Bruce Norris is joined this week by Dr. Christopher Thornberg. Dr. Thornberg founded Beacon Economics, LLC in 2006. Under his leadership, the firm has become one of the most respected research organizations in California, serving public and private sector clients across the United States. In 2015, Dr. Thornberg also became director of the UC Riverside School of Business Center for Economic Forecasting and Development. He is also an adjunct professor at the school. He is an expert in economic and revenue forecasting, regional economics, economic policy, and labor and real estate markets. He also consults for private industries, cities, counties, and public agencies. Dr. Thornberg became nationally known for forecasting the subprime mortgage market crash that began in 2007; and he was one of the few economists on record to predict the global economic recession that followed.
Bruce and Christopher discuss quantitative easing, the Fed reduced balance sheet, their effect on the economy, GDP growth and where it is headed next year, interest rates and whether they could go negative, what could cause the next recession, the short and long-term impacts robotics, AI, and 3D printing could have on the economy, and much more on the real estate radio show and podcast.
The Norris Group would like to thank its Gold Sponsors for supporting I Survived Real Estate: Guaranteed Rate and Nathan Chabolla, In A Day Development, Inland Valley Association of Realtors, Jason Thorman with Coldwell Banker, Jennifer Buys Houses, Keystone CPA, LA South REIA, Las Brisas Escrow, Lawyers Title, Michael Ryan & Associates, New Western, NorcalREIA, NSDREI, Orange County Real Estate Investors, the Outspoken Investor, Pacific Premier Bank, Pasadena FIBI, Pilot Limousine, SJREI, Spinnaker Loans, South OC REIA, Tri-Counties Association of Realtors, uDirect IRA Services, White House Catering. See www.isurvivedrealestate.com for event information.