Last Updated: August 30, 2011 02:57pm ET

Video: This Is Not a Double Dip

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NEWPORT BEACH, CA-There isn't any one large thing in the economy that is going to throw the country into another recession said Chris Thornberg, a founding principal Beacon Economics. In fact, he expects an overall turnaround over the second half of the year, speaking with GlobeSt.com's Bob Howard at the recent RealShare Orange County conference.

They also talked about:

  • The overall economy in California.
  • The California residential market.
  • The importance of lowering California housing prices.

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