There is a theory in racing that when the economy is bullish, people tend to gravitate towards freshman sires, writes Renée Geelen.

That was certainly true last year, with the record for the top priced yearling by a freshman being broken by the $1.6 million Sepoy colt from Ancient Song, now named War Hero.

It seems likely that 2016 is going to prove interesting for freshman yearling sires, particularly as the economy is in an odd state of flux, depending on whose point of view you prefer. Real estate keeps on flying, but mining is wobbling….

The full article is here.