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Wall Street Turmoil to Bend, Not Break, Economic Expansion

  • Disappointing growth more likely than outright recession
  • `I am not in a panic,' says shopper eyeing Tesla model S
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The U.S. Is the Global Stock Market

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The turmoil in financial markets may slow the U.S. economic expansion. But it probably won’t kill it.

While the threat of a downturn has risen, consumers and companies have the wherewithal to weather the turbulence in stocks and keep the economy afloat, economists say.