The upside of U.S. unemployment is that corporate profits are rebounding much quicker than...

|By:, SA News Editor

The upside of U.S. unemployment is that corporate profits are rebounding much quicker than expected, as witnessed by today's startling 14.5% jump. As Tom Armistead explains, "If you fire people faster than your business declines, profits will increase." Based on the correlation between profits and share prices, he finds support for an S&P 500 climb to 1,250 - a further increase of 13%.