Beware of this year's 'spooky season' for markets, says CIO

STORY: While the election has and will continue to receive a lot of attention on Wall Street, Schleif said that, "markets are not at all discounting any sort of potential for escalation and geopolitics, even though you've had a lot of escalation in the headlines and geopolitics both in the Middle East and in the Russia, Ukraine, conflict. And so if something erupted there, you could see sharp pullbacks in the short run in markets that would lead to that spookier season volatility that that we normally do see in September and October."