It's not very fun being an investor right now, is it?

Motley Full Money starts now.

I'm Ricky Mulvey, joint date by Jim Gilles, Jim.

Thanks for being here.

Thanks for the invite, Ricky.

It's a little bit jury for stock investors right now.

In the United States, inflation is about 8%.

The medicine from interest rates really hasn't kicked in on home prices or inflation.

Your beloved small caps are down about 6% right now looking at the Russell 2000.

We're long-term investors, but it's really not fun putting money in the market today.

That is correct.

I wrote a little piece last week for the members of Hidden Jumps Canada, basically saying,

boy, it kind of sucks right now, doesn't it?

I went through much of what you talked about, showed at the time, the S&P 500 was down

about 4% for the month, as of I think last Thursday.

Spoiler, it's gone lower since.

The NASDAQ was running at close to 6% down, R2K was over 6%, it's probably getting worse.

The reasons were, I think, because we're seeing all of these wonderful headlines, inflation,

rate hikes, more rate hikes coming.

The phrase, higher for longer, is enter the lexicon.

The Canadian economy, which is where I kind of live, is it contracted last month.

You guys at least don't have that to play along.

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