Pat Dorsey, CFA, chief strategist at The Sanibel Captiva Trust Company, a wealth-management firm with more than $1 billion in assets, Sanibel, Florida. He is former director of equity research at Morningstar, Inc., and author of The Little Book That Builds Wealth and The Five Rules for Successful Stock Investing (both Wiley). SanCapTrustCo.com
Will rising interest rates in the next few years deflate the stock market? That fear caused the Dow Jones Industrial…