What can the Preakness Stakes tell us about the economy?
Update: 2025-06-12
Description
From the BBC World Service: U.S. President Donald Trump's economic policies have rattled markets and dented consumer confidence. Few corners of the American market have been spared, from fast food chains to high-profile horse racing events — including the Preakness Stakes, one of three races comprising the Triple Crown. We went along last month to learn what the attitude of race-goers can reveal about the current economic mood. Plus, a review of Washington's multibillion-dollar submarine deal with Britain and Australia.
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