How Yardeni views the market rally as the Dow passes 30,000
CNBC's "Halftime Report" team discusses markets and the economic outlook as President-elect Joe Biden's transition into office officially begins and he makes his cabinet picks. The Dow also hit a milestone at 30,000. The market is doing well, to a certain extent, because of Janet Yellen, says Yardeni. The market was up some 48 percent when Yellen was the Fed chair, and I recall that just about every speech she gave during her tenure proved to be bullish for the markets, he adds.