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Stock impact report

Best plays as the market awaits next Fed interest rate decision [Yahoo! Finance Canada]

Independent Bank Corp. (INDB) 
Last independent bank corp. earnings: 4/23 04:10 pm Check Earnings Report
Rockland Trust vice president and portfolio manager Michael Sayers and Halo Investing president & co-founder Jason Barsema join Market Domination to reflect on the state of the economy and discuss their top plays. "I think investors should brace for volatility as we look to the summer," Barsema warns as earnings season has wrapped up. However, Sayers is less concerned: "I think the economy has enough underlying momentum, and there's a lot of fiscal support from all the government spending such that we can make it through the end of the year without a significant deterioration in the economy." Barsema is bullish on utilities, believing they are a great defensive play if the economy continues to soften. On the offense, he points to the increased demand from the AI boom as a major source of growth. He also points to large banks as better positioned compared to smaller banks, which have a lot of commercial real estate amid a tight market. Sayers highlights industrial players like Ho Show less Read more
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