It is absurd to think that such an interest rate could kill growth.

After a hike in December last year, the real short-term interest rates remain zero or close to zero.

We've raised the interest rate before and it isn't excluded we will raise it again in coming weeks.

I can't guarantee that interest rates will stay eternally at their current low levels.

Earnings growth and economic growth are strong enough to drive stocks higher, even if interest rates continue to rise. We're absolutely fully invested. We think commodities stocks are a good place to be.

The first risk is the price of oil.