01-21-20: Report: Manufacturers Will Spend $26 Billion To ‘Upskill’ And Hold Workers in 2020
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 22 January 2020
⏱️ 46 minutes
🧾️ Download transcript
Summary
In a historically tight labor market with millions of unfilled positions, a skills gap is plaguing the manufacturing industry.
Today's Stocks & Topics: BIIB - Biogen Inc., ENB - Enbridge Inc., C - Citigroup Inc., OPRA - Opera Ltd. ADR, VB - Vanguard Small-Cap ETF, ALLY - Ally Financial Inc., Social Security, OPRA - Opera Ltd. ADR, Euro-stocks, BA - Boeing Co., EADSY - Airbus SE ADR, People Moving Out of New York, California and other states.
TRIVIA QUESTION: "In 2020, how many holidays will cause the U.S. stock exchanges to close-- and how does the market typically perform ahead of long weekends and three-day holidays?"
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| 0:00.0 | This podcast is produced by KPP Financial, Steve Peasley President, |
| 0:10.4 | KPP Financial, Independent Thinking, shared success. |
| 0:15.0 | And now today's podcast. |
| 0:17.0 | Good afternoon everybody and welcome to Invest Talk. It is Tuesday January 21st, 2020 and I really do welcome you and appreciate you listening. |
| 0:31.0 | So today was a 13th trading day of the new year. 13 days. So I've already |
| 0:37.4 | seen some pretty good moves. Most of it up so far, but we're starting to see some |
| 0:41.5 | hesitation I think and that is to be expected |
| 0:45.1 | Really is. |
| 0:47.1 | 2020 is not going to be like 2019. I still think it's going to be positive by the end of the year excuse me but I don't think it's going to be positive by the end of the year, excuse me, but I don't think it's going to be anything like last year. |
| 0:57.0 | So Justin and I are trying to do our best, our part, to try to help you survive the new year coming up, what to do with your |
| 1:05.1 | portfolios now, how to you know how to how to understand your risk tolerance how |
| 1:10.0 | to gauge how much risk you're really taking and be content with how much risk you are taking. |
| 1:17.3 | And you know, so it just takes knowledge to learn how to do that. |
| 1:21.0 | And of course the goal is always the same for everybody and that's that |
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| 1:52.1 | When I start you know I know it sounds corny, |
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