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Goldman's global stock chief tells us why stocks are rising despite protests raging across America, and what could trigger a correction

Peter OppenheimerCourtesy Peter Oppenheimer
  • Goldman Sachs' top equity strategist told Business Insider that the "size and scale" of the economic stimulus and the slowdown in Coronavirus infection rate is supporting the current market rally. 
  • Peter Oppenheimer, chief global equity strategist, however, cautioned that big political events could trigger a market correction.
  • "It's also an election year in the US and that seems to have a big bearing this year," Oppenheimer said. 
  • Visit Business Insider's homepage for more stories.
Global stocks continued their rally this week, although a brief pause on Thursday, despite mass protests across the US that has brought life to a standstill.
However, an equity strategist told Business Insider that while this rally is being driven by optimism surrounding large stimulus packages and slowdown in infection rates, big political events such as the upcoming US election could trigger a correction.See the rest of the story at Business Insider
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:https://markets.businessinsider.com/news/stocks/stock-market-rally-correction-goldman-sachs-peter-oppenheimer-2020-6-1029280354:

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