The US economy’s ‘depression-like’ collapse will set up stocks for a ‘wartime boom,’ according to a top Wall Street strategist

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  • The stock market may see a “wartime boom” next year following the US economy’s “depression-like collapse,” a prominent Wall Street strategist told CNBC on Wednesday.
  • Economists predict that US GDP could rebound to one of its strongest levels ever in the first quarter next year. 
  • Having to operate in a depression-like environment, “knee-jerk” reactions forced companies to cut down on most costs and increase efficiencies, Paulsen told CNBC. 
  • “A lot of …

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