recession

Taking Stock: Keeneland Numbers Are Troubling

With a pandemic that's led to the loss of 200,000 lives, the loss of jobs, and overall economic instability that's affected most people except for the super wealthy that are heavily invested in the stock market, no one expected the Keeneland September yearling sale to be anything but down by gross and average versus last year. This was as predictable as saying that an egg dropped on concrete from six feet would break. So, what's the damage? Through the first 10 sessions that ended with Book 5 on Wednesday, 2,129...

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