Suze Orman says ‘most of America today has absolutely no money.’

Financial guru Suze Orman thinks that most consumers are, or soon will be, facing dire straits, in an environment of higher interest rates, higher inflation and elevated volatility in stocks and bonds.

Orman’s comments, made on CNBC on Wednesday afternoon, came as SecureSave, an emergency-savings account company that she co-founded, has published a survey that finds that 67% of workers cannot afford to pay for an emergency $400 expense and that 74% of Americans are living paycheck to paycheck.

Kristi…

Source: https://www.marketwatch.com/story/suze-orman-says-most-of-america-today-has-absolutely-no-money-heres-where-the-guru-is-putting-her-funds-11674695955?siteid=yhoof2&yptr=yahoo