A trader works on the floor of the New York Stock Exchange during morning trading on June 11, 2013 in New York City. - 

Markets, thy name is volatility. Financial markets have been on a bumpy ride recently. The VIX, a widely-used measure of market volatility, has rocketed up nearly 30 percent in a month. Part of what’s moving traders is uncertainty about the Fed’s next moves. But a number of key factors around the world have investors bracing for more sharp peaks and deep valleys.

Chris Low, chief economist at FTN Financial, joins Marketplace Morning Report host to discuss.

Follow David Brancaccio at @DavidBrancaccio