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An eerie kind of calm in the stock market

This worries some Wall Street strategists for the more sudden the return of volatility, the faster the funds will sell

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Low volatility and overvaluation in the stock market have lasted a long time and might do so until a catalyst arises. There are other matters of policy and politics that could send stocks lower if a more aggressive Fed does not.

A RARE calm has settled over the stock market. Whether it turns out to be the one before the storm is a compelling question after a year of conditions so placid that investing has begun to look deceptively simple.

In all of 2017, the Standard & Poor's 500 index experienced no decline

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