. >> later in this program, regular contributor stefan abrams will talk about a potentially explosive profits rise that will spur new bull market stocks and economic recovery. first up, the key story, the stock market is waiting for this. we'll talk to your friend, joe, of deutch bank who has the most bullish estimate for tomorrow's all important market moving jobs report. the consensus is predicting 325,000 dropped in non-farm payrolls. goldman sachs lowered its estimates to 250,000 decline but our friend, joe, has lowered it to 150,000 drop which is a dramatic call, if correct, will undoubtedly spark a dramatic stock market rally tomorrow. first, we bring in joe, who is chief u.s. economist at deutch bank. give me the bare outlines of your dramatic call, only 150,000 long. >> thank you. the call is at economic reflection points. the trend in payrolls tends to be significantly larger than we see in jobless claims which historically is a good leading indicator of the economy. i would argue the amount of job loss we have had has been so extreme, companies set up in a labor market with

stefan abrams expects corporate profits to soar way beyond the

and i want to shout out stefan abrams for soaring profits. you heard ken langone, what's your best guest. >> the recovery started last november. we put $350 billion in the banks. did we put it as a loan for the congress wanted on tv and hyped the banks not loaning? no, they put it in there to stabilize, doesn't mean you're breaking a wrist, you put a cast on it to heal and then the recovery starts. this is no different than the past. look at 2002, are you the ceo sitting in the corner off fishings your stock is down 60, 70%, why not let go of some of your employees and why not let your inventory deplete itself? why not get lean and mean. >> is it possible on this cost cutting point, real market capital lipse, businesses are still doing it, cutting inventory and cutting jobs and hours worked. the question for, you i will ask you the same thing with respect to home depot and other firms you're intimately famp with. neil, you're first, did they overcut on jobs? did they cut too many people in the credit panic of last fall and might that mean the