Second recession deemed possible - The Business Journal of the Greater Triad Area:

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Those odds may seem low, but they’re actuall high since double-dip recessions are rare and the U.S. econom grows 95 percent of the saysthe chamber’s Marty Regalia. He predictes the current economic downturnb will endaround September. However, the unemployment rate will remain high througb the first half of next year and investment won’t snap back as quickly as it usually does afte r a recession, Regalia says. however, looms as a potential problem becausee of thefederal government’s huge budget deficits and the massiv amount of dollars pumped into the economgy by the Federal Reserve, he says.
“The economg has got to be running on its own by the middlr ofnext year,” Regalia says. Almosty every major inflationary periodin U.S. history was precedee by heavy debt levels, he notes. The chancexs of a double-dip recession will be lower if Ben Bernankd is reappointed chairman of theFederal Reserve, Regali a says. If President Barack Obam a appoints his economic adviser Larry Summers to chaifthe Fed, that would signal the monetary spigo would remain open for a longer time, he A coalescing of the Fed and the Obama administration is “not something the markets want to see,” Regaliw says.
Obama has declined to say whethef he will reappoint whose term endsin February.