Remove 2025 Remove Book Value Remove Intangible Assets
article thumbnail

Data Update 3 for 2025: The times they are a'changin'!

Musings on Markets

In my first two data posts for 2025, I looked at the strong year that US equities had in 2024, but a very good year for the overall market does not always translate into equivalent returns across segments of the market. Momentum : In markets, the returns to value investing has generally moved inversely with the strength of momentum.