Thread regarding Ally Financial Inc. layoffs

Tariffs

Should we bee worried about them

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| 501 views | | 2 replies (last February 3, 2025) | Reply
Post ID: @OP+1jjzcgrjm

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Think of it this way.

Even if the bank isn’t selling tariffed products there’s plenty of Canadian business (dealers and insurance).

And trade wars mean economic declines and bad stock market performance.

So if the stock price is in the red, and there’s losses from Canadian side of things, then Mike could do more cuts in Q2.

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Post ID: @nz+1jjzcgrjm

No

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Post ID: @a6+1jjzcgrjm

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