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David Solomon, new CEO of @GoldmanSachs on markets: "As we came into October, here in the US, we had six months in a row of up markets each month...When you have a run like that there's no question that at times markets are going to retrace a little bit."
He says the Fed is being very thoughtful about unwinding the low-interest rate environment of the last decade.
Says also that "corporate sentiment is still pretty strong," thanks to "momentum" behind earnings and the tax cuts that have freed up cash.
