The Keeneland November breeding stock sale concluded its nearly two-week run Friday afternoon with declines in key economic indicators compared to its 2017 edition - but those declines don't tell the whole story. One decade after the recession that rocked the Thoroughbred industry, the mixed auction showed signs of a buoyant middle market, and the robust demand for broodmares and weanlings by major operations, representing long-term investments, indicated optimism for the health of the industry in the near future.