collected by :Dicson Walt
There is no doubt in Jim Cramer’s mind that companies across the market are targeting millennials, trying to steer the younger generation to become loyal to their products.
“You need to understand … the facts about millennials because they’re changing the companies have to do business,” Cramer said.
“Consider the tectonic shift we are seeing right now at The Walt Disney Company.”
I think they’re starting to impact car sales.”
“Look for the fingerprints of the millennials,” Cramer advised.
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Cramer tracks down the effect of millennials over the stock market
The NRI must fill up and sign an “Appointment of mandate holder” form that can be obtained from the bank.
KYC documents and specimen signature of the mandate holder should be submitted with the form.The mandate holder is also required to sign the form.
There are many trading portals of brokers available for NRI investors and registration for these is possible after opening trading accounts with the broker.1.
The NRI account holder can set limits on the maximum amount of debit that the mandate holder can make on the account.2.
Different time zones may make it difficult for NRI to make investments using trading portals.
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problem is laying under the surface of the stock market
The S&P 500 is weighted by market capitalization, meaning the most valuable companies in the index have the biggest influence.
Put quite simply: The foundation of the US stock market isn’t as strong as it looks on paper.
And wouldn’t you know it, the conglomerates most enjoying that earnings tailwind are also the ones with the biggest index weightings.
There has also been some turmoil under the surface of the stock market on a sector basis.
To be sure, stock market breadth — a measure of how concentrated gains are — is not yet at levels that are low enough to truly be deemed worrisome.