The volatility paradox

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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

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Excellent analysis Robin. After a correction when volatility is high, short volatility is a very good position to hold. Currently I do not believe the status quo of low volatility to hold however. There is too much macro and policy uncertainty.

Simurgh