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First Foundation Advisors was founded in 1990 as one of Orange County's first fee-based advisors.

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A Tale of Two Halves: Markets Swoon, Then Recover

| 10/26/16 10:49 AM

It was a tale of two halves in the first quarter of the year for global financial markets. Stock markets plunged early on, falling 10% to 15% or more – in some cases nearly entering bear market territory – but then sharply reversed course, staging a furious rally into quarter-end. Emerging-markets stocks led the charge, finishing ahead 5.9% for the quarter after being down 10.9% in the first six weeks of the year. Largecap U.S. stocks also..

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