The coming storm
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- Posts: 915
- Joined: Wed Apr 24, 2019 1:45 am
With the announcement of the Fed basically printing money to short term save the markets, exactly how bad is the fall out going to be with thoroughbred markets? I am guessing there will be a huge contraction of the foal crop maybe not this year, but definitely next year. The pinhookers will feel the pain in the coming weeks, but the shock to the system will reverberate through all levels of the thoroughbred sales markets.