Three Reasons This Market Isn't Moving

There sure has been a lot of talk lately about elections and other things not being on the "up and up." But two things that have not been on the up and up, nor on the down and down, are the stock and bond markets. U.S. Treasury rates have bounced around in a range all year, but the long-awaited return to normalcy in the bond market has yet to occur. As for the stock market, the S&P 500 SPX, -0.01%  has endured waves of short-term declines in different sectors, but has been trapped in about a 4% range from top to bottom since July.