It's Tuesday, November 24th.

Welcome to Market Foolery.

I'm Chris Hill with me today.

The one and only, Bill Barker.

Good to see you.

Good to be here.

How's it going?

It's going well. We've got some retail earnings to be here. How's it going? It's going well. We got some retail earnings to talk about.

We have a spicy deal to talk about. But we're going to start with the return of the Fed Chief.

Janet Yellen is Joe Biden's pick for Secretary of the U.S. Treasury, so just

like she was the first woman to head the Federal Reserve, Janet Yellen is going to be the first woman to be

Treasury Secretary.

And the reaction that we're seeing from the business community and on Wall Street is a positive one and I'm assuming that's in part

because she's a familiar presence and let's face it when she was running the

Federal Reserve she did so with a steady hand?

Certainly it's always hard to ascribe the market reaction to one factor or another if you want to put a few chips on some post-election smoothness or

smoothinging of the process. You can do that if you want. You can put them all on Yellen if you want. It would make some sense to do so because

she is a both familiar presence and not a scary one to the business community and

somebody with additionally a track record of

pursuing implementing low interest rates and if you're going to ask for one thing on behalf of

stockholders it would be a continued low interest rate environment forever if

possible they can have that. No taxes, low interest rates. How about that? You know? Right.

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