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Economists: Don't Fret About The Stock Market Selloff

wochit business
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January 27, 2014 AT 4:56 AM
Have no fear, economists say, corporate profits will continue to grow, despite concerns about Fed policy. The stock market selloff has been fueled in part by worries that big companies are going to have a hard time expanding profits, as the Federal Reserve starts shutting down its massive money pumps. According to a survey by the National Association for Business Economics, that's news to a panel of top business economists, who insist that profit growth will remain on track.