S&P 500 on its way to a record-breaking series without a 3% daily loss

The volatility of the US markets is on a record low, and that's already old news. Perhaps you will ask, however, how calm the US markets are.
The answer is: very...
The S&P 500 index has not registered a decline of at least 3% since November 7, 2016. This is 234 trading sessions and the second longest similar period, with no drop of 3% from 241 days from January 26, 1995 to January 9, 1996, according to data from Pension Partners.
Only eight more trading sessions without a decrease of 3% or more during the day and we will have a new record period.
The strange lack of volatility is in the midst of new record values ​​for US indices. On Thursday, however, they interrupted their record of new records, which may be the first more serious alarm signal.
US indices are on their way to their ninth consecutive year of growth, which would equalize the record growth for the period from 1991 to 1999.
Moreover, the S&P 500 rose by 14% since the beginning of the year, while the Dow added 16%. Technological Nasdaq rose the most: by 23% this year.
Meanwhile, the Volatility Index VIX is trading at a record low for the past 23 years.