Corporate profits plunged by $125B, how can the WSJ spin that as "U.S. corporate profits rebounded in the first quarter of the year."? From the actual press rel

Corporate profits plunged by $125B, how can the WSJ spin that as "U.S. corporate profits rebounded in the first quarter of the year."? From the actual press release: "Profits from current production (corporate profits with inventory valuation adjustment (IVA) and capital consumption adjustment (CCAdj)) decreased $125.5 billion in the first quarter, compared with a decrease of $30.4 billion in the fourth. Profits of domestic financial corporations decreased $2.6 billion in the first quarter, compared with a decrease of $12.5 billion in the fourth. Profits of domestic nonfinancial corporations decreased $100.4 billion, in contrast to an increase of $18.1 billion. The rest-of-the-world component of profits decreased $22.4 billion, compared with a decrease of $36.1 billion. This measure is calculated as the difference between receipts from the rest of the world and payments to the rest of the world. In the first quarter, receipts decreased $28.9 billion, and payments decreased $6.5 billion." Or, in an actual graph: http://i.imgur.com/YidRIWh.jpg http://i.imgur.com/YidRIWh.jpg