The Janet Yellen Era: Chapter Two

The return of Janet Yellen to influence, as incoming Secretary of the Treasury (if confirmed by the Senate), stands to settle nerves on both Wall Street and Main Street.

That’s because Yellen’s tenure as leader of the Federal Reserve, which lasted from January 2014 to February 2018, was bountiful for business profits, job growth and investors in everything from municipals and triple-B-rated corporate) turned $10,000 into more than $14,000 during the interval, and the Dow grew from 16,350 to 26,000.