- Seemingly doubling down on his tweet yesterday regarding nuclear weapons, MSNBC earlier this morning reported Donald Trump as having told one of its anchors, "Let it be an arms race."
- Might uranium suppliers benefit from such a race? No, says the Carnegie Endowment's Mark Hibbs. Both Russia and the U.S. have enough uranium stockpiled to produce about 10K weapons. Both also have plenty of plutonium.
- Uranium suppliers: Uranium Energy (UEC +4%), Uranium Resources (URRE +0.7%), Cameco (CCJ -0.2%). ETF: URA