Call them the “Sephora kids”
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 18 December 2024
⏱️ 8 minutes
🧾️ Download transcript
Summary
Something a tad nontraditional on the wishlist of more children this year? Skin care products. This $180 billion industry has caught the attention of young people born 2010 onward (even if they already have a naturally youthful look). Now, dermatologists are warning families that some of these products can cause long-term damage if used too young. But first, a droopy stock index is getting attention this morning.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, everybody, it's Kai. We've got a midweek deal that you don't want to miss. |
| 0:04.7 | Thanks to the generosity of Marketplace investors across the country, all gifts will be matched today up to $30,000. |
| 0:11.7 | Don't delay. Give right now and double your impact. It's really that easy to become a Marketplace investor and power public service journalism. |
| 0:19.5 | Go to Marketplace.org slash donate, and your gift will go twice as far, but only today. |
| 0:25.2 | That's Marketplace.org slash donate, and thanks. A losing streak for the Dow, but not if you look beyond the last nine days. |
| 0:47.3 | I'm David Brown-Cachio. A droopy stock index is getting attention this morning. |
| 0:51.6 | Nine days in a row, the Dow has closed down. |
| 0:56.0 | Marketplace has been on the air since 1989, |
| 0:58.3 | and we've never seen nine days down. |
| 1:01.5 | In fact, if you're younger than 46 years old, you've never seen it. |
| 1:02.4 | But so what? |
| 1:05.8 | Let's bring in David Kelly, Chief Global Strategist at J.P. Morgan Funds. Good morning. |
| 1:06.7 | Good morning. |
| 1:07.4 | I could start with something overwrought like the Dow Jones Industrial Average closed down for the ninth trading day in a row, the longest uninterrupted losing streak since the Blues Brothers first came to Saturday Night Live. |
| 1:19.7 | That's 1978. |
| 1:21.0 | But to a professional economist like yourself, is there any content in the Dow catching a nine-day cold? |
| 1:27.4 | No, really. |
| 1:28.0 | It is a very mild cold. |
| 1:30.0 | It has been tiptoeing down from a very great height. |
| 1:33.0 | And it's up over 15% for the year. |
| 1:34.8 | So I think we're a little spoils at this point. |
| 1:36.9 | But really, the stock markets had a great year, really great two years here. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

