Stocks are behaving in a way not seen since the tech bubble

Stocks are operating with a mind of their own to an extent not seen since the dotcom bubble.
Normally tossed and turned by geopolitical events and macroeconomic developments, stocks are exhibiting a historically high degree of independence at a time when price swings remain locked near all-time lows.
As of earlier this month, 65% of the risk associated with the average S&P 500 stock was inexplainable by a set of six macro risk factors maintained by Morgan Stanley over the past 63 days. That'