Editor's Note: Walter is the guest author this week. David will be back next week.

Once again, the market has found itself subject to Eurozone woes. Today, the S&P 500 closed down nearly a percent and the DJI fell over 100 points after news that Greece is struggling to cut its budget and Spain’s interest rates continue to hover at an “unsustainable” level.  Furthermore, China’s expansion is predicted to slow further. And, if that wasn’t enough, McDonald’s (MCD) earnings miss has put an unpleasant taste on investors' palates. Read more about What the Market Wants: Can Earnings Jockey Global Drama for the Win?