"As central banks start to wean markets off the stimulus they've injected into the global economy, many money managers say they're preparing for a bumpier ride ahead," AP's Stan Choe writes in a story calling this the "most boring market in decades":
- "Seemingly every day, stocks have drifted by just a few tenths of a percent in a lazy ascent to new heights. ... [T]his could be the least volatile year for stocks since 1964."
- "Stocks are pricier, which raises the risk. ... If central banks aren't the trigger to reawaken market volatility, analysts say it could be anything that comes as a big surprise to investors, such as a natural disaster, international conflict or unexpected drop in corporate profits."
- Why it matters: "Investors fortunate enough to be in the market have enjoyed all the upside of owning stocks with almost none of the traditional downside."