«Our «rational exuberance» rests on a combination of above - trend US and global economic growth, low albeit slowly rising interest rates, and profit growth aided
by corporate tax reform likely to be
adopted by early next year,» Kostin said in a report for
clients.
Networks arebehind the perception curve but could catch up with the reality of what they can offer, especially if they tighten up selection criteria, create funding for branding and technology,
adopt a
corporate structure that rewards efficiency, and provide
clients with a viable alternative to the partnership model shared
by mega-firms and the Big Four.