Market 'volatility is here to stay' -private wealth manager

STORY: Among the factors that will continue to roil markets: economic data and investors' perceptions of how that data will affect the Federal Reserve's ongoing interest rate hikes.

von Lipsey also pointed to volatility in the options markets, as more retail investors jump in.

"And then I think the third thing is there continue to be some very significant and substantial wild cards out there - whether it's policy against Russian sanctions, whether it's oil prices and oil policies, whether it is COVID, which continues to be a wild card...n those things are putting a degree of uncertainty into the market that generally results in volatility."