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Preakness Stakes 150th: Betting Thrives Amid Economic Woes

5/20/2025

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Summary

Story summary

The Preakness Stakes celebrated its 150th anniversary at Pimlico Race Course in Baltimore, Maryland.
Attendees, including Ray De Rubin, participated in betting and enjoyed the lively atmosphere amid economic concerns.
President Trump's tariffs have created market instability, contributing to consumer pessimism and raising fears of a global recession.

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Story summary

The Preakness Stakes celebrated its 150th anniversary at Pimlico Race Course in Baltimore, Maryland.
Attendees, including Ray De Rubin, participated in betting and enjoyed the lively atmosphere amid economic concerns.
President Trump's tariffs have created market instability, contributing to consumer pessimism and raising fears of a global recession.