Smaller caps could be good defensive mechanism tool

Traders work the floor of the New York Stock Exchange at the closing bell of the Dow Industrial Average in New York on October 25, 2018. FILE PHOTO | NMG

The history of public trading of company stocks goes back to the 17th century when in 1602 the Dutch East India Company listed its shares on the Amsterdam Stock Exchange. A number of developments took place afterwards, both documented and unwritten.

However, at the turn of the 20th Century, the United States began to sprinkle the seeds of its global hegemony. Key among them was the exchange platforms for securities issued by corporations.

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Note: The results are not exact but very close to the actual.