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Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Suze’s View of the World and How It Affects Your Money

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Suze Orman Media

Business, Investing

4.84.2K Ratings

🗓️ 7 August 2022

⏱️ 38 minutes

🧾️ Download transcript

Summary

On today’s episode, Suze talks about why our country's issues with China and Russia are among the factors contributing to inflation, and why a recession may be on the horizon.


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Transcript

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0:00.0

Hi everybody, Suzy Orman here and Katie and welcome to the Women in Money Podcast and everyone's

0:06.0

smart enough to listen. And both of us are so proud to have this podcast sponsored by a

0:12.5

Lyand Credit Union, the home of the ultimate opportunity savings account. This is where if you

0:19.4

simply go to myalliant.com and why a L L I A N T dot com open an account and deposit $100 a

0:31.1

month every month for 12 consecutive months. What's going to happen Katie? A lion is going to pay you a

0:36.9

bonus of $100. That is the place that both of us want you to save. So go to myalliant.com and do

0:46.2

what Katie? Look for Suzy and start saving now.

1:16.8

7th, 2020. Good morning everybody and welcome to Suzy School on the Women in Money Podcast and

1:34.9

everybody's smart enough to listen. Now Suzy School today is going to be a look back in history.

1:44.6

What's going on today and why I've said to all of you I'm a little bit concerned and I'm concerned

1:54.1

because so many of you are writing me and you know what you're saying to me? You are saying that

2:01.1

the market has hit the bottom and we are in a bull market now. It's a V shape recovery

2:06.8

mad. I think that's you that writes it and says we are in a V shape recovery and it's going straight

2:12.5

up from here. I don't think so. And whether we're in recession or not in recession or we're going

2:23.2

into recession we have to look at this world very very differently than we've ever looked at it before.

2:33.2

So even looking back at what happened in the past and what the past tells us about this market

2:39.6

and what all these analysts are saying in the charts and this and that I just want us to sit down

2:47.6

relax and take a look at really what's happening in this world and how does that affect each

2:56.7

and every one of us in my opinion because this is so much more than just the stock market and it's

3:03.9

your 401k retirement plans or stock portfolio going up. It's really are we going to have enough gas

3:12.1

to put in our cars and to make everything that needs to be made with energy? Are we going to have

3:17.9

enough food in the shelves to eat? Is it possible that we could have a worldwide shortage on food?

...

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