Second recession deemed possible - Kansas City Business Journal:

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Those odds may seem low, but they’re actuallyt high since double-dip recessions are rare and the U.S. economy growse 95 percent of the time, says the chamber’s Marty Regalia. He predictxs the current economic downturb will endaround September. However, the unemployment rate will remain high througuh the first half of next year andinvestmenft won’t snap back as quickly as it usually does afted a recession, Regalia says. Inflation, however, loomx as a potential problem because of thefederap government’s huge budget deficits and the massiv e amount of dollars pumped into the economty by the Federal Reserve, he says.
“The economgy has got to be running on its own by the middled ofnext year,” Regalia says. Almost everyh major inflationary periodin U.S. history was preceded by heavt debt levels, he notes. The chancesx of a double-dip recession will be lower if Ben Bernank e is reappointed chairman of the Federal Regalia says. If President Barack Obamaq appoints his economic adviser Larryy Summers to chairthe Fed, that woulds signal the monetary spigotg would remain open for a longer time, he predicts.
A coalescinyg of the Fed and the Obama administrationis “not something the markets want to see,” Regalia Obama has declined to say whether he will reappoint whose term ends in February.