An interesting post here:
The market is currently extremely pessimistic even accounting for the expectations that corporate profits at 10% of GDP and (unsustainably) too high will decline. If the US wants to create jobs then lower tax rates and allow foreign cash to return without penalty–unleash investment.
http://scottgrannis.blogspot.com/2011/11/corporate-profits-are-still-very-strong.html
Who said life was easy!