by Justin Spittler
Casey Research
The stock market hasn’t been this quiet in decades.
The S&P 500 has gone 33 days without a 1% move. That’s the longest streak without a big move since 2014. Trading volumes across the main U.S. exchanges are also at the lowest level in more than a year.
This isn’t a total surprise. After all, many traders on Wall Street take all of August off every year.
But it’s even more quiet than usual right now. According to The Wall Street Journal, volatility has only been this low “a dozen times in the past half-century.”