Jeremy Seigel Tells CNBC Stock Valuations Do Not Matter (06/03/2015)

When they raise a quarter percent and see the world does not end, they'll say, 'You know what? This wasn't so bad after all,'" Siegel said. "So I think the anticipation of the raising rates is worse than the actual act of raising rates."

Joe Kernan said rising stock prices is going to create a wealth effect and thereby generate an economic boom.

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