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S&P 500 poised to set record for calmest period – perhaps ever

(FinancialPress) — The broad-market benchmark, Standard and Poor‘s 500 Index, has been very quiet as of late. The thing is, just how quiet, and for how long, has flown completely under the radar for most onlookers. The S&P 500 is set to match and surpass the record for longest period of quiescence in history in just a few more short days. With no significant drops of over 3% since November 2016, the current 237-day span holds the spot for the second-longest period with no single-session drop of such magnitude since the one that began way back in Jan. 26, 1995. That period, which is the current record holder, extended for an impressive 241 days and concluded in Jan. 9, 1996. The data was shared by Pension Partners’ Charles Bilello (chart below). By extending the streak of sessions closi...