and carol locke sat on the couch, drinking a big tall budweiser, he was obviously not an enthusiasticn passed from those guys to the psychedelic generation. >> kesey in many ways was miss janik and he started feeling that acid would allow you to see a larger truth. and he was saying let's get as many people to try lsd's he can. >> we started running halls. we called the thing the acid test. the band, of course, was known as the warlocks. as time went on they changed their name to the grateful dead. >> ♪ in and out of the garden he goes. country gone in the wind and the rain, wherever he goes, the people all complain. ♪ >> lsd was not an illegal drug. when kesey held these acid tests, as they were known, he had two bouts, one was punch and one was punch with lsd. >> the acid tests were like a party. the scene was a lot of light shows, and music, and people dancing. and when the dead were playing, it was a way to feel that acid in waves. and i looked down, and i saw kids in front of me, moving to the music. they looked up at me, and i said, yeah. >> the drug culture really took hold, an

carol: how are you defining diversity? you need diversity in the portfolio in the asset classes and the income streams. if you could lockp a 4.5% return for eight to 10 years in this environment, that's probably reasonable place to be. we do see disinflationary trends continuing but not going back to 0%. having that piece of it -- you have to understand client by client individually. are they more upset by near-term swings in the markets, at which point we will probably err with a higher cash level. can you tolerate that, look at the long-term swings. we have a lot of charts that show on average 80% of the one-your returns in the equity markets are up. in the five and 10-your returns, substantially higher than that but it takes a lot of short-term's to gets along terms. alix: what i find interesting is we have a shakeout. the s&p closed below is 50-day moving average. no follow-through selling. there is still cash interested in putting stuff to work at the right level. guy: yeah. it's also august. we can talk about that in september. carol, if you see opportunities what kind of it dip would you buy? there are lots of pe

carol and many injured then all positions do you does. john payne, who came 2nd, claimed the results. why re some companies are also concerned about last minute changes to electron news and a decision to lock house international observers and foreign john, at least they say, the not confident that the election will be free. all say, kathy saw you all to 0 as the military late as an issue has put the armed forces on jaila due to what they call and increase the rate of attack. it's been a month since the through president mohammed position on saturday. support has all the june to help them much to mock a month since the code. i'm going to just reports from the capital ne, any it was meant to be the biggest silly data to demonstration seems because the stadium may not be for me. but me just coordinators sees the moment hoping to capitalize on onto farm sentiments here. our liberation is never complaints until the last french soldier leads. also, the bring the message of the head of state that will defeat traitors, will defeat and destroy them. you should never let down your guard on july 26, dozens of presidential gods. so just entrusted with protecting the president. over through mohammed ad

seems like all of these efforts are locking him in as the gop candidate and, again, it might even be intentional on their part. elizabeth: what do you think of what carol is, michael? what's your reaction to these events if. >> i largely agree, liz. i think it's it's just further evidence that we have a two-tiered system of justice, one set of rules for donald trump and another set of rules for joe biden and hillary clinton. and we really do need to get back to having equal enforcement of the law in this country. elizabeth: so, carol, when you look at the timing of these indictments, it comes after, you know, basically biden corruption bombshells. ask we've been tracking that, and larry kudlow's been tracking that. what do you make of that angle? >> yeah. i mean, the fact of the matter is that so many people around the country aren't hearing about these things. they don't know what's going on -- [laughter] and, you know, hunter biden, you know, obviously has some judgment issues, so the idea that he's going to be the highly sought after to sit on international boards, a credible purveyor of art that is highly collected, now he's got the illusion of acc