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falling since last year have jumped about 6% in the last three weeks. march sales of existing homes fell 2.6% and factory output slipped in march after rising in february. then there was this iffy forecast for europe from the managing director of the international monetary fund. >> we are seeing light recovery blowing in a spring wind, but we're seeing some dark clouds on the horizon. >> if, as the economy goes so goes the election, then it was a worrisome week for the president's re-election team. joining me now president obama's senior re-election strategist david axelrod. good to ...

Will have a slower spring. >> greta: anemic, sluggish, dark clouds, persistent economic worries, head winds remain, which is secretary of treasury, tim geithner. what we hearing from the world stage economy is bleak, even the managing director the imf says there is a light recovery blowing in the spring wind with a dark cloud on the horizon. so it's like -- they're almost scaring the consumer, which is never a particularly good thing. >> no. this is from the imf that raised their forecast of global growth. yet, they are out saying, look, there is a lot of trouble. nobody can be complacent. ban...

Will have a slower spring. >> greta: anemic, sluggish, dark clouds, persistent economic worries, head winds remain, which is secretary of treasury, tim geithner. what we hearing from the world stage economy is bleak, even the managing director the imf says there is a light recovery blowing in the spring wind with a dark cloud on the horizon. so it's like -- they're almost scaring the consumer, which is never a particularly good thing. >> no. this is from the imf that raised their forecast of global growth. yet, they are out saying, look, there is a lot of trouble. nobody can be complacent. ban...