I don’t know if we have reached the “tipping” point. I have noticed a lot less blinged out Hummers and Escalades on the roads. I know the ski boat, RV dealers, and auto dealers are dying out there right now. I know that homes in my neighborhood are all sitting on the market. Etc. etc. I know a correction in happening but I think it will continue very slowly. Home prices are very sticky on the way down. We will need to see some really negative job numbers for things to accelerate faster. Not discounting that though, because I think we are going to.
