Skip to content

Constructal Decline

An aspect of the constructal theory that is less discussed on the list is that systems evolve to increase flow.

As the attached graph shows, volume on the S&P 500 (as reported in Yahoo Finance) has fallen all the way back to pre-covid levels, with a low point reached around August 14, no doubt to the detriment of exchange members and other top feeders.

Now there is a 100-point selloff. What better way to get people trading again on what otherwise might have been two very dull days heading into a holiday weekend?