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Recently, the stock market has had an explosive rally. A key reason is that Corporate America has aggressively cut costs, resulting in stronger profitability.
However, cost-cutting can be dangerous. Are long-term investments being starved? Is there a sacrifice in quality by moving to another vendor?
Well, the good news is that it's possible to cut costs without reducing quality. If anything, these efforts may mean more cash flows for other projects, which will position a company for growth when the economy makes a comeback.
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