Oldest broker urges calm as market rattles nerves
Ernest Brainard, 97 and America's oldest active stockbroker, tells clients to hold stocks after the Dow plunges 508 points. He cites strength of the economy, warns against panic, and says losses are on paper while advising safe investments and patience for a market recovery.
MENTIONED IN THIS ARTICLE
Hartford, Conn
Ernest T. Brainard
Brainard
Reagan
America
Coburn & Meredith Inc
Jessica McClure’s Condition Improves After Well Rescue
Doctors say amputation remains uncertain but Jessica McClure shows improving spirits in Midland Texas. The 18 month old lies in serious but stable condition at Midland Memorial Hospital with intensive care and daily pressurized oxygen therapy to restore blood vessels in her foot after the 22 foot well incident.
MENTIONED IN THIS ARTICLE
Midland, Texas
Jessica McClure
Midland
Texas
Midland Memorial Hospital
Margaret Pape
Ms. Pape
First Lady Nancy Reagan to Return to White House
President Reagan announces he will pick up Nancy Reagan at Bethesda Naval Medical Center and bring her home to the White House. Mrs Reagan, recovering from breast cancer surgery, was said to have a good prognosis and was treated with flowers from Raisa Gorbachev.
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Washington
Reagan
Nancy
White House
VV sskUy Saver
Bethesda Naval Medical Center
Soviet
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