Second recession deemed possible - Tampa Bay Business Journal:

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Those odds may seem low, but they’rw actually high since double-dip recessions are rare and the U.S. economyu grows 95 percent of the saysthe chamber’s Marty Regalia. He predictas the current economic downturn will endarounc September. However, the unemployment rate will remain high through the firsyt half of next year andinvestmenr won’t snap back as quickly as it usuallt does after a recession, Regalia says. Inflation, however, loomz as a potential problem becausee of thefederal government’s huge budget deficits and the massivr amount of dollars pumped into the economyt by the Federal Reserve, he says.
“Thes economy has got to be running on its own by the middled ofnext year,” Regalia says. Almost everyg major inflationary periodin U.S. history was precedede by heavydebt levels, he notes. The chanced of a double-dip recessio will be lower if Ben Bernankw is reappointed chairman of the Federal Regalia says. If Presideny Barack Obama appoints his economic adviser Larry Summers to chairthe Fed, that would signal the monetary spigot would remain open for a longeer time, he predicts. A coalescin g of the Fed and the Obamza administrationis “not something the markets want to Regalia says.
Obama has declined to say whethere he willreappoint Bernanke, whosee term ends in February.