LostCat said “I just don’t see how this sag can last longer than 2 more years. It already had 2 years in the bank.”

An analogy for you….the last 2 years have been like getting a fully loaded aircraft carrier into reverse after it was steaming at “all ahead full”.

We haven’t seen anything yet.

Prices are still somewhat “sticky” right? Capitulation needs to set in before we get anywhere near close to a “bottom”.