Here Is Why Investors Are Now Welcoming Higher Interest Rates

The prospect of higher interest rates used to spook investors. But lately, investors are coming to the conclusion that rate hikes are an endorsement of economic strength and are good for stocks. Improving economic fundamentals are why odds for a March rate increase from the Fed have been rising. TheStreet's Scott Gamm speaks with Carol Schleif, deputy chief investment officer at Abbot Downing.