Uncertainty is driving markets nuts again.
All on talk of impeachment, and ahead of Joe Biden’s inauguration.
At the moment, House Democrats care calling on Vice President Mike Pence to invoke the 25th amendment and remove President Trump from office. The House is also expected to vote on impeachment by Tuesday. Not helping, the Speaker of the House essentially said Trump was a dangerous man on 60 Minutes.
“The evidence is that it was a well-planned, organized group with leadership and guidance and direction,” as quoted by CNBC, that carried out the siege on the U.S. Capitol building. “The direction was to go get people.”
On top of that, COVID-19 is still wreaking havoc, overwhelming hospitals.
With a good deal of uncertainty ahead, investors can use VIX-related ETFs to potentially make money. One of the top ones to consider is Pro Shares Ultra VIX Short-Term Futures ETF (UVXY).