Matthew Krumholz 
VICA Partners | July 31, 2025, VICA Research — Volatility & Market Sentiment Index (VMSI©) “Institutional positioning continued to build momentum this week as macro volatility faded and sector breadth advanced. With hedging overlays thinning and capital rotating into cyclicals, the VMSI reflects a quiet but growing bias toward risk-on participation.” — Matthew Krumholz, CEO, … Read more
July 24, 2025 | VICA Research — Volatility & Market Sentiment Index | VICA Partners’ VMSI© (Volatility & Market Sentiment Index) isolates where conviction-weighted institutional capital is repositioning — helping investors cut through noise, quantify risk, and front-run structural shifts before they price into consensus. Institutional-grade signals — opened by design to those who think … Read more
Sources: National Association of REALTORS®, BLS, VMSI The U.S. housing market is showing clear late-cycle characteristics. Prices remain elevated, yet affordability and liquidity are deteriorating. Buyer sentiment is weak, transaction volume is sliding, and institutional participation is light. Our internal VMSI framework shows sustained stress in market internals. Based on these trends and broader macro … Read more
By VICA Partners | July 2025(Peer-reviewed by institutional market strategists and asset managers) The Federal Reserve’s policy efficacy is increasingly entangled with its institutional sprawl. As the Fed has absorbed additional mandates—climate oversight, credit allocation, social equity filters—it has edged away from its core comparative advantage: controlling expectations through clear monetary signaling. The accompanying chart … Read more
VMSI Edges to 57.4 as Breadth Firms, Tactical Hedging Further Fades, July 17, 2025 | VICA Research — Volatility & Market Sentiment Index VICA Partners’ VMSI© (Volatility & Market Sentiment Index) isolates where conviction-weighted institutional capital is repositioning — helping investors cut through noise, quantify risk, and front-run structural shifts before they price into consensus. … Read more
VMSI Edges to 57.0 as Breadth Expands, Hedging Costs Slide Further July 10, 2025 | VICA Research — Volatility & Market Sentiment Index VICA Partners’ VMSI© (Volatility & Market Sentiment Index) isolates where conviction-weighted institutional capital is repositioning — helping investors cut through noise, quantify risk, and front-run structural shifts before they price into consensus. … Read more
The VOLATILITY & MARKET SENTIMENT INDEX (VMSI©) is VICA Partners’ freely‑available, institution‑grade lens on market risk and opportunity. It captures where capital is moving now and where it’s likely headed next by blending 1,000+ live indices and data streams into a single, intuitive score. Why VMSI Is Different • Fuses real‑time trading, options skew, and flow analytics to forecast institutional positioning • Benchmarks those … Read more
VMSI edges to 56.1 as breadth expands, hedging eases further July 3, 2025 | VICA Research — Volatility & Market Sentiment Index VICA Partners’ VMSI© (Volatility & Market Sentiment Index) isolates where conviction-weighted institutional capital is repositioning — helping investors cut through noise, quantify risk, and front-run structural shifts before they price into consensus. Institutional-grade … Read more
VMSI Edges to 55.1 as Rotation Stabilizes, Capital Maintains Risk-Aware Engagement June 26, 2025 | VICA Research — Volatility & Market Sentiment Index VICA Partners’ VMSI© (Volatility & Market Sentiment Index) isolates where conviction-weighted institutional capital is repositioning—helping investors cut through noise, quantify risk, and front-run structural shifts before they price into consensus. Institutional-grade signals … Read more
VMSI Slips to 54.9 as Institutional Appetite Maintains Course Despite Uptick in Hedging Costs June 19, 2025 | VICA Research — Volatility & Momentum Signal Index | VICA Partners’ VMSI© (Volatility & Market Sentiment Index) isolates where conviction-weighted institutional capital is repositioning — helping investors cut through noise, quantify risk, and front-run structural shifts before … Read more