US markets close mostly lower on Friday

20 Feb 2016 Evaluate

The US markets closed mostly lower on Friday, with the Dow and S&P 500 managing to log their best weekly gains since November. Federal Reserve Bank of Cleveland president Loretta Mester stated that she sees no evidence yet that market volatility and oil’s sharp price decline have spilled over to the broader US economy by denting risk-taking and the availability of credit. With her outlook for the economy unchanged, Mester added that the Fed should remain on track for gradual reductions over time in the level of monetary accommodation from the central bank. San Francisco Fed President John Williams stated that the Federal Reserve should stick with its plan to raise interest rates gradually, given his view that unemployment is headed to 4.5 percent by late this year and inflation is set to reach 2 percent in two years. Williams’ sentiments clash with those of many economists and investors who have increasingly bet that worsening global conditions will delay further monetary policy tightening, or even force the Fed to reverse course.

On the economy front, cheaper gasoline and moderating grocery prices kept inflation in check in January, but expenses for medical care and housing are rising. The consumer price index was flat last month. Over the past 12 months the main CPI has risen by an unadjusted 1.4%, double the rate in December. That’s the fastest pace since late 2014. Core prices are up 2.2% in the same span, the biggest increase since the summer of 2012. Although inflation is still quite low, pressure is beginning to build and that’s likely to continue as gasoline prices stabilize. A huge plunge in oil last year drove inflation to fresh post-recession lows. Real or inflation-adjusted hourly wages, meanwhile, rose 0.4% in January. They have increased by a mediocre 1.1% in the past 12 months.

The Dow Jones Industrial Average lost 21.44 points or 0.13 percent to 16,391.99, the S&P 500 was down by 0.05 points to 1,917.78 while, the Nasdaq was up 16.89 points or 0.38 percent to 4,504.43.

The Indian ADRs closed mixed; HDFC Bank was down 0.66%, Infosys was down 0.02% and Dr. Reddy’s Lab was down 0.01%. On the other hand, Tata Motors was up 0.09% and ICICI Bank was up by 0.05%.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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