Hefty Predicts Another Recession

By Scott Sarvay

August 11, 2010 Updated Aug 11, 2010 at 5:01 PM EDT

AUBURN, Ind. (Indiana's NewsCenter) - David Hefty, CEO of Hefty Wealth Partners in Auburn, gave a "Half Time Report" on the U.S. economy.

He talked about where the country is headed the rest of the year.

He says the latest recession ended in July. But says we should prepare for a "double dip recession" at the beginning of next year.

He says that's why managing your finances and having a plan are "key."

He says anyone can come through the recession but only if you take a "pro-active approach."

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