Goldman Sachs just shattered a myth about how higher rates affect stocks

A widely accepted tenet of stock investing is that "yield proxy" stocks falter in an environment where interest rates are rising.
But Goldman Sachs argues there's a segment of the high-yielding-stock universe that should stay resilient in the face of rate hikes.
It's conventional wisdom that when interest rates rise, investors should steer clear of stocks with high dividend yields.
The logic is simple: Rising rates make the yields offered by equities less attractive by comparison, and since thos