Paulo Prietto - Compass

The summer market was hot! The same theme throughout the year remains the same: low, low inventory, strong demand and increasing prices. Here's the latest market report of August 2021.

DID YOU KNOW? Treasury Secretary Steven Mnuchin said the Federal Reserve will play a key role in lending funds to businesses hurt by the coronavirus pandemic with up to $4 trillion of liquidity to be used to support the economy. The plan is broad-based to help small and large businesses get through the next 90 to 120 days. (Marketwatch)

DID YOU KNOW? Cisco is committing $225 million to assist in efforts aimed at combating the coronavirus while the rest of Silicon Valley initiates an investment blitz to help in the fight. Facebook has announced it will offer $100 million in cash grants and ad credits for up to 30,000 eligible small businesses. (CNBC)