Peter Tchir is baffled that stocks are trying to push higher even as credit gets worse: "It is...

|By:, SA News Editor

Peter Tchir is baffled that stocks are trying to push higher even as credit gets worse: "It is interesting how many investors talk about credit leading the markets, but choose to ignore it when they see it." But Bank of America (BAC -6.2%) stock investors are getting the message, as five-year CDS spreads hit levels higher than during the peak of the financial crisis.