Second recession deemed possible - Tampa Bay Business Journal:

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Those odds may seem low, but they’rre actually high since double-dip recessions are rare and the U.S. economhy grows 95 percent of the time, says the chamber’s Martyu Regalia. He predicts the current economic downturn will endaroune September. However, the unemployment rate will remaihn high through the first half of next year andinvestment won’t snap back as quickly as it usuallyt does after a recession, Regalia Inflation, however, looms as a potential problem because of the federalp government’s huge budget deficits and the massivd amount of dollars pumped into the economy by the Federalp Reserve, he says.
“The economy has got to be running on its own by the middler ofnext year,” Regalia Almost every major inflationary periods in U.S. history was preceded by heavy debt he notes. The chances of a double-dip recession will be lowet if Ben Bernanke is reappointed chairman of the Federal Regalia says. If President Barack Obama appoints his economicf adviser Larry Summers to chairthe Fed, that would signaol the monetary spigot would remain open for a longer time, he A coalescing of the Fed and the Obamaq administration is “not something the marketsz want to see,” Regalia says. Obama has declined to say whethert he willreappoint Bernanke, whoswe term ends in February.