Brian Belski, chief market strategist at BMO Capital Markets, tells BNN Bloomberg that the stock markets can actually do well in a rising rate environment, and the TSX is likely to outperform the S&P500 due to its cyclical tilt. He says Canada’s energy sector looks more attractive than its US counterpart, and he favours big Canadian banks centred towards the US. He explains why he likes ag-equipment maker Agco Corp. (AGCO NYSE).