Overvalued market worst than 1929?

The S&P has failed to close lower by 1 percent or more since Oct. 11, for the longest such string of not-down-1-percent-plus days since the one ended in December 1995. Notably, 1995 was an incredibly quiet year for the market — earlier in 1995, the S&P went 110 days without a 1 percent drop, according to a CNBC analysis of FactSet data.

Before that, the longest such streak was in 1985, when 112 straight non-1-percent drops were enjoyed.
 
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