{"id":27236,"date":"2022-07-22T10:45:03","date_gmt":"2022-07-22T14:45:03","guid":{"rendered":"https:\/\/www.moneysense.ca\/?p=262794"},"modified":"2022-07-22T10:45:03","modified_gmt":"2022-07-22T14:45:03","slug":"making-sense-of-the-markets-this-week-july-24","status":"publish","type":"post","link":"https:\/\/www.moneysense.ca\/save\/investing\/making-sense-of-the-markets-this-week-july-24\/","title":{"rendered":"Making sense of the markets this week: July 24"},"content":{"rendered":"<figure class=\"wp-block-image is-style-default\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/z6hp9n17_qFUDnNY73l9GeXNmuU4JOntZnDm7do0n6WR2GKno8fKG-BwO3piPcQgPdSWLb7Y5sUvqfxRIUnwVD16s3JhljlH8UcpKnImvV39Bb0bwJnRftxPCkSTaXAin5RzrG2kFbLUh5EwZqGNtgc\" alt><figcaption>Source: <a href=\"https:\/\/seekingalpha.com\/article\/4520251-meta-netflix-paypal-zoom-added-to-russell-1000-value-index\" target=\"_blank\" rel=\"noreferrer noopener\">Seeking Alpha<\/a><\/figcaption><\/figure>\n<p>Similarly, Netflix could stall and grow at a much slower rate going forward. But as long as it can better monetize its customers (competitors like Hulu have proven ad-supported models can work) and keep their status as the preeminent streaming service (maybe easier said than done), then there may still be a bright future for this company.&nbsp;&nbsp;<\/p>\n<p>Mature companies tend to focus more on the \u201cless sexy\u201d topics of cost controls, upsells and maximizing customer value. While this doesn\u2019t drive investment news headlines the same way \u201cHey, look at this shiny new thing that will take over the world!\u201d does, it\u2019s still a recipe for long-term financial success.<\/p>\n<p>Netflix and Meta are <a href=\"https:\/\/www.neo.inc\/en\/services\/raising-assets\/canadian-depositary-receipts\" target=\"_blank\" rel=\"noreferrer noopener\">both available<\/a> to Canadian investors via Canadian Deposit Receipts (CDRs), if you\u2019re looking for a quick way to get portfolio exposure without converting your Canadian dollars to U.S. Look for them at META\/NEO and NFLX\/NEO.<\/p>\n<h2>Air Canada\u2019s journey to profitability is delayed\u2026 indefinitely<\/h2>\n<p>The recent collapse of Air Canada\u2019s (AC\/TSX) ability to complete basic travel requirements, such as <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-air-canada-westjet-flight-delays\/\" target=\"_blank\" rel=\"noreferrer noopener\">delivering people on time<\/a>, <a href=\"https:\/\/www.businessinsider.com\/air-canada-lost-luggage-travel-chaos-cancelled-flights-airlines-aiports-2022-7\" target=\"_blank\" rel=\"noopener\">not losing their luggage<\/a> and\/or <a href=\"https:\/\/www.cbc.ca\/news\/business\/westjet-air-canada-compensation-delay-1.6520962\" target=\"_blank\" rel=\"noreferrer noopener\">generally trying to back out of compensation<\/a> to which consumers are legally-entitled, has been well documented.<\/p>\n<p>What\u2019s up for debate is whether all this negative press will lead to investors feeling any pain.&nbsp;<\/p>\n<p>An argument can be made that Air Canada\u2019s status as an effective monopoly in many areas, combined with the ever-present government support, means the company has a low risk of a complete meltdown. With Air Canada\u2019s second quarter earnings report due in the next couple of weeks, the stock has been quite volatile as investors wait to see just how much the recent turmoil has affected bottom lines.<\/p>\n<p>After recently experiencing Air Canada\u2019s services, I have to say that I am not at all confident in the company\u2019s ability to take advantage of the recent spike in travel demand. My wife and I were forced to sleep on the floor at Pearson Airport last week (due to luggage delays, crew delays, and maintenance delays) and were subjected to some of the rudest and most awful customer service I have ever experienced. Now, in fairness, the pilot and flight staff were quite pleasant and professional, and I have had several flawless flights with Air Canada over the past couple of years. It would also be accurate to say that we enjoyed no less than <a href=\"https:\/\/www.blogto.com\/sports_play\/2022\/07\/tennis-star-nick-kyrgios-sleeps-floor-toronto-pearson-airport\/\" target=\"_blank\" rel=\"noreferrer noopener\">the superstar professional athlete experience<\/a>.<\/p>\n<p>From an investment standpoint, we can tell you with a high degree of conviction that we personally witnessed hundreds of people swear off of flying with Air Canada for the foreseeable future. That is going to have long-term repercussions that are hard to quantify in a quarterly report.<\/p>\n<p> <a href=\"https:\/\/www.moneysense.ca\/save\/investing\/making-sense-of-the-markets-this-week-july-24\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: Seeking Alpha Similarly, Netflix could stall and grow at a much slower rate going forward. But as long as it can better monetize its customers (competitors like Hulu have proven ad-supported models can&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":27238,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[7,10],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts\/27236"}],"collection":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/comments?post=27236"}],"version-history":[{"count":0,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/posts\/27236\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/media?parent=27236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/categories?post=27236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.andrewwbradley.ca\/index.php\/wp-json\/wp\/v2\/tags?post=27236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}