YOUTUBE This lady just increased the value of your stock market investments AdminDecember 23, 2024017 views The Stock market hit its session high amid news that President-elect Joe Biden plans to nominate former Federal Reserve Chair Janet Yellen for Treasury secretary. The Wall Street Journal first reported the pick. CNBC later confirmed the report through sources. Yellen oversaw a solid economic expansion during her term as Fed chair from 2014 to 2018. During that time, rates remained low and the S&P 500 rose nearly 60%. ″[Yellen] is a big name, with significant experience highlighted by her time at The Fed,” said Alli McCartney of UBS Wealth Management. “I am not surprised markets are reacting favorably as this choice is reassuring, especially with the challenges that lie ahead including avoiding a double dip recession and getting people back to work amidst rising virus cases.” To learn more about stock market investing, please visit TheBlackStockMarketProgram.com source