Rife With Anxiety, Markets Are Churning at the Fastest Rate Since 2008
- S&P 500 quarterly volume hits $2.9 trillion in crisis echo
- Investors fretting trade war, growth revisions: JPMorgan
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Once the hallmark of this bull run, complacency has made way for angst.
From junk bonds to emerging-market stocks, market turnover is through the roof, reaching multi-year highs. Within the S&P 500 Index, investors traded more than $2.9 trillion worth of shares in each of the past two quarters, a feat last achieved in early 2008.