weinstein company estimates the value of the opportunity actually at around $30,000. experience matters. >> yeah, it's the marketplace. "the willis report" is next. cheryl, you're looking at the new term the fed is using calling secular stagnation. i hate the new fed terms. >> always coming up with something to get us. stanley fisher is concerned about this. you interviewed him more than once. i'm curious what you think? >> he had run the israeli central bank and had done a good job when it came to high inflation, secular stagnation makes me worry a lot. >> we'll have stephen moore, you know him about coming up on "the willis report." thank you guys. coming up today on the show, breakout the salt shaker. the new report says a low-salt diet may be as dangerous as a high-salt one. subprime mortgage loans, sucked the economy, led to a great recession, why are we

seeing subprime auto loans? we are. kids are heading to school and you're headed to the mall, credit card in hand. we'll tell you where to find the best deals. "the willis report" where consumers are our business starts right now. we begin with a shake-up in the food fight over salt. a new study that just came out suggests that healthy people cutting back on sodium may do more harm than good to their bodies and maybe to the bottom lines as well. this delivers a major blow in the long runs debate over how much salt americans should be having? salt, a billion-dollar business. is it time to pour on the salt? here to weigh in are nutritionists. the reason it caught our attention, the food industry overall, multibillion dollar industry and another study says we need to eat differently. what do you say about the findings in this one? why is it so different? >> different only because it's

saying that individuals should be lowering their sodium intake could be not recommended. that's what we've been telling people to do. if they consume less than 3,000 milligrams a day, this study found that potential risks for cardiovascular disease could increase. but you know, it's one study, one study. >> and also, it's the way the study was actually done, and i think this is why this is such a great consumer story in the fact we get the study, smoke this, don't smoke this, eat this, don't eat this, work out, don't work out. heads are spinning at this point? >> definitely heading are spinning for sure, because we're told not to have a lot of sodium, now if you lower it too much, that's not good. the message really should be, we shouldn't focus on one nutrient. focusing so much on sodium. this one study also, all we did is take one urine sample. that was it.

i don't think that in the study they even looked at what were they eating overall. what were -- not sodium foods but eating fruits and vegetables? what else was in the diet? how much exercise were they getting? were they getting enough sleep? >> in particular, a snack food company like pepsico has the frito-lay brand underneath, they have been trying to reduce sodium levels does. this fly in the face, create a problem for pepsico who is trying to great healthier snacks, does the study disrupt their thinking? >> i don't think so. nobody is consuming less than 3,000 milligrams a day of sodium. the average consumer is consuming 34 to 3900. current recommended guidelines are 2300 milligrams a day. i don't think people should change their thoughts. there have been other studies that have shown that high

amounts of sodium actually do increase cardiovascular disease, and i think that's what we need to remember. there is consensus on that. this study that you are referring to found it on both ends of the scale. too low is necessarily not good but too high wasn't good either. >> another way for the food police to say leave me alone, if i want a cupcake, i'm going have a cupcake. and have you mayor bloomberg in new york city. regulations, laws put on the books that say i can't have a soda or a cupcake. >> we should be discussing our energy on what people should be eating and should be eating a diet filled with fruits and vegetables, whole grains, they want the cupcake, have the cupcake, we shouldn't focus so much on what we shouldn't be having and focus on what we should be having. >> are there general studies that you do pay attention to as a nutritionist?

we want to live healthy lives and make a lot of money in our 401(k)s. >> we want everyone to live a nice long life. you have to look at context of the study. the length of time. how many people in the study. this was an observational study. a lot different than a random controlled study. i tell viewers don't get hung up on that either, pay more attention on eating a well-balanced diet and enjoying the occasional french fry with a little salt. >> or five french fries. thank you very much. >> you're very welcome. >> this as i'm sitting in a studio with a couple of guys behind the camera eating cheese fries. joe, cheese sticks! packages of junk food consumed in the studio. not happy. let's switch gears, new figures showing that homes are becoming less affordable for families across the country. still, buying a home is within reach for a majority of the

population of americans but with national home sales slowing down and prices flattening out, what does this all mean for the housing market? with us is the president of holster property in new york. what do you make of this? 50% of homes sold through april through june were affordable for most americans. are we seeing a shift now? concerns that the residential market is not coming back, there's problems out there. what do you say? >> anecdotally, in new york, the real estate market came back pretty strong quickly. arguably we were last in, first out of the recession. price points of what's considered luxury and affordable vary from market to market. in new york city, the average home price is a million five, considered a luxurious purchase for another city. >> the issue of affordability. what we saw over the last four

to five years is construction of multifamily homes and these were rentals. a lot of new yorkers can't afford to buy, but a lot of americans can't afford to buy as well either. >> right. >> seems that's the trend we're seeing and the developers have been jumping on the bandwagon to build. >> sure. speaking generally, the rental market and the sales market work inadversely of one another. when prices are high, rents tend to be flatter, lower. sales market is low, rents rise. in new york, it's particularly challenging to go building because we deal with two major things. acquisition of land, which can take years and decades to build a 60, 70-story building and also just the sheer infrastructure, the amount you have to go through underground to get to bedrock to build that building. in new york we have a decent mix of rental and condominium product come to the market since recession.

in many cases hyperluxury buildings. >> and again, that is the new york city buyer. at the same time, a lot of the developers are frustrated because they're trying to build in new york and getting hit with regulations, in particular with our new mayor here, mr. de blasio who thinks that everyone who can afford to buy a home should buy one for the low waged worker next door. >> in defense of mayor de blasio, what i think he's looking to do is add housing units to our city, which is something we desperately need. it's a growing city. >> why? what about the free market? if you can afford to buy in new york city, fine. if you can't, you can't. it's harsh, but -- >> we have a free market in new york city. we see products across the board, large, small. what's happening hyperluxury because of the cost of land acquisition, what most developers are telling us in order to return a profit on the buildings i've got to build hyperluxury product.

15, 20, 80 million dollar product, that is a very, very limited audience as you can imagine. what we're finding is the best solutions are projects that are city, state and private development partnerships. great development would be gotham west on the west side of manhattan, it took a decade to get it off the ground. gerri:. >> it's a little rough neighborhood. >> former industrial neighborhood. >> little down and dirty. >> exactly. people like to live in lots of different neighborhoods. with the hyperluxury product, it can give the impression there is nothing affordable for family buyers, lower income buyers, there is the product in new york city. it's hard to compare manhattan to the rest of the country if we're honest about it. i think the goal of the de blasio administration is to add units, to add housing, and

remember a lot of this housing, particularly in the gotham west project in the far west side of manhattan are making 70, $75,000 a year, teaching our kids in public school. they're delivering our mail and building the buildings that are going up around us. so the balance that he seeks is middle and low-income housing and middle income housing added to manhattan is a product all of us will see. >> maybe a potential price bubble happening here, i think it's happening in san francisco. don't get me started on what's happening in london. one of the top realtors in new york city. a lot more to come during this hour, including, well, you and your voice. during the show we want you to facebook us or tweet me -- you can e-mail us

gerriwillis.com. at the bottom of the hour, we'll read all your tweets and e-mails. bring it back on. coming up next, it is the new buzz word among economists. secular stagnation. what it means for you, what it means for your money and what it could mean for your lifestyle that you have and don't like right now? that's coming up after the break. i'm m-a-r-y and i have copd.

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. cheryl: do you have a favorite place to vacation? well, if you have a go-to spot every summer, you may have considered buying a second vacation home there. is it a good investment or could it leave you feeling the winter blues a little too soon in the wallet? vera gibbons, how do you, you do that? okay, i'm ready to buy a new home. basically prices have been rising so. . >> more people have been doing it, they were up 30% in terms of vacation homes. 13% of all residential transactions, that's the highest percentage since before the housing crash. people are jumping in there, the wealth effect, they're feeling optimistic. the stock market was up.

and they jumped in. i would imagine the trend would continue if people are in the overall market. cheryl: we did a segment earlier this week on buying something overseas. >> interesting. cheryl: your point is if you buy a vacation home, you should be able to drive there. >> you should be able to drive there. the vast majority of vacation homebuyers pick a place within driving distance. you got to check the house, maintenance, upkeep. you want to keep it convenient. cheryl: and close by. >> some people buy a place on a whim, they haven't checked the area out. pay attention to these things and don't look at the investment potential. zillow has a really good interactive tool, you can figure out how good an investment is going to be based on what home values are going to be doing and ability to generate rental income. cheryl: there are things you

hear, i'm going to buy a second home, rent it out, make money and that doesn't happen to a lot of people? >> people get overly aggressive. you found a great spot, i'm going to rent it out and that will help eliminate some of the costs. not a money making proposition, plus you have to get a good tenant in there, not going to trash the place. there are tax consequences, a whole thing you have to think about. cheryl: the whole airbnb phenomenon is a phenomenon. i'm going to go to the hampton's place, jersey place, my miami homes, i'm going to make a lot of cash. >> here's the thing, if you're buying on beach or places where people want to buy vacation homes, there's salt, wind, damages that could come with the territory that you don't necessarily have to think about with primary residence. that can add up. you may have to replace a dock, things blow away, the storm comes in, knocks everything

out. cheryl: gets destroyed in the hurricane. >> gets destroyed. hurricanes are a different thing. the second home is different than the primary residence, people want to be on the beach, on the water, next to a golf resort so they're jumping in there. and a lot of them are doing all cash by the way. cheryl: number one investment right now is cash. number two is real estate. >> 38% of vacation homes were purchased with all cash, that's an interesting number. cheryl: do you think the market's going to pick up for the second home. >> if things continue along the path we're currently on, the second to mid market is going to be strong, depends how people feel about the wealth situation, if you feel wealthy, you spend. cheryl: do you think they're cashing in the stock market. we've had a little bit of a dip. >> it's the confidence in general, the housing economy is moving along, things look more stable there. they have cash on the

sidelines, and looking for a place to put it. cheryl: i've been covering real estate now for fbn. the thing i hear is it's a tangible asset i can touch. they want to put their money in real estate versus stocks right now. >> some people are getting in second homes with friends, a little problematic and the issue that comes with the territory, they're looking to minimize costs and jumping in because they have a little money but don't want to spend too much. cheryl: you don't recommend they jump in with friends. >> you have to have an attorney draw up agreement. who's going to use the house when? and go with llc to protect yourself. cheryl: i've heard -- >> it's a similar type of situation. best friends can break up over a situation. cheryl: or more. vera, thank you. good to see you. >> you, too. good advice. time for a look at stories all of you are clicking on tonight

on foxbusiness.com. stocks up slightly again today as the s&p 500 nears yet another record high. the s&p up nearly 6% so far this year. speaking of record highs, the most expensive stock, a little more expensive. class a shares of warren buffett's berkshire hathaway topped $200,000 for the first time, shares selling around $135. shell is selling the drilling rights in louisiana and wyoming for $2 billion. shell will receive drilling rights to land in ohio and pennsylvania and boosting profitability. and relief may be on the way. an iowa drug developer has enough to launch an initial human round of testing. the timing is still up in the, a but the company is getting help to speed up the process. the current ebola outbreak killed more than a thousand people around the world so far.

those are some of the hot stories trending on foxbusiness.com. coming up next, are autoloans moving into subprime territory? and a new report shows how bad millennials are with their money? vera is shaking her head. i told her. that what you should be telling your kids about money coming up next.

. cheryl: new auto loans have jumped to the highest level in eight years, according to the federal reserve bank of new york, but the game was fueled by increase in lending to risky borrowers, loans that many are calling subprime. does that sound familiar to all

of you? rich edson has more on the story. if the banks can do it, they're going to do it no matter what. >> subprime is back. auto loan balances were up 30 billion dollars thanks to $100 billion in car loans, the highest volume of origination since 2006. auto loan balances are approaching precrises levels and a substantial piece of that increase subprime loans. fed reports says borrowers with credit scores of less than 620 accounted for a quarter of originated auto loans. with those with scores of 760, those are the bottom, account for 20 billion. auto finance companies as opposed to banks account for the bulk of the increase in subprime auto loans. since auto loans bottomed, auto finance companies to each of

the three lowest credit groups has more than doubled, cheryl. cheryl: all joking aside, what really does motivate the banks to push the loans out considering what we went through in the great recession, and is there concern there's going to be another subprime crisis, not mortgages but car loans? >> could be a problem, feds are monitoring subprime auto loans, auto loans represent a much smaller share of outstanding balances compared to mortgages, the culprit in the 2008 financial crisis. car loan debt stands at 900 billion dollars. u.s. has 8 trillion dollars in outstanding mortgages. auto loan going bad is much more than a mortgage default.rs and a vacant car doesn't bring down car values much like a vacant house drives down prices from the neighborhood. cheryl: interesting findings from the fed. >> yeah. cheryl: coming up, one

millennial tries to put stereotypes about generation to rest. and new predictions about where the economy is going from a top fed official and what that means for interest rates? larry summers is weighing in on this one. yeah. you're going to want to stick around. so i can reach ally bank 24/7, but there are no branches? 24/7 it's just i'm a little reluctant to try new things. what's wrong with trying new things? feel that in your muscles? yeah... i do... try a new way to bank, where no branches equals great rates.

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no property tax. no business tax. and no sales tax. which means more growth for your business, and more jobs. it's not just business as usual. see how new york can help your business grow, at startup.ny.gov . cheryl: a risky money move, letting millennials handle their finances. at least that is what one recent survey is suggesting. the survey found only a quarter of millennials are able to answer four or five questions on a simple five question financial literacy quiz correctly. are we writing off young adults much too quickly?

billy mcfarlane, the founder and ceo of kinesies, are we misreading your generation? are we being unfair to you? >> taking a step back, it's important to look at the relationship and lack of interaction the millennials have with the traditional financial services. big banks are focusing on brick and mortar locations and served our parents and not focused on the tech generation, and haven't built products that are new and designed for us. cheryl: i still go to the atm to get cash out, do you? >> i'm more concerned, the banks and traditional institutions aren't focused on that. cheryl: what do you need that banks aren't giving you? and what do you need that wall street isn't connecting to on a level with your age group. >> i was looking for a community, i wanted to meet

like-minded millennials, i wanted perks and guidance and wanted to be told and where to go and where to spend money and shop and go to get dinner. we created magnesis, a company for our generation. cheryl: how old are you 24? >> 22. cheryl: good god, you are 22. you have a company. most 22-year-old, do you think they would reach out to a bank believe and a bank when a bank says you should go to tal, the restaurant? >> these services have been around for 50 or 100 years, they're not making products more local based. they're trying to build a product that impacts your life daily in the city. by the millennials for the millennials and all the recommendations that affect your everyday life. cheryl: that same center survey

found 46% of millennials feel like they're sitting on too much debt. that seems to be the problem. they're not buying homes because they have debt. they are still living at home, and still renting. >> there's a lack of education really just coming back to the lack of interaction with the banks. we don't know because we feel like the brands aren't speaking us to. we don't think much of it and don't know what to do. we're trying to create a product that is for your everyday life. cheryl: maybe not for you but your friends, do you watch what happens to your parents? your parent generation went through the dot com bubble bust and also this recession. a lot of your parents ended up unemployed. do you feel your generation is scarred by that or no? >> i think we learned the value of the dollar during recession,

that makes you grow up and understand the value of work and the dollar and how to support yourself. cheryl: do your friends have jobs? >> yes. cheryl: you are also in new york city and probably very educated. >> i just got out of college. i worked for a year, started the technology. cheryl: your generation is thumbing the nose at higher education? >> starting to. i wouldn't recommend that for everybody. people are still finding interesting careers, particularly in new york where everybody is so motivated and eager to find out what's next and dedicated to making the most of themselves. cheryl: you find your friends in the city are finding work? most people are getting laid off in the financial services industry right now. >> americans are good at finding something new to do. new york is one of the most motivating places in the world. cheryl: i'm looking forward to the day i'm working for you. congratulations, great idea on the company, and you represent

your generation very well. >> thank you, cheryl, thanks for having me. cheryl: we want to hear from all of you, we were talking about this earlier on about the fed, and some of the fed's biggest names, stanley fisher, larry summers, disappointment in the global economic recovery. larry summers thinks we have a stagnation issue happening, a stagnation company, secular stagnation larry summers is calling it. do you think that the fed and what they've been doing with policies and low interest rates and interest rates, do you think they're hurting the economy? here's what some of you are telling us and tweeting us about our poll question. printing money has caused inflation ignored by the media. food prices are actually up. you're right, unfortunately they don't look at food prices. on facebook, the federal debt overregulation and the lack of leadership in d.c., well, there

you go. when we come back, we'll have a warning about something very, very different, we were talking about salt on the show. now talking about painkillers. are you using too many painkillers and is it dangerous to your health? and are you counting down the days before sending your kids back to school? are you ready to get them out of the house? we'll have tips where to get the best bang for your buck when it comes to getting supplies for school? consumer games, numbers you need to know right now. want to know how hard it can be... ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled... ...copd maintenance treatment... ...that helps open my airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide

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. cheryl: while summer vacation probably flew for the kids, probably dragged for a lot of you parents out there. don't worry, it is time for back-to-school shopping. here to tell us how to make sure the kids need everything they need. the senior editor for retail me

not. the summer did fly by for a lot of us. >> yes. cheryl: let's talk about back-to-school shopping. we've heard from walmart, lackluster. kohls, barely, promotional environment is tough, discount, do you think that's good for parents that are out there? >> absolutely. and through the great recession, obviously we've become a promotional culture, so consumers as a rule when shopping they look for a promo code or look for one when they have merchandise on the shopping cart or on the phone online. it's good for the consumer, retailer digital coupons can help drive sales, increase incremental sales, traffic instore and online but have to be strategic about the offers and not letting it drive all their prices down. cheryl: so they're being careful, you mentioned digital offers. what's the best way for parents, anybody, if they're

looking to buy something? >> retailmenot.com is a digital coupon site. we also have coupons app that's geolocated, when you get close to a popular shopping area, you'll be alerted to deals at the register or at the shopping cart so you can use it quickly and easily without preplanning. cheryl: a survey, parents spend an average of 659% per year on school related costs, is that for the back to school season right now? >> the back to school basics are closer to $263 per child, the remainder is extracurricular, the uniforms, and instruments and things that come up during the year. cheryl: i thought this was helpful. any themed items buy early, and your point was if your daughter wants something from the movie "frozen" buy that right now. >> right now.

they could be sold out already. anything disney get it early. uniforms, insignia from the school. you need to get that stuff early. there are things they recommend waiting on, and one of them are trendy clothes. teen or 'tween is going to make different choices once they go back to school and see what friends are wearing. don't do the whole wardrobe, they're saying i don't want polka dots i want leopard. have you great sales coming up in late september early october, for parents that's a good time to get strong discounts. cheryl: things to buy later, textbooks? >> for college kids for sure. cheryl: i loaded up before school started. you're saying wait. >> they pop into the class, they go one or two times and don't like it and they have the huge textbook that they have invested in. wait and invest in the book, obviously you can get a lot of them online now. cheryl: dorm items, school

supplies and smartphones and tablets fchl you're looking for a new smartphone or tablet, the deals come in the next few weeks, maybe? >> now is the time to start looking but also make sure you are buying the right tablet or laptop for your child. make sure you know what they're asking for. maybe can you give them the desktop have you at home. maybe they don't need a new device. don't invest before you know what your child needs or pick up a new item. cheryl: how is the consumer right now? we are getting the numbers out? >> based on the retail me not survey, we are doing well, down a little bit from last year. a survey at the beginning of the year, 70% of the people were feeling good about 2014, they'd be able to save and spend and buy what they needed. i'm feeling confident. i don't think it's going to be gangbusters through holiday.

people are conservative these days. cheryl: still cautious. >> no doom and gloom just yet. cheryl: we're going to talk about the economy in just a couple of seconds. it's all connected. thank you very much. >> my pleasure. cheryl: well, all right, ahead of the all-important back to school season happening this moment. retail sales were flat for july. not every retailer is struggling with bottom line. in tonight's top 5, the fastest growing retailers. number five, apple, one of the biggest companies in the world has seen sales jump 11% in one year from itunes to the brick-and-mortar stores. everything well at apple. number four, family dollar, the discount chain added a thousand new items and more than 500 new stores. recently greed to be bought by dollar tree. number three, chick-fil-a, the southern fast food chain saw sales grow by more than 12% to more than $5 billion.

number two sherman-williams reaping the benefits the housing recovery. company bought out several businesses in mexico and canada. the number one fastest growing retailer is, yeah, it's amazon. you knew. this sales for the mega giant more than 27% in one year, thanks to the addition of amazon prime and the introduction of the kindle fire helping numbers there. other names whole foods and at&t. all right, so the number of americans filing new claims for unemployment benefits rising more than expected last week. and still, many economists believe the labor market is getting better. but the quality of those jobs is not like before leading to a new phrase a month, a lot of economists, secular stagnation. with us now, chief economist steve. welcome. >> good to be with you.

cheryl: larry summers is all of a sudden critical of the fed in saying that the market, you know, investment is low, the wages are stagnant and he says secular stagnation is real, do you agree? >> i don't. i think that we have been stuck in this 2% rut, and that's really what secular stagnation is, cheryl, the idea that we can't grow faster than 2%, we can't shift into a higher gear. i reject. that we're in a technological age, digital age where growth could be accelerating, not slowing down, i go back to what some of your e-mailer said on the show, which is washington is the problem, we've done everything possible to slow growth and i would pin some of the blame on larry summers, he was there at the start of the obama administration, those policies haven't worked well and we've seen this flatlined recovery. you change the policies, back to 3-4% growth like in the

1980s and 90s. cheryl: it's not just fed policy you're pointing out, it's administration, their policies. you look at the president's corporate tax rates, 35%. the fact that the health care costs, all the same stories covering on the business network, you're saying that's a bigger part of the problem than just a fact of secular stagnation. >> yeah, look, a monetary policy, the fed cannot make up for bad fiscal regulatory supply side policy, that's what we've tried for the last four, five years, slamming the brakes on things you mentioned. the high corporate tax rate. obamacare. huge increase in debt. all of the other policies in washington. and trying to compensate that by the fed pouring open the spigots on money, and it's not working now. we have had the slowest recovery from a recession since the great depression, everyone who watches the show knows that, we keep saying it.

and keep eagerly awaiting for the burst out of growth. we haven't had it. i'm disappointed by the insurance claim numbers, they suggest that the job growth is temporary. cheryl: we're at 6.2% unemployment. and you hear the president talk, we're doing so much better, it's all service sector. >> the unemployment rate is not 6.2. that's not the headline number, everyone knows, the real unemployment rate is about double that as everybody searching for a job knows. we get the policies right and change in the regime in washington. no one is going to have secular stagnation, we're going to have dramatic growth to make up for the lost ground over the last six years. cheryl: stanley fisher, the new number two at the federal reserve, i want to get your reaction to this. he said how much of the weakness on the supply side will turn out to be structural, perhaps contributing to a

secular slowdown and how much is temporary but longer than usual lasting remains a crucial and open question. i bet you can answer that, steve. >> we're going to continue to stay in the rut until we do things that fix the very problems that you mention. and you listed a lot of them. once we fix those things, you're going to see a burst out of growth. in the 80s and 90s we got the formula exactly right and saw 250, 300, 400,000 jobs a month. as we move into the digital age that is so exciting, all of the new innovations in health care and robotics and so on, those are accelerating the rate of growth. it's amazing we're stuck at 2%, we should be at 4. we should be striving for 4% growth and 400 to 500,000 jobs a month. >> the initial reads on gdp, come on, you can make your

bets. >> what's so infuriating all of the policymakers that are responsible for the secular stagnation, there is nothing we can do about it, we're in the secular era where growth is lower. no. you, you all contributed to it. if you can't figure out how to get out of secular stagnation, get out of picture. cheryl: and maybe not run for re-election. steve, good to see you. >> see you soon, take care. cheryl: you heard us, that's what we think, what do you think? here's our question tonight for all of you. are the federal reserve's policies hurting the economy? vote, better do it quick, i have 11 minutes left in the show. i'm going to share the results in a few moments with all of you. still to come, new warning for the millions of americans using pain killers and sleeping pills. what you need to know to keep yourself safe and you don't want to o.d. on this stuff. we'll be right back. you're driving along,

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. cheryl: back pain, headaches, knee pain, sore muscles. we've all suffered from it. but what's the price that you would pay for relief? america's use of pain pills are skyrocketing and so are overdoses. joining me now is lisa gill from "consumer reports" to discuss the cover story, america's scary pain pill. i was surprised to find out you say 46 people die from legal painkillers. >> that's true, it's true. and not only that, half a million people in america, every year, get admitted to er rooms because they have overdosed accidentally or mixed medications or mixed it with alcohol. it is a shocking staggering figure and that's why we decided to cover it. it's an epidemic.

cheryl: if you look at the chart of sales, it's big business, obviously. the drugmakers are going to keep making it. there was a new painkiller or sleeping pill approved this morning. but at the same time, you know, shouldn't the fda be stepping into regulate this more or i don't know. >> it is a difficult job, they are very concerned with public health, the centers for disease control and prevention have declared opioid overuse and abuse and misuse is rampant in the u.s. they look at drug applications and recently approved a drug we wrote about, yet another opioid pain drug. cheryl: isn't the drug that a lot were against. >> the issuance of hydro is it's similar to vicodin in the sense it's hydrocodone but

doesn't have acetaminophen in it. active ingredient in tylenol. we see it on the shelves everywhere and could be dangerous also. but the fda approved it, but a lot of the state attorneys general are so concerned with what's happening in our states with addiction and how much it's costing. this issue costs americans and insurance companies $72 billion a year? that is just absolutely amazing. cheryl: that is a huge number, and you mention acetaminophen. advil is my best friend. >> over-the-counter drugs is a problem. acetaminophen really is tylenol and it's in over 600 product us that find on the shelves and products that are behind the pharmacy counter, and the issue with it, tylenol, is that you

can take just at safe doses it's fine, up to about 4,000 milligrams and beyond that, it can be very toxic. cheryl: two tylenol, what would a dangerous amount be? >> a dangerous amount would be like if you took tylenol extra strength 500 milligrams, if you get beyond 4,000 milligram, that's about eight pills. >> don't take eight. >> don't take eight. and people who are heavy drinkers, serious liver problem, it's the number one reason people go to the hospital for liver fail jur because of tylenol. >> and acetaminophen, not every product says tylenol, it says acetaminophen. watch out. cheryl: lisa, thanks so much. great article by the way. we'll be right back. stay with us.

cheryl: we told you new terms that the officials on the fed have coined.

secular stagnation. we asked about it on gerriwillis.com and 92% said yes, 8% said no. there you go. that is it for "the willis report." next comes charles payne. charles: tonight on "making money." monster beverage is exploding right now, here is the funny thing. they have the best news. plus, tales from the retail credit. the stock is soaring, up more than 100% from recent lows. i have lessons about people and determination. let's get ready to rumble tonight. a very special guest, lesson from a long island kid. the passion and the probability. let's do this