Higher for longer interest rates won't derail the bull market rally in stocks, chief stock strategist says

• Higher for longer interest rates won't derail the bull market in stocks, according to BMO's Brian Belski.
• Belski highlighted that stocks have performed just fine during elevated interest rate periods based on market history.
• "S&P 500 has had better risk adjusted returns during periods of higher interest rates," Belski said.

A period of higher for longer interest rates isn't enough to derail the current bull market in stocks, according to a Wednesday note from BMO's chief investment strategist Brian Belski.