economists - Aliff Capital

Gains in the Stock Market as CPI Data Expectations Point to Lower Inflation

Feb 13, 2023Haroon HaiderEconomy, Labor economics, Macroeconomicsautos, benchmark rate, companies, consumer spending, consumer-price index, consumer-price index report, economists, economy, employers, energy, Fed policy, Federal Reserve, federal-funds rate, forecasters, health, hiring, household income, housing, index, inflation, investment, job openings, Labor Department, manufacturing, recession, retail sales, S&P 500, sectors, soft landing, spending, Stocks, traders, U.S. consumer, unemployment rate, wage growth, workers

The stock market saw broad-based gains this week as it continued to recoup losses from the previous weeks. The S&P 500 index saw gains across various sectors, with energy being the biggest gainer in Monday’s trading. Traders were optimistic about the latest read on inflation, as the consumer-price index data released on Tuesday showed a…

Super Bowl Effect on Phoenix’s Short-Term Rentals

Feb 12, 2023Haroon HaiderInvestment Research, Market Analysis, Real Estate, Short Term RentalsAirbnb, Arizona, Cactus League baseball games, competitive, corporate travel, data analysis, economists, free tickets, game-day payoff, Glendale, golf tournament, hotel sector, hotels, institutional real estate investors, investor market share, Kansas City Chiefs, last-minute bookings, Los Angeles, median rate, pandemic-driven homebuying frenzy, Philadelphia Eagles, Phoenix metro area, Phoenix Open, restrictions, rising rent prices, Scottsdale, short-term rental sites, sightseers, snowbirds, spring training, State Farm Stadium, Super Bowl LVII, third quarter, vacant properties, vacation rental analytics

In the lead up to Super Bowl LVII, thousands of homeowners in the Phoenix metropolitan area listed their properties on short-term rental websites, hoping to take advantage of the event’s potential payoff. As the big day approaches, these homeowners remain optimistic about securing last-minute bookings. The Super Bowl, which will feature the Kansas City Chiefs…

U.S. Hiring Spree Continues

Feb 9, 2023Haroon HaiderEconomy, Labor economics, Technologybenchmark interest rate, central bank, consumer spending, economists, economy, economy slowdown, employers, everyday services, Fed officials, federal benefits, Federal Reserve, Federal Reserve Chair, forecasters, hiring, hiring strategies, inflation, interest rates, job applicants, job candidates, job market, job seekers, jobs report, labor data, labor force, labor market, opportunities, payrolls, private-sector payrolls, recession, recruitment, rising interest rates, technology, U.S., unemployment rate, wage growth, work from home

U.S. Hiring Spree Continues, and the U.S. has added 1.1 million jobs in the past three months and stepped up hiring in January, despite rising interest rates, elevated inflation, and lingering recession fears. This growth is being driven by large, yet often overlooked sectors of the economy, such as restaurants, hospitals, nursing homes, and child-care…