http://profitableinvestingtips.com/profitable-investing-tips/why-is-goldman-sachs-stock-soaring Why Is Goldman Sachs Stock Soaring? Who would have thought that the investment bank that took so much flack during the election campaign would be the all-star of the Trump stock rally? Fortune discusses how this unlikely stock is responsible for sending the Dow into record territory. Stock market investors who are enjoying the post-election rally-dubbed the “Trump Bump-owe a major debt to the controversial bank that became a political lightning rod in the presidential campaigns. Goldman Sachs stock is responsible for a whopping 29% of the Dow’s overall bump since the election. Put another way, Goldman Sachs alone is responsible for more than 400 points out of the Dow’s total 1,400-point gain during the “Trump Bump.” Also on Friday, Trump himself offered a White House job to a top Goldman Sachs executive, Gary Cohn, following appointments of two other former Goldman employees to the new administration. In two recent articles, Is the Stock Market Rally Sustainable and What Stocks Are at Risk despite the Trump Stock Rally, we noted that investors are assuming that infrastructure improvements, offshore corporate cash and tax cuts would lead to more jobs, especially for the middle class. That rationale does not explain the Goldman Sachs rally. Here is what Fortune says about bank stocks going up.