Both Cramer and Balas explain to us the effects of the bond market vs stock market.  The Bond market is bigger and sets tone of economy but isn’t enough.  We need the politicians to do their part–the fiscal policy.  If they can’t show restraint (not cut spending too soon or too much too soon) and can’t raise taxes on the wealthiest (their campaign supporters), we as a Country or for that matter, as a global economy can’t grow and prosper.

Two different takes on Credit and the Bond Market but very informative.

http://realmoney.thestreet.com/articles/10/05/2011/power-words

http://realmoney.thestreet.com/articles/10/05/2011/bond-market-boss-0