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CNBC Mad Money July 13, 2024

Although its been said before, weve got new old news, i guess that the Drug Companies and the opioid business are facing a criminal probe. All of which would have at one time virtually trashed this market. Instead, the dorn thing just wont quit. Dow gained 55 points. Nasdaq advanced. 18 with all three closing at record levels. So we have to ask ourselves, what the heck is going on here so you know what im going to do in honor of these records, im going to run down all the reasons why this rally keeps on trucking first, while, indeed, discounter dollar tree had problems with the tariffs, the big guys are doing just fine. Walmart, target, amazon, costco simply havent felt the pain. The tariffs air problem for some many chains but the sky is falling narrative hasnt played out. Inflation remains subdued. When you consider everybody was predicting the trade war would devastate all retail, things are going much better than expected. Num ....

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