RE:Market Is Going Defensive - LB NOW IS DEFENSIVE
I agree with you almost All of your points, but the slow down in economic growth might come as early as next year. I have been buying this stock in the last few weeks with costs varying from 40.66 to $37.85. I'm not expecting to own a stock at Rock bottom price as that would be unreal. One thing I do see here is value in parking some of my play money in LB during predictable time such as the present.