Target and Lowes Warn Lower

Could this be a sign that consumers are finally slowing their spending down?

Target, the No. 2 discounter behind Wal-Mart Stores Inc (WMT.N), on
Monday said that it now expects sales for the five weeks ending October 6 to
rise only 1.5 percent to 2.5 percent, below its previous forecast of 4 percent
to 6 percent.

Also Monday afternoon, home improvement retailer Lowe's said
earnings for the current fiscal year would be at the low end of or slightly
below its forecast range of $1.97 to $2.01 a share.

I guess people can only buy so many flat screen TVs and 50 piece drill sets before they think about paying their ballooning mortgage payments instead.