Deep Global Recession, Only Moderate Recovery
Posted By Barry Ritholtz On June 17, 2010 @ 11:30 am In Economy | Comments Disabled
I presented this week at the Ryan’s Metal conference [1], discussing the state of the US economy. Also presenting was Thomas Berner, Chief US Economist of UBS, who discussed the state of the global economy.
He had this terrific chart (below). It makes it pretty clear that so far — nearly a year after the point where the recession looks to have technically ended — the recovery remains weak:
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[2]
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URL to article: http://www.ritholtz.com/blog/2010/06/deep-global-recession-only-moderate-recovery/
URLs in this post:
[1] Ryan’s Metal conference: http://www.ryansnotes.com/conferences/
[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/06/Recession-Recovery.png
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