The government of Finland delivered a shocking report on future oil supply. We are living on borrowed time regarding oil supply. The growth in US shale has masked what was in fact an impending supply problem. Shale is now possibly declining. Now what?
The Cameco Q4 2019 earnings report is out. The comments from the Cameco management is the most bullish I have heard during this extended bear market.
I also talk about coronavirus and the what I expect to be a massive amount of monetary and fiscal response to the economic effects of this virus, especially China. Next year is the 100-year anniversary of the Chinese Communist Party. They will do whatever is necessary to make sure that this virus does not cause a face losing episode with respect to this important event.