A prominent Wall Street strategist told CNBC the stock market may see a "wartime boom" next year following the US economy's "depression-like collapse."<br />Jim Paulsen is one of a hand full of economists who have predicted US GDP could rebound strongly in the first quarter next year.<br />Paulson said companies have cut down on costs and increase efficiencies to survive the collapse.<br />"A lot of that boom will fall to the bottom line in a bigger way than people currently expect," Paulsen said.<br />"We could have a big profit recovery."
