Legg Mason Inc.'s Bill Miller said the U.S. economy may grow as much as 10 percent this year, almost four times faster than companies and economists forecast, driven by a surge in corporate profits. With profits forecast to grow between 25 percent and 35 percent this year, economic growth should reach at least 7 percent, Miller said in his quarterly letter to investors Monday. That compares with a consensus forecast of 2.7 percent economic growth, he said, citing a Bloomberg survey of 58 firms. Miller is chairman and chief investment officer of Legg Mason Capital Management Inc., a unit of Legg Mason.
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