The kids had a ball we loved it. Jersey was great the people of jersey were great to us. The water by the way the water is i mean, the ocean beautiful. Drinking water in jersey still is probably my only complaint. I have to go brita or bottled. But i got this tattoo which i know that you guys showed off last week. I got a lot of neosporin on it right now. Just to keep the bacteria, thats what they say youre supposed to do but at some point well show it off and do the grand reveal. They asked me if we wanted to show it and i said no he never liked it on twitter and im not sure that he really liked it so you brought it up. I wasnt going to bring it up. To be honest with you, i came to it late i was actually trying to not even be on twitter that much and i saw it and it was too late to start retweeting because it was a day after clearly you had shown it off and i didnt realize that i had sent that picture to you but i didnt realize that everybody would get to see it this way. It was fun.
Is its been a broadening out. Now, the question is is there enough money to go around to buy 3m today and also buy lets just use lets just pick nvidia, okay and the answer is thats to be determined there is a lot of newer money coming into the market, we will be talking about splits later today and the nature of the alchemy of it all but the thing that im most excited about, david, is there are industrials doing better than expected we have to stay focused on that because when we think about 3m making a come back, think about where they were and that is the you know, that is the and theyre having some good numbers this morning, thats what stood out to me and it makes me think nat industrial leg must be included in any portfolio. Its only up 2 are you kidding me youre referencing yeah, thats the stock youre referencing 3m. We should just tell people theyre giving us Monthly Sales numbers, july was up i think 6 year over year, 2. 8 billion, organic local currency sales up 3 because dont
In Wealth Management, we had a very strong performance, plus 70 in asia, plus 16 in europe, 3 in switzerland, upsetting the u. S. , where we saw the effect of net recurring fees being based on the previous quarter with an impact in our profits. Was there any sense of caution in the clients . How would you describe your client activity this quarter . Sergio still very active. More of a wait and see, starting to think about the second half of the year, which is full of events which potentially will trigger a change in investors sentiments. The geopolitical situation that we all know about the u. S. And china is going to the next level europe,ituation in which as we speak, is probably resolving but is still very complicated. Last but not least, the u. S. Election. According to our clients, 61 of our clients are thinking about changing their asset location post the election no matter who wins. Manus do you think that is holding them back, the election, overtraining and trade . Over china a
Hear from mike roman later on today, july has been very good i think you will continue to get a positive from housing, this horton number is the number people should be focusing on because it was stellar you will get a lot of people talking about how there is a lot of good news in anything involving personal fun, polaris, but just were just in such dim tidings when it comes to aero space thats what im focused on greg hayes, 2023, oh, my. You were just talking about that and then iata, the International Air transport association is saying 2024 for precovid traffic levels they also point out that airlines are adding capacity, jim, ahead of demand which is coming back slower than they thought. Personal travel, people want toful tra, we know that. Great Conference Call by American Express on friday about what people want to do, but the Business Travelers is where they make all the money and the Business Traveler is zooming they just arent going i dont know what its going to take to bring t
Im convinced this is there a line from doha also coming up a long night of talks but no resolution is to come back for a 4th day as i debate an 857000000000 dollar coronavirus Recovery Fund. Saudi arabias king solomon is that mission to hospital the 84 year old monarch is having medical checkups. And china is accused of gross human rights abuses over the mistreatment of its moves a minority. The races all divide a vaccine for covert 19 and the pressure person has announced to deal securing 90000000 doses of 2 potential vaccines they include bio tech fits a vaccine and one from the french company. And a report is expected on a vaccine being developed by astra zeneca and Oxford University its in phase 3 of large scale human trials lets get more now from paul brennan whos in all obviously the reason youre in oxford were expecting those results from Astra Zeneca Oxford that scene trials tell us more about that. Yes high expectation here from the oxford trial its been produced by the Oxford