Second recession deemed possible - New Mexico Business Weekly:

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Those odds may seem low, but they’rre actually high since double-dip recessions are rare and the U.S. economuy grows 95 percent of the time, says the chamber’s Marty Regalia. He predicts the current economic downturj will endaround September. However, the unemploymentf rate will remain high through the first half of next year andinvestmenft won’t snap back as quickly as it usuall does after a recession, Regalia says. Inflation, looms as a potential problem because of thefederall government’s huge budget deficits and the massive amounyt of dollars pumped into the economy by the Federal Reserve, he says.
“Ths economy has got to be runningf on its own by the middle ofnext year,” Regalia Almost every major inflationary period in U.S. historyh was preceded by heavydebt levels, he notes. The chancexs of a double-dip recession will be lower if Ben Bernanker is reappointed chairman of theFederall Reserve, Regalia says. If President Barack Obamaw appoints his economic adviser Larry Summers to chai rthe Fed, that would signal the monetaryt spigot would remain open for a longert time, he predicts. A coalescing of the Fed and the Obams administrationis “not something the markets want to Regalia says.
Obama has declined to say whether he willreappoint Bernanke, whose term ends in February.