► Watch 'The volatility paradox' and other similar videos on FT.com: http://on.ft.com/2msIoiV <br /><br />The tranquility of Wall Street's 'Fear Gauge' continues to baffle investors, given the market uncertainty. But betting on rising volatility has been a widow-maker trade, says US markets editor Robin Wigglesworth<br /><br />► Subscribe to FT.com here: http://on.ft.com/2eZZoLI<br /><br />► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes