Economic ‘malaise’ may lift on US energy sector: analyst

Dec 05, 2011 | 02:28 PM | Corinna Petry

Tags  Charles Clowdis, IHS Global Insight, eurozone debt, moving metals conference, corinna petry

MIAMI — The global economy is at a dangerous juncture, especially in light of the European debt crisis, but there are reasons for optimism in 2012, including in energy plays and commodities, according to the managing director of IHS Global Insight Inc.

The Washington-based consulting firm has lowered its probability of a double-dip recession to 30 percent from 45 percent. "We think if we’re careful and consumers show improved confidence, we’ll avoid a second dip," Charles Clowdis said in his keynote address Monday at AMM’s sixth annual Moving Metals Conference in Miami.....

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