Recent uranium equity selloff (past 6-8 weeks) was driven primarily by three macro factors unrelated to uranium fundamentals: Yen carry trade unwinding, liquidation from large tech/AI/clean energy thematic baskets, and stop-loss cascades, not fundamental deterioration.

causalpending

Speaker

Justin Huene

Evidence Quote

we had the 3-day period with the Yen carry unwind um that happened about six weeks ago and that period affected us pretty pretty substantially along with every other market so we had a lot of funds that have baskets of themes right so you have you have a large fund that has a thematic basket

Source

WNA Symposium Recap: Crashing Sentiment, Demand Growing, Supply ShrinkingResource Talks
Created: 8/12/2026, 6:10:18 PM

My Notes

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