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What Damage Can Rising Rates Do?

Though some assets are more sensitive to interest rates, even a conservatively tilted diversified portfolio has historically been able to produce positive returns through rising-rate environments, says David Falkof of Morningstar Investment Management.

Christine Benz: Hi, I'm Christine Benz for One of the most vexing questions facing investors is when interest rates will rise and what effect that could have on their portfolios. Joining me to discuss some research on that topic is David Falkof. He is an investment consultant for Morningstar Investment Management.

David, thank you so much for being here.