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

Tesla Now Most Valuable Carmaker & 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&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&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/