salary of1,000. liz: but you have to be smart enough. is there way to make insider rules less ambiguous. wayne said moral principle might help. david: it is time, "the willis report." gerri: hello, everybody, i'm gerri willis. right now on "the willis report," mortgage lenders loosen up. only so so credit? no problem. even a 3% down mortgage is becoming popular. also another big shift in health care. doctors not just watching your health. the cost of treatment becoming a bigger factor. and you better watch what you check in your luggage. one airline caught on camera for this baggage abuse. we're watching out for you on "the willis report." gerri: another good day for the marketed. stocks finishing higher the fifth day in a row. don't tell that to the average american because apparently they want none of it. a new survey says five years

after the financial crisis, five long years and we're still a nation wary of the stock market. for more on the survey greg mcbride which released the survey. greg, welcome back to the show. these numbers amazing. this is the major finding in my estimation. are you more or less likely to invest in the stock market you asked america. less likely was the answer from 73% of folks. why do you think people are so gun-shy? >> gerri, we've seen this three years running. we conducted this poll three years in a row. the numbers are consistent, 73% this year. 76% last year as well as 2012. look, i think the reason really boils down to this, for so many individual investors the wounds of the 2008 financial crisis are still pretty fresh. keeping in mind that wasn't the first time a lot of them got burned. they loss got burned in the they can bust. after 2008 they swore off stocks, even now with the market

hitting new highs they have not come in. gerri: greg, we're in the fifth year after bull market. if you invested in the bottom, worst day in the markets after the crash, during the crash, 10,000 bucks you would have $30,000 today. your money would have tripled. people missed out on a terrific stock market run. absolutely. if you didn't invest at bottom. if you hung on and then continued to make those regular contributions, whether it is your 401(k) or ira, you not only would have recovered all your losses but you would be well ahead of the game because the market rebound. you would have ability to reinvest all the dividends over that time. this concerns me, gerri. burden of retirement savings is increasingly on individuals. @, people don't save enough and b, that problem is compounded when you hunker down in safe haven invests and don't harvest higher returns over the long

term from things like the stock market. gerri: what is going on? are they parking money cash? are they buying bonds? where is their dough going? >> bonds have a lot of inflows into the bond market over the past several years. another popular place, savings accounts, money market deposit accounts. liquid cash investments. >> returning nothing, my friend, nothing. exactly, inflation you're losing money. >> absolutely. you're losing buying power. that is my concern. people are focusing on the wrong risk. they're jeopardizing long-term financial stability because of concerns about potential for short term market volatility. you know, you don't save enough but that problem gets worse, if you're not harnessing higher returns that come with taking a little bit of risk. gerri: i hear that, i see this in my email. i see this on my twitter feed. people are still gun-shy, don't trust the markets. this is pretty eloquently i think. this is about risk and about willingness to take risk.

and not seeing risk where it actually lies right now. if we were looking foreanother bubble you have to say it is bonds, right? >> without a doubt. look at valuation of government bonds at knows bleed levels for years. where do people put their money? they put their money into the bond market under the guise of safety. they think that money is safe. your biggest risk over long term is not short-term swing in the markets. long-term biggest risk you don't save enough or get enough return and let inflation eat away at the value what you have mentioned to put away. people need to refocus risk away from short-term volatility and look at longer term risk and that is inflation eating away what little money they saved. gerri: greg, couldn't agree more. bankrate.com have the survey. thank you so much. >> thank you, gerri. gerri: we want to know what you think. here is our question tonight. the stock market, are you in or

are you out? what do you think? go to gerriwillis.com. go to the right-hand side of the screen and i will share the results at the end of tonight's show. if you're out of the housing market and want to get back in in 10 minutes rick he ric edelml be here how to do that. housing market, it is great news if you're buyer or somebody that wants to buy. many banks changed rules for borrowers, using tighter lending standards put in place after the housing bull. for more on this, nick timeros from "the wall street journal." thanks for joining us tonight from washington. you're normally on set with me but it is good to see you. i thought this was a terrific story. sounds like banks are finally loosening the purse strings and especially first-time buyers have the opportunity to get into the market. >> thanks for having me, gerri. that is exactly right. we're seeing couple things happening in the housing market.

home prices stablized. as we talked about before, they're going up. that gives lenders more confidence to ease standards. more lowdown payment mortgages being made. that is helpful to first-time home buyers. after last summer, refinancing went off a cliff. banks were fat and happy refinancing same borrowers over and over. so they weren't making as many new mortgages. now that the refis are over, they are getting competitive. that means looking to people with good, not great credit. and getting out there and selling themselves a little bit more. gerri: so they're lowering the bar, the average credit score for mortgage as this year, 755. last year 761. that doesn't seem like a big difference to me. is it? >> no it is not. it is a change at the margins. but this is important even those are still very strong credit, those are for average loans,

backed by fannie mae and freddie mac a little lower for loans through the federal housing administration. 684 down from 696 a year ago. it means things have stopped getting tight. every year since 2009, lenders have been tight. this is a sign maybe the credit spigot will open up a little bit here. that should help the housing recovery because it needs more traditional buyers as investors pull back. gerri: absolutely right. we got so used to having the professionals, pro, the investors in paying all cash. there is opportunity for people, real first-time buyers. you may not compete with all cash buyers. you may be able to compete with people like yourself which should make it easier. nick, when you see this, do you see this as sea change for big banks or little guys doing the

same that? >> a lot is driven by little guys. if you're out there trying to get a mortgage, most big banks are selling their production to fannie mae and freddie mac. like i said before the federal housing administration. they make sure you fit within the four corners of the box. credit unions and community banks may be more forgiving. maybe stuff outside of the box. maybe a condominium, maybe you had credit problem because you lost a job. credit unions and community banks tend to put the loans on their books. they aren't selling those into the secondary market. they may be more flexible on different requirements that a big bank may say, sorry, i'm not doing that right now. >> you mentioned credit scores. maybe getting condo, regular house. another arena they're loosening up, down payments of 3%. that is certainly a big change for a lot of folks out there, nick. >> that's right. in fact the fha had 3 1/2% down

payment mortgages throughout the crisis. what is different that it isn't easier to get the loans but there are more options. private sector options for 3% down mortgages or 5% down mortgages. fha jacked up insurance premiums a year ago. it became more expensive to do an fha mortgage. what you're seeing private sector comes in especially people with better credit, they're making loans available at lower prices. businesses move away from the government and fha. if you have a good credit score and not a lot of money to put down you probably have more options than a year ago if you're looking for a mortgage right now. >> that's well putt, good news for people that want to buy house. you might get a loan. that is great news, nic. appreciate your time. >> thanks for having me, gerri. >> here is more good news for taxpayers. today is tax freedom day. tax freedom today is the day as

a whole earned enough money to pay the total tax bill for entire year, including federal, state, local taxes. america's tax bill for 2014, check it out, $4.5 trillion. this is a lot money or 32% of the nation's income. according to the tax foundation this event is three days later from last year because of our slow economic recovery. to get a better idea of our tax burden, americans will spend more on tax this is year, than food, clothing and housing combined. ouch. i don't know whether to celebrate or have a pity party. more to come this hour, including how the health of your wallet could influence what kind of advice your doctor will give you. for long-term unemployed, finding a job is a challenge but keeping a job may be harder. we'll explain coming up. ♪

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you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com gerri: for long-term unemployed americans keeping a job may be just as hard than hard finding it in the first place. research says once you're out of the job market more than six months your chances of keeping that job is tougher. here to weigh in moody's

analyst, john lonski. great to have you here from the moody's camera. let me explain this research for a second. if you're unemployed six months or longer, 23% of those folks get a job but a year later, 36% of them are unemployed again. how come? what's going on? >> well could be that because of the earlier long tenure of unemployment, they have lost skills. as a result they're more vulnerable to a lay off once business slackens off. i think the important underlying message here this, very much remains the limpest, the dullest economic recovery since the second world war. business sales are not growing rapidly enough so we more fully employ labor over period of time of. gerri: tells me the jobs market is not producing jobs that are

worthy. where are the great jobs that people will land. they're getting into jobs that frankly they're probably overqualified for. no wonder they're losing them? >> all you have to do is look at some of the income numbers. usually when we have the types of improvements we have had in the labor market of late in terms of a deeper than percentage point year to year drop by the unemployment rate, now 6.7%, also, in the past, when we were looking at payrolls growth, of 1.6% or a little bit higher, we would also observe growth by real attacks income of 3 to 3 1/2%. well guess what? real incomes perhaps right now are growing no master than 2.25%. that follows a miserable showing during the earlier part, earlier part of this recovery. in fact for the recovery to date, instead of growing by 3 to

3 1/2%, real incomes are growing by just 1 1/2%. gerri: yeah i think it is flat. >> that is testimony to lousy jobs growth. gerri: it is flat. we're seeing inflationary pressures here. people tell me, look, my money isn't going as far. i may be making same money i was a couple years ago, but at the end of the day it is not going as far as i like it to go. i have another question about the jobs market i want to get to. which is this temporary work situation. a lot of people are stringing together temporary jobs, one on the other, never getting full-time employment. what does that do to the quality of your workforce overtime? only way people can be employed is to have temporary jobs. so they don't have benefits and they don't have health insurance. there is no 401(k) option. what is the ultimate impact of this? >> you would hope they save more in order to compensate with a lack of lack of a retirement savings plan, offered by the employer or health insurance. they may be forced to save more for health insurance according

to health care reform. gerri: wow. >> this is quite troubling because what this tells me is that these individuals will be much more cautious with spending especially big big-ticket itemse housing going forward, for the simple reason that they face much more employment uncertainty on a day-to-day basis. gerri: that is even another drag on the economy. interesting stuff. >> i would think so. gerri: thanks, for coming on the show tonight. always good to see you. thank you so much. >> my pleasure. gerri: coming up, we have, you got to see this airline video. it has gone viral. those are your bags falling down on the ground. wait until you see, these two baggage handlers under fire, just how safe are your belongings when you travel. we answer the question, how do you do that? how do you get back into the stock market after sitting on the sidelines. we're looking out for you and your wallet coming up.

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i'm taking off, but, uh, don't worry. i'm gonna leave the tv on for you. and if anything happens, don't forget about the new xfinity my account app. you can troubleshoot technical issues here. if you make an appointment, you can check out the status here. you can pay the bill, too. but don't worry about that right now. okay. how do i look? ♪ thanks. [ male announcer ] troubleshoot, manage appointments, and bill pay from your phone. introducing the xfinity my account app. gerri: little earlier here we spoke with you about the faith in the stock market, forethose who believe buying stocks is essential component to retiring comfortably. there is right way get back in the market. author of the truth about retirement plans and iras, ric edelman. thanks for coming on the show, ric. >> thanks, gerri.

gerri: i know greg said it was bad last year too. my view, 73% of folks say, i don't believe in the stock market? really? why are people so really anxiety laden about this. >> two reasons. one they're frozen in the past. they remember what happened in 2008. not just amount of money we lost but the speed which with we lost it. most americans were shocked how bad it was. they're frozen in time. >> if you stayed put now, would you be whole and -- >> but they didn't stay put. gerri: and then some. >> but they didn't stay put, gerri. out of fear and panic they sold 2008 and 2009 vowing never to return and guess what? they have never returned. gerri: listen to this, this is factoid you like. if you had $10,000 invested in the s&p 500 on march, 9th, 2009, worst day ever, awful, awful, stocks in the tank it, would be worth nearly $30,000 today. would you have nearly tripled

your money today. >> that is the real crime of it all that people missed out on the economic recovery, instead by selling in 08-09. they locked in their losses. the pain is as real today as it was then because they're still down65%. gerri: harder to get in because you're getting in at higher prices and paying higher multiples. >> this is what they're thinking. this is reinforcing their fears. in addition to the fact that housing prices are higher. true. but so are gasoline price, college prices, health care prices. unemployment is still bad. i don't like what is going on in washington. all of this is triggering and reinforcing their attitude i want to stay out. gerri: a lost boomers in the so being market, people wealthier and college educated they are 10 years from retirement, five years on the cusp of retirement that is the very point that the market decides to plummet like a stone. >> with our bad luck, bad timing it occurred at the worst moment

for most of the boomers. tough get past that. you have to recognize that volatility is just part of what happens in the market. it is not a reason to stay out of the market. you know what the funniest thing is? nobody ever objection to upside volatility. >> if it is going up fast, nobody cares? that's fine. >> right. so only when it goes down people get upset. you have to understand, if you're not willing to take the down, you will never enjoy the up. gerri: let me ask this question, experience of people boomers had. dollar-cost-average. rules of the game. buy over time, always buying, always buying. but reality is you get biggest bang for your buck when the portfolio is the largest. it is growing like topsy even in an so so market as you get closer to retirement. so the delta is really at end of that life cycle. >> yes. gerri: that is the problem for some people out there. >> right. gerri: they are most at risk when they can at least afford to have the risk, you know what i mean? >> very much so. what you're describing the

hockey stick. gerri: yes. >> we refer to the curve, the point in the hockey stick where prices are about to skyrocket, that moment people hit late 50s, early 60s, just at moment things will get really exciting they bail. gerri: but that is exactly the point when the market tanks like a stone. they could least afford it, right. >> you can't afford it. you can afford it, gerri. when the market tanks like it did in 08. sit and wait. it will recover. gerri: hopefully you don't have to retire exactly at that moment. it open as window on a problem we haven't solved with financial planning in my view. is that, moment, that cusp of right at retirement when you, do you still, are you still 64 -- off/40, 50/50. what is your asset allocation at that point. >> that is key question. you should not be 100% equities at age 60 you shouldn't be zero. that is where millions of americans are. gerri: i could have you stay for the whole hour. a pleasure having you here. >> a pleasure.

anytime, gerri. gerri: get his book, the truth about retirement plans and ira's. there is picture of the cover there. >> thank you. gerri: popular startup is valued for billions but also in big trouble with the new york attorney general. we're covering your assets. next, high-stakes at high court. we get details how the supreme court is about to change the future of television as we know it. can you say aereo? ♪ all stations come over to mission a for a final go.

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anbe a name and not a number?tor scotade. ron: i'm never alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: ranked highest in investor satisfaction with self-directed services by j.d. power and associates. gerri: more and more medical groups are urging doctors who are members to consider costs when it comes to patient care. the rising price of health care can no longer be ignored. but is this the right approach? joining me now, resident fellow at the american enterprise

institute. welcome back to the show. is this the rationing we have heard so much about under obamacare? is it implemented by the doctor associations who serve us? >> if you look at all of the payment reforms on how doctors get paid under obamacare, basically doctors are givivenenp sumstakeke care of patients. it is a throwback to the next 90 styles of hmo where doctors get a lump sum of money. you have 1000 medicare patients, we will give you $10 million to take care of them. it will come out of her own pocket. how the financial onus is on doctors to conserve the amount of care they deliver so they have some money left over. gerri: it is like them against

us. the physician pay but also my care. >> that is right. he is referring to the payment reforms in obamacare that transfer the financial consideration away from the patient and away from the patient on the doctor. the least transparent place for it to reside. a doctor is trying to pinch pennies. gerri: there are lots of solutions to it every or physical problem is in the doctor's office but he might choose the cheapest. a drug for an eye disease so many elderly folks get. which one is going to be more effective for you? you may not get it. >> that is a good example.

it is debated which drug is better. this facility formulated for injections which the drug gets delivered. this is a kind of things i have to look out for. giving guidance to physicians on where to way the decisions now that are being forced to do it. gerri: all of these associations that represent different dr. specialties are getting in the business you just described. here is what we find. these societies, these associations, these groups factor in cost giving guidance on how doctors should treat patients. >> i think they feel they have to. i don't have a are doing it because they have to. they feel it is a necessity. these things will be dictated to them. you have to factor in these

considerations, giving money to give patients. they will have to figure out how to economize. taking care of the patient adequately to have something taken over. it puts the financial risk on the doctor. gerri: being railroaded into some cheap solution that maybe isn't best for you. >> it will be hard, in many cases these insurance schemes may not let you go to an academic medical center and get a second opinion. it lacks access to good insurance, but it will be difficult because you may not know what wasn't offered to you because somebody else worried about cost and their own bottom line. liz: thank you for coming on. i guess you can get the insurance, you just can't get the care that you want.

this story, i follow it because i love it. a battle between broadcasters and the internet, and you are in the middle of it. the supreme court will hear arguments of the television streaming startup is violating broadcasters copyright. senior washington correspondent peter barnes has more. peter: broadcasters say this case is a make or break fight for survival. billions at stake, they say it is simply a video pirate. but this in this case is about technological innovation, it's just created a new modern day antenna for your device that facilitates your viewing like a vcr or a dvr for $8 per month, captures the over the air tv signals that broadcasters still provide viewers for free through digital tv antennas, it stores them in the server and streams copies of them over the internet to computers, smart phones and

other devices on demand within seconds of live or recorded for later viewing. they do not pay anything for the tv networks including fox, so it is a basic copyright case. they license it themselves, generally if a show is broadcast publicly and widely committees created to be paid something, but if the performance is for private viewing by a lone customer or small group, they have said the creator is not entitled to a payment. now the high court has to determine what the service is. one person, one at a time or simultaneous broadcast to a lot of people over these devices. broadcast to the public. gerri: a lot of people forget the broadcast networks broadcasting over the air.

you can catch it, that is what the company is doing. i get it on my ipad, it does not work everywhere. it has limited usability. a lot of people are big fans. how long will it take the supreme court to figure it out? and secondly, what happens if the broadcasters lose? >> the court will decide by this summer, and if the broadcasters lose, they have said they might start their own online pay streaming services or they might even take their free over the air broadcast and turn them into paid cable channels. one way or another, you would pay for it. gerri: interesting story, thank you for your time. tips for protecting our baggage when you fly. and coming up, why want the company fund-raising blitz

putting a spotlight on other startups. covering your assets next.

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nenew yoyorkrk i is s rankn for new private sector job creation. and now it's even better because they've introduced startup new york - dozens of tax-free zones where businesses pay no taxes for ten years. you'll get a warm welcome in the new new york. see if your business qualifies at startupny.com

gerri: are bm it has raised $450 million in a fund-raising melanocyte at $10 billion. it is a website. making the company one of the most valuable startups. so what does this mean for the tech sector as a whole? financial panel, author of "you can never beat to rich." and founder of harrington capital management. i will start with you. that kind of valuation on airbnb? five years ago where was this company? is this a real company? >> it is a very real company.

i don't know about valuation, but this is a testament to the valuation by such an injection of capital to the tune of $450 million but this company in san francisco has made significant and roads for people who want to list their property for vacation rentals and it has taken a lot of share away. gerri: it does a great job, but it gets this kind of valuation from investors? why so high and what the detailt tell you what the rest of the tech land? >> everybody's furniture will eventually be a contender in the hotel market. i don't necessarily disagree with the valuation if you agree with the long-term prospects of the company and the enormous audience they can tap into. gerri: they are valued higher

than major hotel chains. all they do is match buyers and sellers. that is all they have going for them. i think every once in a while you have to ask questions like this. >> when the hype is high, the valuation can be high. you have a new shiny thing. not that it won't become a very legitimate business, but do you overpay for anything even if it is a legitimate business? do you take $200,000 house and pay $1 million for it even though it is a great house in a great neighborhood? that is the situation really right now. thiit is probably overpaying for something that may be a viable stream of income that will perpetuate into the future. gerri: i am sort of shocked by this. but you think this makes all the sense in the world. the tech stocks have been on fire until they had a severe

correction. let's take a look at how some of the huge mutual fund companies are all jumping on board, going to silicon valley investing directly in some tech stocks. is that a good idea? >> mutual funds are only allowed to invest 15% of their assets and the start of companies. and a lot of retail customers that really do want to get involved in the start up. if you're going after growth and have five years or longer before you need your money, as long as you understand you have some risk, it doesn't bother me much. it is a good upside potential. as long as they are spreading their best across the maximum, don't think it is such a bad bet. gerri: this is what the professional investors do, right? they are investing in this very kind of thing directly, maybe this is the way of the future

for individual investors. >> it is good for harvard because the heavy excess capital to play with. if you have 100 million, 200 million plus to invest income he can can spread it around. they can fly so high they make up for the others that failed, your average investor has a hard ng t the v vololatatililitity oe s&p 500 much less volatility with these investments. my concern is the don't understand the risk associated with these investments and would do poorly within them. gerri: you make a very good point there. we were talking earlier in the show, 73% of americans have not gotten back into the stock market since the disaster that was five years ago. what do you say to them? >> the stock market in the united states is and will be the

only game in town for outsized returns. you need to be invested in the market with fixed income rates and bank rates being so low, you just need to be cautious and smart about entry points, diversification's of your overall portfolio so you don't have all your eggs in one basket. >> not being in the market trying to grow your money is a recipe for certain failure because you cannot grow it anywhere else over a long period of time. for some way to have a chance of success of growing their money we have to be invested in the market. you should learn a little bit about other investments. structured cd protecting you on the downside. you can do things in your portfolio with some options. some of these things scare

people but with a little bit of education, a risk-averse investor can relate that wisely on the market with a little bit of education. >> you have to outpace inflation. if you don't think about the stocks, you will lose money by default. i would say if you have not gotten up until this point, you may wait for corrections to happen before getting in. i would advise that. you still do need to be in stock market a is a part of your life. gerri: thank you for being on the show, great to see you. still to come, my two cents more and bag handlers caught on tape dropping luggage 20 feet. we will have the details. you've got to see this video. stay with us. up your game. up the ante. and if you stumble, you get back up.

up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. gerri: caught on tape, two bag

handlers are caught tossing luggage off a staircase. how to make sure your luggage is safe coming up.

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and if you switch, you could save up to $423. liberty mutual insurance. responsibility. what's your policy? gerri: when you fly can you expect the airline staff to treat your belongings like it were their own. imagine one man surprise when he looked outside his plane window to see air canada baggage handlers throwing, tossing luggage several feet below. what will happen to these workers at how can you make sure your luggage is safe when you travel? we have seen it, it is pretty darn dramatic. it makes me wonder, isn't this standard operating the

procedure? >> i hope it is not. this is right outside the airplane. one of the things his folks who did not board early in the process had to leave their backs out front, they were throwing them down to get them back in the cargo hold that is one thing you can do to protect your bags, with these employees need to be let go very quickly not only the person throwing them, but anybody letting it happen. the thing is the underbelly's of these airports, we don't know what is happening, and it makes you wonder. gerri: so to be absolutely safe check your luggage so they are not adding it at the last minute, is that right? >> a couple of things that happen. if you have any kind of glass. if you have wine or some sort of spirits or something, they will be in class in your bag. i don't know if you have priced

a bag lately, 100, 200, $300. you don't want people tossing it around so much having to buy a new one every four years instead of every five or six years so they are expensive pieces of equipment. i have traveled hundreds of thousands of miles, i never checked the bag. i know your entire had to check a bag is golf clubs. i need to have a hard case that is 20-foot proof to make sure that is going to get there. gerri: there is a reason, you are a guy. what do you carry. for people like me, for women you have to bring a lot more stuff. you can fedex them. >> i think they probably treat them with a little bit of bruising from time to time. gerri: they say we apologize for the totally unacceptable mishandling of the baggage captured on video.

it is terminated pending the outcome of the investigation. the actions do not represent the vast majority of our employees who work hard every day to take care of customers. i think what you say makes sense. check the bags you are not in this situation. >> a lot of people when they do check it is self-service check. make sure it has or airport code on it. if somebody's helping you, very rare these days, make sure they take it matches up your destination. that is where most of the mistakes occur. the best he can do is watch the bag at the back of the gate. and five or 10 years, every one of these will have a radio tag on it, you will have your cell phone and make sure it is in the hold it aircraft. we just have to wait four or five years.

gerri: thank you for that. that makes me feel better. wouldn't it be nice to hop a flight and flight of an island for some fun in the summer. even better, your own private island. listen up, private islands for sale. harbor island in maine. it is gone for $3.8 million. properties over 25 acres and a cabin and deep water dock. number four. 20.5 million located off the coast of florida. the spanish style estate. and a guest wing including self-contained bedrooms. number three. the british for sale. number two, $33 million. put your own personal touch on this undeveloped island in the bahamas.

it has three interior lakes. the number one private island for sale in montana. who knew montana had the day islands. being offered for 59.5 million. currently the largest private home in montana and is near glacier natural park. we will be right back with my two cents more and answered the the question of the day. stock market, are you in or are you out? stay with us. [ laughter ] smoke? nah, i'm good.

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i never think about my hearing loss again. showering is not a problem. traveling is not a problem. they're hassle free, they're 24/7, there's no maintenance, there's nothing to do. there's just absolutely no reason not to try it. 100% invisible hearing is wonderful. finding one that works 24/7 with no daily hassle is just too good to pass up. so call now and ask about your risk free 30 day trial. get a lyric in your life. gerri: we discussed bank rates new survey showing 73% of americans say they are not more inclined to invest in the stock market right now. so the stock market, are you in or are you out? here's what some of your posting on my facebook page. the only place to make money, invest to spread my risk. good strategy. julie says you have to have money to play at the wall street casino and we don't have any extra money that is not needed

to keep our farm and ranch going. surviving is more important than investing. we also asked the question on gerriwillis.com. 45% said you are out. log onto gerriwillis.com free te online question every weekday. finally tonight, happy tax freedom day. yes, this is the first day of the 2014 calendar that you are actually working for yourself. april 21 march the day americans have earned enough to pay off their total federal state, local tax bill and the day arrives three days later than last year meaning your tax burden is higher, spanning more on taxes this year than food, housing and clothing combined. americans will pay $3 trillion in federal taxes for a total of 1.4 trillion. tax freedom day. nearly four months into the new year seems a long time to wait for it for me.

and that is it for "the willis report." have a great night, we will see you tomorrow. ♪ neil: why is the faith and stocks tanking? welcome, i am tom sullivan sitting in for neil cavuto. a new survey showing three out of four americans are not more willing to jump into stocks. that is even with the dow doubling under president obama. my next guest wondering if people are doubting the market because of president obama. stephen moore and jimmy weinstein. steve, let's start with you. the market has done very, very well. the fed kee p