‘Freak Out’ Indicator hits Record on Iran War Anxiety
Key Points:
- Investors are trading stocks at a record pace due to uncertainty and rapid developments in the Iran war and unpredictable statements from President Donald Trump.
- The daily turnover in the State Street SPDR S&P 500 ETF Trust has exceeded $60 billion 29 times this year, signaling heightened market volatility.
- Bloomberg Intelligence strategists consider this level of trading volume a "freak out" indicator, reflecting investor anxiety and caution.
- This year's trading frequency at such high volumes has already surpassed the total occurrences in all of 2025, highlighting unprecedented market activity.