In your interest.
Online Personal Finance Magazine
No beating about the bush.
In an interview last month, bullish Wharton professor Jeremy Siegel said that US equities could gain easily gain 10% over the year, despite an inevitable rate hike, which will scare stocks down for a week or two, before investors recognise the hike as a sign that the economy is improving. Another thing to watch for, says the professor, is a downturn on the bonds market, as risk premium dissipates and rising interest rates hurt value.