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LINDSEY VONN
CNBC.com web-only interview
Downhill skier Lindsay Vonn

UBS: Global Equities Face Elevated Risks

Wednesday, 1 Aug 2012 | 2:30 AM ET

"On a long-term view there clearly is value, we believe, in equities, having said all that we have a slightly defensive stance tactically on equities because of the on-going rolling crisis that we see in the euro zone, obviously all eyes are on Draghi for Thursday." Nick Nelson, global head of equity strategy at UBS, told CNBC.