Horse racing and the Economy

[upthecreek]

Interesting WSJ article

http://blogs.wsj.com/economics/2014/07/09/further-capex-weakness-these-numbers-say-neigh/?KEYWORDS=capex

[BettinBilly]

Interesting WSJ article

http://blogs.wsj.com/economics/2014/07/09/further-capex-weakness-these-numbers-say-neigh/?KEYWORDS=capex

Interesting. Thanks for the post. Not what I expected.

[Robert Goren]

The article didn't say how much of the increase in race horse prices was do to "Arab" money. That is what I want to know.

[DJofSD]

I wonder how correlated the time frames are between getting a horse v. a business to "turn a profit."

And then the flip side: most small businesses eventually fail. Most likely most T'breds never even come close to recouping the outlay of cash.