Credit vs. Stocks: Divergence

I have been following financial markets on and off  lately. The size and length of the rally all over the world is a bit of a surprise, but not out of the ordinary. I was looking for some clues as to where things are headed in the short term. Usually credit markets lead stocks. Financials lead the trend. No further explanation needed.

Source of the chart: Zero Hedge.

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I am a professor by trade and 100% pure Gongura Gulute by birth. I believe in “survival of the fittest” mantra, but my philosophy is to “live and let live.” Therefore, I am at neither extremes of the political spectrum. I am an independent and I love it that way.