors? why pay