U.S. election won't be an 'uneventful event' for global markets, UBS chief says

The outcome of upcoming elections in the world's leading economy is set to ripple into global markets no matter who clinches leadership of the White House, UBS head Sergio Ermotti told CNBC on Wednesday."The outlook for the fourth quarter is clearly still somehow influenced by the uncertainties we see on the macroeconomic and geopolitical front, we have the upcoming elections in the U.S., which of course is not going to be an uneventful event," he told CNBC's Annette Weisbach, as the Swiss bank's third-quar ...