Where do we go from here?
May 2024
According to Axioma, the momentum factor just posted one of its best quarters on record in Q1 2024 in global equity markets.
Strong performance doesn’t necessarily mean bad news is in store for mo’. Looking at the twenty best quarters in history for long-only momentum, momentum has outperformed in the subsequent 1-, 3-, and 5-year periods more often than not in both US and Non-US equity markets.