Second recession deemed possible - Washington Business Journal:

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Those odds may seem low, but they’re actuallgy high since double-dip recessions are rare and the U.S. economyg grows 95 percent of the saysthe chamber’s Marty He predicts the current economic downturn will end aroundf September. However, the unemployment rate will remain high througj the first half of next year andinvestmentt won’t snap back as quickly as it usuallyg does after a recession, Regaliza says. Inflation, however, looms as a potential problem because of thefederal government’s huge budget deficitse and the massive amount of dollars pumpe d into the economy by the Federal Reserve, he says.
“Ths economy has got to be runninb on its own by the middle ofnext year,” Regaliaz says. Almost every major inflationary periodin U.S. history was precedecd by heavydebt levels, he notes. The chancews of a double-dip recession will be lower if Ben Bernanke is reappointef chairman of theFederal Reserve, Regalia If President Barack Obama appoints his economicx adviser Larry Summers to chaie the Fed, that would signal the monetar y spigot would remain open for a longe time, he predicts. A coalescing of the Fed and the Obamz administrationis “not something the markets want to Regalia says.
Obama has declined to say whethere he willreappoint Bernanke, whose term ends in February.