she is susan fulton president of fbb capital partner. good to have you with us, i was intrigued by the idea that we spend too much time worrying about what everybody else is worrying about and not enough time worrying about what we should worry about. >> well, we're worried about inflation. and i don't think we ought to be. we're not worried about de-flation, there are several things that could put us in trouble that way. one is gasoline prices. i see them continuing to move up. and that is going to be -- >> the deflation? >> what happens is, gasoline is a tax on our consumption level. and it takes -- it is like food and housing. if you have to spend more on it you have less money for anything else. so it is not a discretionary item. it is an item that you have to do to get to work. and at least historically if you look backward when gasoline prices have gone up we have had major economic problems in the stock market. and i would use as an example 2008, the first time that our firm saw that the world was going to be in trouble was when g

with jack bouroudjian from index financial partners, david from mainstray capital management, susan fulton from fbb capital partners and our own rick santelli joining us as well. david, as we go into the summer here and the market continues to incrementally go higher here, you're advocating just, look, put your eggs in all the baskets right now. i mean, diversify as much as you can just in case, right? >> yeah. you know, 2013, it was easy. we bought the high momentum stocks, we bought small cap growth, biotechnology. you could really throw caution to the wind and do very well. this year we've pulled back our horns and really have looked at this more as we want to hold our own here, be careful, be diversified, large-cap value, small-cap growth, broaden across sectors, diversify internationally, but our favorite sector domestically is still the energy sector. >> okay. >> susan, and we're actually going to talk about some of the energy policy changes that are, that aren't happening in just a little bit, but in the meantime, you know, we get these reports about how the u.s. economy did in the