Its seems everyone is missing the point. The more turmoil there is in the bond/derivative/currency market, the more stocks will go up.

Imagine you have 100 million dollars in a bank. You have some choices:

1. keep it in the bank and hope it doesn't go out of business.
2. buy gov't treasuries and hope they don't default
3. buy shares of stock in McDonalds, Walmart etc

Smart money is now going to option 3. If everything crashes, even if we are trading cigarettes instead of dollars, McDonalds will be in business, and you have put your money on something with real value in the real economy.

Capice?