10yrs roughly same as index, but if add divys or even reinvest divys mayb will be outperform
“There is no greater measure of our resilience and the momentum in our business than the $42 billion we have in remaining performance obligation, representing all future revenue under contract. While delivering incredible growth at scale, we’re committed to consistent margin expansion and cash flow growth as part of our long-term plan to drive both top and bottom line performance.”
"Consumer and operator demand for our leading brands remained robust during the quarter, and we continue to realize the benefits of investments in our direct sales force, diversified product portfolios, increased advertising, brand building and innovation,"
we are reaffirming our sales expectations and narrowing our earnings guidance range. We are confident in our ability to deliver our sales guidance, given robust demand for our brands across the retail, foodservice and international channels, improvements in our supply chain, our investments in capacity and from strategic pricing actions.
To understand a country, we start by looking at the big cycles, as well as measures of power that both reflect and drive the rise and fall of a country. While we refer to these factors individually, they are not separate; they interact with and reinforce one another to move a country along its cycle.
The United States is in an unfavorable position in its economic and financial cycles, with a high debt burden and relatively low expected real growth over the next 10 years (1.3% per year). The United States has significantly more foreign debts than foreign assets (net IIP is -68% of GDP). Non-financial debt levels are high (274% of GDP), and government debt levels are high (127% of GDP).
China is in a somewhat favorable position in its economic and financial cycles, with a moderately low debt burden and relatively high expected real growth over the next 10 years (4.3% per year). China has slightly more foreign assets than foreign debts (net IIP is 11% of GDP). Non-financial debt levels are high (267% of GDP), though government debt levels are typical for major countries today (49% of GDP). The bulk (97%) of these debts are in its own currency, which mitigates its debt risks. The ability to use interest rate cuts to stimulate the economy is modest (short rates at 2.1%).
Singapore is in a highly favorable position in its economic and financial cycles, with a low debt burden but relatively low expected real growth over the next 10 years (1.9% per year). Singapore has significantly more foreign assets than foreign debts (net IIP is 275% of GDP). Non-financial debt levels are high (319% of GDP), and government debt levels are high (107% of GDP). A significant share (38%) of Singapore’s debt is denominated in foreign currencies, which increases its debt risks. The ability to use interest rate cuts to stimulate the economy is low (short rates at 0.4%).
Update Reports
Advance Auto Parts Inc (AAP)
Amcor Plc (AMCR)
America Movil S.A.B.DE C.V. (AMX)
American Financial Group Inc (AFG)
Apollo Global Management Inc (APO)
Applied Materials Inc. (AMAT) --> May 2022
ArcelorMittal (MT)
Assurant Inc (AIZ)
Atlantica Sustainable Infrastructure Plc (AY)
Bar Harbor Bankshares Inc (BHB)
Barrick Gold Corp. (GOLD) --> May 2022
Bayer AG (BAYRY)
Big Lots Inc (BIG)
Brady Corp. (BRC)
Brookfield Asset Management Inc. (BAM)
California Water Service Group (CWT) --> May 2022
Capital Southwest Corp. (CSWC)
CF Industries Holdings Inc (CF)
Chubb Limited (**) --> May 2022
Companhia de Saneamento Basico do Estado de Sao Paulo. (SBS)
Compass Diversified Holdings (CODI)
Computer Services, Inc. (CSVI)
Coterra Energy Inc (CTRA)
Dillard`s Inc. (DDS)
Douglas Emmett Inc (DEI)
Ellington Financial Inc (EFC)
Energy Transfer LP (ET)
Erie Indemnity Co. (ERIE)
Exchange Income Corp. (EIFZF) --> May 2022
Fairfax Financial Holdings Ltd. (FRFHF)
First Financial Corp. - Indiana (THFF)
Fox Corporation (FOXA) --> May 2022
Garmin Ltd (GRMN)
Genesis Energy L.P. (GEL)
Generation Income Properties Inc (GIPR)
Genuine Parts Co. (GPC) --> May 2022
Gladstone Commercial Corp (GOOD)
Goldman Sachs BDC Inc (GSBD)
Hawaiian Electric Industries, Inc. (HE)
Healthcare Trust of America Inc (HTA)
Hoegh LNG Partners LP (HMLP)
Home Depot, Inc. (HD) --> May 2022
Horizon Technology Finance Corp (HRZN)
Hubbell Inc. (HUBB)
Huntington Ingalls Industries Inc (HII)
Illinois Tool Works, Inc. (ITW) --> May 2022
ING Groep N.V. (ING)
Intuit Inc (INTU)
Iron Mountain Inc. (IRM)
J&J Snack Foods Corp. (JJSF)
Kellogg Co (K) --> May 2022
KNOT Offshore Partners LP (KNOP)
Kontoor Brands Inc (KTB)
Lowe's Cos., Inc. (LOW) --> May 2022
Macerich Co. (MAC)
Macy`s Inc (M)
Marathon Petroleum Corp (MPC)
Mckesson Corporation (MCK)
MGE Energy, Inc. (MGEE)
Middlesex Water Co. (MSEX)
Moody's Corp. (MCO) --> May 2022
MPLX LP (MPLX)
Münchener Rückversicherungs-Gesellschaft AG (MURGF)
Navient Corp (NAVI) --> May 2022
Necessity Retail REIT Inc (The) (RTL)
New Mountain Finance Corp (NMFC)
New York Mortgage Trust Inc (NYMT)
Newell Brands Inc (NWL)
Newmont Corp (NEM)
Newtek Business Services Corp (NEWT)
Nielsen Holdings plc (NLSN)
Nutrien Ltd (NTR)
NVIDIA Corp (NVDA) --> May 2022
Oneok Inc. (OKE)
Packaging Corp Of America (PKG)
Pearson plc (PSO)
Pembina Pipeline Corporation (PBA)
Principal Financial Group Inc (PFG)
Ritchie Bros Auctioneers Inc (RBA)
RLI Corp. (RLI)
Robert Half International Inc. (RHI)
Ross Stores, Inc. (ROST) --> May 2022
Sachem Capital Corp (SACH)
Schlumberger Ltd. (SLB)
Sienna Senior Living, Inc. (LWSCF)
Simon Property Group, Inc. (SPG)
SK Telecom Co Ltd (SKM)
South Jersey Industries Inc. (SJI)
Stantec Inc (STN)
Star Bulk Carriers Corp (SBLK)
Starbucks Corp. (SBUX) --> May 2022
State Street Corp. (STT)
Stepan Co. (SCL)
Store Capital Corp (STOR) --> May 2022
Sumitomo Mitsui Financial Group Inc (SMFG)
Swiss Re Ltd (SSREY)
Sysco Corp. (SYY)
Tapestry Inc (TPR)
Target Corp (TGT)
TC Energy Corporation (TRP)
Telus Corp. (TU)
Tenaris S.A. (TS)
Tencent Holdings Ltd. (TCEHY) --> May 2022
Tootsie Roll Industries, Inc. (TR)
Universal Corp. (UVV) --> May 2022
Vale S.A. (VALE)
Ventas Inc (VTR)
VICI Properties Inc (VICI)
Walmart Inc (WMT) --> May 2022
Western Union Company (WU)
WestRock Co (WRK)
Worthington Industries, Inc. (WOR)
York Water Co. (YORW) --> May 2022
In this weekly TD Ameritrade webcast series, although we occasionally have long stock positions in our example portfolio, our focus is primarily on options strategies. We place several new example trades each week and then manage those trades over time. We discuss, on a weekly basis, trade management, risk management, position sizing, conditional entries and exits, profit and loss management, trading with discipline and the importance of having a trading plan or set of guidelines that we use to guide on trading decisions. We use a variety of trading strategies including: credit spreads, short put verticals, debit spreads, short call verticals, long call verticals, long put verticals, swing trades, long calls, long puts, buy writes, covered calls, long stock, diagonals and iron condors.
The Lessons
As always for students of investing, what matters most isn't what events transpired in a given period of time, but what we can learn from these events. And there's a lot to be learned from the trends in 2020-21 that rhymed with those in previous cycles. In bull markets:
• Optimism builds around the things that are doing spectacularly well.
• The impact is strongest when the upswing arises from a particularly depressed base in terms of psychology and prices.
• Bull market psychology is accompanied by a lack of worry and a high level of risk tolerance, and thus highly aggressive behavior. Risk-bearing is rewarded, and the need for thorough diligence is ignored.
• High returns reinforce belief in the new, the unlikely, and the optimistic. When the crowd becomes convinced of those things' merit, they tend to conclude "there's no price too high."
• These influences cool eventually, after they (and prices) have reached unsustainable levels.
• Elevated markets are vulnerable to exogenous events, like Russia's invasion of Ukraine.
• The assets that rose the most - and the investors who over-weighted them - often experience painful reversals.