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.
Solomon notes that while no executive office members from @GoldmanSachs were ever planning to attend the #FII2018 Dina Powell, former National Security Council member and now a mgmt ctte member at the firm, will not be going now.
Regarding #Khashoggi, Solomon says: "This incident is unacceptable and clearly they have to answer questions specifically regarding this incident, and how they answer those questions...will have an impact on how we all interact." #SaudiArabia @GoldmanSachs
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