It's Thursday, August 2nd.

Welcome to Market Forry.

I'm Chris Ellen joining me in studio today.

From Motley Fool 1, Jason Moser,

for Motley Fool Pro Brian Hindman,

and for Motley Full Inside Value, Uncle Joe Meager.

Happy Thursday guys.

Oh, great.

A lot on our plate today.

We're going to talk apparel, coffee, and liquor.

That sounds like a day well spent.

I'm qualified on two of three of those.

We'll get to all three, but we are going to start with cars.

General Motors reported a 41% drop in second quarter profits.

Joe Meager, stop me if you've heard this before.

Profitable in North America and Asia, big loss in Europe.

This is starting to ring a bell.

GM has been doing terribly... This is starting to ring a bell.

GM has been doing terribly in Europe for a long time.

They haven't turned an operating profit there since 1999.

A year ago, this is a a long time a long time. A year ago I wrote this article

pitching that GM should walk out of Europe entirely and everyone thought that was

...