This Is The Most Boring Market In A Quarter Century

It will come as no surprise to anyone engaged in stock markets these days that the last two weeks have been incredibly slow. What may come as a surprise (as it did to us) is that the over the past two weeks, the Dow Jones Industrial Average has stayed in its tightest trading range in more than 26 years (Bespoke Investment Group pointed this out). The chart below shows the spread between the highest intraday level on the DJIA over the lowest level on a 13-day rolling basis. Unfortunately, the dat...