David Rosenberg: This Is An Upside-Down Recovery

In his latest note, David Rosenberg continues riffing on a theme he touched on yesterday, which is how bad the current economy is compared to the pre-recession period, relative to other recoveries.

Today he puts it in chart form. As you can see, the recovery is totally upside-down.

Click here to see the full details about this sad “recovery” >

upside down

Photo: Gluskin-Sheff

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.