Stocks close sharply lower as investors worry that the economy is poised to weaken even as frozen credit markets slowly start to show signs of recovery.

由于投资者们担心经济正处于更恶劣的不稳定状态当中，所以尽管被冻结的信贷市场开始出现复苏迹象，但股票市场收盘时仍受到重挫。

youdao

If governments continue expanding money supplies, the cost of credit will not rise even as commodity markets do.

FORBES: Spiking Oil Prices: It's The Investors, Stupid

Last year's subprime-fueled gridlock in the credit markets even spread to high-quality debt, however, as investors realized that the re-packaging and re-distribution of risky loans could signify a ticking time bomb in all corners of credit.

FORBES

Default risks, as measured by credit default swaps, are on the decline in the emerging markets and even better than a number of European countries.

FORBES: Under Stress, Hedge Funds Like Gold, High-Yield Bonds