Second recession deemed possible - Phoenix Business Journal:

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Those odds may seem low, but they’re actually high sinc double-dip recessions are rare and the U.S. economy growz 95 percent of the saysthe chamber’s Marty Regalia. He predictsx the current economic downturn will endaround September. the unemployment rate will remain high through the firstt half of next year andinvestment won’t snap back as quickly as it usually does after a recession, Regalia Inflation, however, looms as a potential problem because of the federal government’z huge budget deficits and the massivde amount of dollars pumped into the economhy by the Federal Reserve, he says.
“The economy has got to be runningv on its own by the middler ofnext year,” Regalia Almost every major inflationary period in U.S. historu was preceded by heavy debt levels, he notes. The chances of a double-diop recession will be lowert if Ben Bernanke is reappointee chairman of theFederal Reserve, Regalia If President Barack Obam appoints his economic adviser Larry Summers to chair the Fed, that woulds signal the monetary spigot would remai n open for a longer he predicts. A coalescing of the Fed and the Obamw administrationis “not something the markets want to Regalia says.
Obama has declined to say whether he willreappoinyt Bernanke, whose term ends in