Stocks do very well during periods of rising rates. Facts, not opinions.

We don’t know how high is too high. But is it likely that 1.5% treasury bond yields are going to be an insurmountable absolute level for the stock market? No it isn’t. And if history is any guide, we should be welcoming rising rates that are rising in response to higher growth expectations. This chart looks exactly like it should for a growing economy coming out of an emergency. Yes, valuations for most expen...

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