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We welcome to the distinguished forum dwight d. Eisenhower president of the United States of america. [cheering and applause] this happy occasion preserves unbroken tradition which began with president Theodore Roosevelt and the great has undressed this audience and tonight we welcome the man whom history will record as [inaudible] of great leader in the worlds hour of greatest needs. [applause] i have in mind communist aggression as millions of people were developed behind the farreaching iron curtain and i have [inaudible] the inflation in our homelands eating up the savings of an and who will be claimed by generations as the man who laid the foundations of peace. [applause] and more he is our president who we love with a deep and abiding affection. [applause] spirit welcome to the club im George Hammond which is pu ....
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 b ....
Pound hole in its bottom line. Auto aid renault struggles to restart production amid faultering demand mixes messages from the hill was fed chair and secretary mnuchin give different assessments of the speed of the recovery they also seek to defend their stimulus measures from accusations they are propping up wall street at the expense of main street. Main street is in a class by it self really. Diverse small, medium and Large Companies different credit needs, some credit based, some asset based. It is a really complex undertaking. A warm welcome to the program. Lets kick off with the top corporate story. Marks and spencer has reported more than 20 decline. The company added that it with also accelerate a restructuring effort aimed at trimming costs during the pandemic. Lets get to steve who joins us outside an m and s store in london theyve been struggling to restructure for years now. Is it going to be different this time aroun ....
Deflationary europe feels than america. Francine this is also because the pandemic hit italy first, so in terms of curves, you are a couple of weeks ahead in europe. It is a different set of numbers. The packages and loans that european governments are giving is different from what the u. S. Is doing, largely because you are at different stages in europe compared to the u. S. We are looking for that leaders summit, more stimulus coming from the commission and probably to give a strong voice to the commission that europe is united and in solidarity with country most affected by the virus. Tom a lot of different opinions. We will talk to Dennis Gartman about how to fold in a weaker euro call with gold. Here is viviana hurtado. Viviana donald trump signed an executive order to curb immigration. Green cards are currently on hold. They allow foreigners to become permanent residents. The governor the president says that will limit compe ....
President here. Thank you. This evening. Public comment on all items will be heard under section e. Public comment. This includes Public Comment for agenda non agenda items, a speaker card must be turned in to staff in order to speak. Oh if you just took out one of the speakers. Oh oh. Um okay. Accessibility information Translation Services and information on how to observe the meeting are all posted online at this time before the board goes into closed session, i call for any speakers to the closed session items listed in the agenda. There will be a total of five minutes for speakers at this time. Um is there anyone here for public speaking on this item . Yes president muhammadu, theres one person in person, so we will have one minute for Public Comment. Can you hear me . Great. Thank you so much. Um, good evening ....