US markets closed higher as Trump takes office

21 Jan 2017 Evaluate

The US markets closed higher on Friday, starting the Donald Trump presidency in the green, but the Dow & S&P 500 logged their second straight weekly decline as uncertainty about the new administration has lingered. Equities ended off their highs of the session after Trump took the oath of office to become the nation’s 45th president and delivered an inaugural address that echoed the protectionist comments he had made throughout his campaign. While he called for measures to support American workers, he offered few additional details that could provide clarity to investors about his legislative priorities. Investors bet that he would pursue massive corporate tax cuts, deregulation, and infrastructure spending, all of which are expected to accelerate economic growth and stoke inflation.

Meanwhile, San Francisco Federal Reserve Bank President John Williams repeated his view that the US central bank needs to reduce monetary stimulus before the economy overshoots the Fed’s employment and inflation goals and the Fed has to slam on the brakes. An aging workforce and low productivity growth will keep the United States from growing faster than about 2 percent annually on a sustainable basis. Williams, who does not vote on Fed policy this year, did not directly address the disconnect, but said the Fed does not want to see the unemployment rate, at 4.7 percent, falling lower and lower, and inflation, now at about 1.75 percent, to rise higher and higher. Instead, he said, the Fed’s goal is stabilize both at near current levels, and to do so, it needs to raise rates further.

Moreover, Philadelphia Federal Reserve President Patrick Harker said he expects three interest rate increases in 2017 if the labor market improves further and inflation moves to the Federal Reserve’s 2 percent goal. Harker added that consumer confidence is strong, retail sales are still solid - though slightly slower than previously anticipated - and equity markets are up. The core index on personal consumption expenditure, the Fed’s preferred inflation gauge, has risen to 1.7 percent with inflation expectations hitting 2 percent.

The Dow Jones Industrial Average added 94.85 points or 0.48 percent to 19,827.25, the Nasdaq gained 15.25 points or 0.28 percent to 5,555.33, while S&P 500 was up by 7.62 points or 0.34 percent to 2,271.31.

The Indian ADRs closed mostly in red; Tata Motors was down 0.34%, ICICI Bank was down 0.11% and Infosys was down 0.03%. On the other hand, Dr. Reddy’s Lab was up 0.30% and HDFC Bank was up 0.16%.

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.

Our Vision

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.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.