Morning Guys, Potentially not too many places to hide in the...

Morning Guys,

Potentially not too many places to hide in the markets these days ... either equities or bonds. Potentially U will be one place.

YCA is certainly forecasting a solid underpinning for that - a 40m lb deficit for the U market for 2019. I haven't seen an analyst report suggesting that high a deficit yet, and given that YCA is closely plugged in to what Kazatomprom and Cameco are doing (buying off Kazatomprom and storing at Cameco) I would give their forecast some credibility.



Cheers
John