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Recession Watch: Tips for Antsy Investors

With the economy teetering at the brink and markets swinging wildly, what should you do? Here is some classic advice for dealing with rocky financial times

For investors, the initial shock is starting to wear off after stock markets plunged and fears of a recession spiked over the New Year. What remains is a feeling of anxiety, because subsequent events have done nothing to ease the economic uncertainty that sent stocks tumbling in December and January.

The broad Standard & Poor's 500-stock index moved 1.3% higher in the week ended Feb. 15, but it's still off more than 9% since mid-December.