24 Quotes by Christopher Thornberg

It's business delayed, not business canceled. They make people aware of what's going on, but it doesn't cause any economic impact. It's a pain in the butt, but they get their point across.

California in 2005 did better than we thought. But my feeling is the employment picture in 2006 is not going to be as good as 2005.

By the middle of the year, the cooling real estate market will take a bite out of employment growth everywhere. The question is, can other sectors of the economy pick up the slack? That is a big mystery right now.

Housing prices are going up because the wealthy want to live along the coast. That's who's driving prices up.

The forecast for California is mediocre at best; at worst we are liable to dip into another recession, ... at least 50% if not more.

The markets are starting to cool, and everyone says we may be sliding down the backside of a hill.