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Racing in the Recession - The Owner Breeder
https://theownerbreeder.com/features/racing-in-the-recession/
Racing in the Recession. ... The decline in the number of horses in training has had a knock-on effect on stable staff levels, as trainers realise they don’t require as many hands to muck out and ride work. Figures show that the total number employed (full and part-time) in yards fell by 308 between 2008 and 2010, from 7,160 to 6,852. ...
Recession doubles the number of racehorses being …
https://www.theguardian.com/sport/2012/jun/02/recession-number-racehorses-destroyed-abbatoirs
The report, The Effect of the recession on the welfare of British Thoroughbred Horses, notes: "Of these, ... Dene Stansall, horse racing …
Race and recession: Effects of economic scarcity on …
https://pubmed.ncbi.nlm.nih.gov/28910122/
When the economy declines, existing racial disparities typically expand, suggesting that economic scarcity may promote racial discrimination. To understand this pattern, we examined the effect of perceived scarcity on resource allocations to Black and White American recipients, and tested whether this effect depends on a decision maker's motivation to respond without prejudice.
HOW IS GAMBLING FARING IN THE RECESSION? - Horse …
http://www.horseracingbusiness.com/how-is-gambling-faring-in-the-recession-541.htm
Horse Racing. Handle on U.S. and Canadian Thoroughbred racing declined by nearly 10% (9.85% to be precise) in the 3rd quarter of 2008, continuing a trend that started earlier in the year ( The Blood-Horse, October 18, 2008). Purses were down 2.37% in the same period. Ominously, yearling prices collapsed. Gross revenue from the first seven days ...
The Effect of Recessions on Gambling Expenditures - PMC
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3501160/
Mikesell reports a positive effect of a recession on gambling. Gambling offers a pure chance opportunity to win a jackpot, often multiple millions of dollars for the best modern lotto games, for a small price. ... Another potential non-economic reason for the decline is that horse racing is less appealing to younger people today than to their ...
'Recession shock' is coming, Bank of America warns - CNN
https://www.cnn.com/2022/04/12/economy/recession-inflation-economy/index.html
Bank of America is warning that high inflation poses a credible threat to the economic recovery that began just two years ago. “‘Inflation …
Top 5 major Economic Effects of Recession on Economy
https://www.paggu.com/business/world-economy/top-5-major-economic-effects-of-recession-on-economy/
Recession impact on the economy. Slump in the market – Goods and services are difficult to be sold as the purchasing power of the people comes down. Stock prices come down – Investment suffers. The industrial production is badly affected as investors avoid investing in companies that might suffer losses during recession.
What The Past 90 Years Have Taught Us About …
https://www.forbes.com/sites/mikepatton/2020/04/30/what-the-past-90-years-has-taught-us-about-recessions-and-stock-behavior/
Here are the results. During the 2007-09 recession, stocks hit bottom on March 9, 2009 when the recession was 85.1% complete. The shortest time was just after WWII when stocks bottomed 22.2% of ...
How a Recession Affects the Stock Market - Institutional …
https://www.institutionalinvestor.com/article/b1hmn0m5vxl4cn/how-a-recession-affects-the-stock-market
When the economy is strong, consumer and business spending increases and corporate profits improve. Greater profits support higher stock prices. Conversely, when economic activity slows, spending ...
5 Things You Shouldn't Do During a Recession
https://www.investopedia.com/articles/pf/09/avoid-five-recession-risks.asp
Key Takeaways. When the economy is in a recession, financial risks increase, including the risk of default, business failure, and bankruptcy. Avoid increasing, and …
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