How To Protect Against Inflation | Tesla Now Most Valuable Carmaker & Pfizer COVID-19 Vaccine Shows Promise – Daily Financial News & Insights For Wednesday, July 1, 2020

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Tesla Now Most Valuable Carmaker amp Pfizer COVID-19 Vaccine Shows Promise Daily Financial News Summary Wednesday July 1 2020 Wednesday brought with it the start of a new quarter which has started off strong The Dow Jones rose by 0 16 the S amp P 500 by 0 7 and the NASDAQ by 0 98 Tuesday closed the second quarter of the year with a rally This was the best overall quarter since 1998 second-best one in recorded history From April to June the S amp P 500 rose by a near 20 while the Dow Jones increased by 17 5 and the NASDAQ by 30 Pfizer s Covid19 vaccine has shown significant progress in its trial phase It has been proven that the drug is safe to use on humans and it produces certain antibodies that fight against the virus Although positive news it is likely that a vaccine will not be available until 2021 at the earliest The United States experienced 47 000 new cases on Tuesday which is a new record Pfizer s stock was up by over 5 at the open ADP released a report showing that 2 37 million jobs were added back in June from private employees This is lower than the anticipated 2 95 million increase in jobs However it is much higher than the over 3 million job losses America suffered in May READ MORE https callputstrike com 2020 07 01 tesla-now-most-valuable-carmaker-pfizer-covid-19-vaccine-shows-promise-daily-financial-news-summary-wednesday-july-1-2020 Market Insights How to Protect Against Inflation The cost of living has been steadily increasing every year This is due to many factors one of which being volatile market conditions Inflation is tricky to deal with because there s no predicting how much it will increase from one year to another However there are a few methods that you can use to protect yourself against it Invest in Real Estate Holding real estate to protect against inflation tends to be a long-term project Although there are temporary downturns in the market real estate tends to become more valuable with time Sometimes the value of the real estate increases faster than the inflation rate Having a rental property is good protection because you are usually able to raise the rent every year so as to match the inflation rate Real estate is a good investment because in the end you will have a property that is worth much more than you originally paid for it There are even ways to invest in real estate without actually owning a property READ MORE https callputstrike com 2020 07 01 market-insights-how-to-protect-against-inflation --- This episode is sponsored by Anchor The easiest way to make a podcast https anchor fm app --- Send in a voice message https anchor fm callputstrike message Support this podcast https anchor fm callputstrike supportClick here to visit this podcast episode

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