US markets closed lower on Friday

19 Aug 2017 Evaluate

The US markets closed lower on Friday, to register another unsightly week of losses as low volumes and skittish investors left Wall Street especially vulnerable to pullbacks. Stocks shifted between gains and losses as President Donald Trump’s strategist Stephen Bannon departed the White House, following the prior day’s selloff fueled by a terrorist attack in Barcelona and rumors that Trump’s economic adviser Gary Cohn might resign. On the economy front, Americans were almost as optimistic about the economy in August as they were at the start of the year, when President Donald Trump took office, according to a closely watched consumer-sentiment survey. The University of Michigan’s sentiment index climbed to 97.6 in August from 93.4 in July, sitting just below a 98.5 reading in January that marked a 13-year high. The Michigan survey, for instance, found a notable increase in the number of people who said their own financial well-being had improved. An index that measures current conditions slipped to 111 from 113.4. A gauge that looks out six months rose to 89 from 80.5, however, also marking the highest level since January.

Meanwhile, Dallas Fed President Robert Kaplan said that financial markets are warning of weakness in the US economy, so the Federal Reserve should be very patient and judicious as it considers whether to raise interest rates. Kaplan underscored his concerns about a series of weak inflation readings, saying he wants to see evidence that it would rebound in the medium term before he could support another rate hike. The Fed’s preferred inflation measure is 1.5 percent, below a 2-percent target. Kaplan added that he doesn’t need to see that we’re going to meet that target in the near-term. I just want to see evidence, or belief, that we’re going to meet that target in the medium term. Minneapolis Fed President Neel Kashkari said that the Federal Reserve will take into consideration the state of government efforts to raise the federal debt limit in deciding when to start winding down the central bank’s large bond portfolio.

The Dow Jones Industrial Average dropped 76.22 points or 0.35 percent to 21,674.51, the Nasdaq lost 5.38 points or 0.09 percent to 6,216.53, while the S&P 500 edged lower by 4.46 points or 0.18 percent to 2,425.55.

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.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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