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A racing cert? What a day at the races may tell us about investor confidence
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| A racing cert? What a day at the races may tell us about investor confidence |
Posted: Mar 17 08 18:03
Total Posts: 154
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Hi Noreen I think the Bear Stearns tent will be empty this year! Cheers Neil
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Posted: Mar 18 08 09:16
Total Posts: 99
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You are probably right Neil, The conclusions on my racing day fuzzy analysis are difficult to read .. Betting on the last day of the races is supposed to have broke British records. It is estimated that around £300m was wagered on the final day, dwarfing last year’s mark of £255m on the Grand National at Aintree. I'd like to say this is a sign of consumer confidence but I believe it was more down to punters making up for the race cancellations due to extreme weather conditions earlier on in the week! Thanks Noreen
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Posted: Mar 18 08 12:57
Total Posts: 154
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.. or may be just trying to recoup their losses on the stock market? :-)
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