stock market rally

Hey there readers. Phil Rosen here — writing to you from behind a cup of coffee that definitely feels more expensive than it was a year ago. 

You don't need me to tell you inflation has stayed stubbornly high for a while now, despite the Federal Reserve's aggressive bid to cool it down.

In June, inflation reached a four-decade high, and while it's eased somewhat since then, everyday Americans are still feeling the heat.