NEW YORK CITY-The economy has cleared some major hurdles on its way to true solvency in recent weeks and months, including the so-called fiscal cliff. But to the extent that uncertainty still prevails, and much of that uncertainty centers around the still-battling bureaucrats of the Beltway, the economic picture remains hazy.

That was the upshot of a IHS’ Global Insight‘s Monday webinar. Chief US economist Nigel Gault started by framing the entire good-news/bad-news scenario:

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