Investment banks report US clients are fretting about when Yellen's Federal Reserve might start raising interest rates

Investment banks report US clients are fretting about when Yellen's Federal Reserve might start raising interest rates. Rising interest rates are bad for equity markets, at least so goes the general thesis, but does this actually stand up against empirical evidence from the past? Like so many things that are usually being taken for granted, it doesn't. History shows equities should still be the place to be and Macquarie research shows returns are likely to surprise to the upside. There goes another myth. My Weekly Insights (VIEW LINK)