Matthew Krumholz 
Energy Logistics as a VMSI-Positive, Asymmetric Trade In a market addicted to volatility, the most defensible position in energy isn’t predicting prices—it’s controlling flow. Logistics infrastructure is not just a high-yield utility hold; it’s a mispriced, option-rich asset class that screens strong across all four VMSI vectors. Value: Yield Without the Duration Risk Trades at … Read more
June 12, 2025 | VICA Research — Volatility & Momentum Signal Index VICA Partners Research’s VMSI © tracks how institutional capital is repositioning — delivering signalover sentiment for portfolio decision-makers navigating risk, flow, and macro regime shifts. VMSI Holds at 55.2 as Capital Broadens Re-Risking Footprint Weekly Snapshot Major Index Closes – June 12, … Read more
VICA Partners, June 9, 2025 The dollar’s reserve share has slipped from 71% to 58%. This isn’t collapse — it’s erosion. The world diversifies against confidence, not currency. The Familiar Warning — and the Flawed Assumption A familiar argument is making the rounds again: that America’s persistent trade deficits will eventually bring the dollar to … Read more
VMSI Climbs to 52.7 as Institutions Shift Toward Cautious Optimism June 5, 2025 | VICA Research VICA Partners Research’s VMSI © shows where institutional capital is moving — helping investors cut through noise, manage risk, and stay positioned ahead of the curve. Weekly Snapshot VMSI Score (Weekly Composite): 52.7 (Cautionary Optimism Zone) End-of-Day Market Closes … Read more
By VICA Partners | June 2025 Every few years, financial headlines rediscover U.S. government debt. The tone is always urgent. Yields are rising. Debt-to-GDP is unsustainable. The dollar is at risk. And yet, if you look at how long-term capital — Buffett, pensions, family offices — is actually behaving, the message is clear: This isn’t … Read more
Cautious Optimism Builds as Defensive Posture Persists May 30, 2025 | VICA Research VICA Partners Research’s VMSI © shows where institutional capital is moving — helping investors cut through noise, manage risk, and stay positioned ahead of the curve. Weekly Snapshot VMSI Score: 49.2 (Defensive Zone) S&P 500: –0.01% | Nasdaq: –0.32% | Dow: +0.13% | VIX: 18.57 Momentum: 41.6 | Liquidity: … Read more
The Setup:Long-term U.S. Treasury yields are rising sharply — not just as a headline, but as a structural pivot. After years of flat or inverted curves, we’re now entering a regime where longer-dated yields decisively outpace short-term rates. The 2s/10s spread is near its widest since 2022. Insight: The 2s/10s spread is quietly shifting from … Read more
Defensive Positioning Holds as Volatility Rises May 22, 2025 | VICA Research Weekly Snapshot VMSI Score: 47.4 (Defensive Zone) S&P 500: –0.04% | Nasdaq: +0.28% | Dow: –0.00% | VIX: 20.28 Momentum: 41.6 | Liquidity: 33.7 | Volatility: 66.2 | Safe Haven Demand: 74.0 Markets displayed bifurcated action across key indices, with tech-heavy names lifting the Nasdaq while the Dow and S&P wavered. Despite improving momentum and … Read more
May 15, 2025 | VICA Research Weekly Snapshot VMSI Score: 44.2 (Defensive Zone)S&P 500: +0.41% | Nasdaq: –0.18% | Dow: +0.65% | VIX: 17.83Momentum: 39.0 | Liquidity: 30.2 | Volatility: 59.2 | Safe Haven Demand: 78.4 Markets advanced across major indices this week, but the VICA Market Sentiment Index (VMSI) held firm within the Defensive Zone, rising modestly to 44.2. Institutions are less fearful, but conviction remains … Read more
May 8, 2025 | VICA Research Weekly Snapshot VMSI Score: 38.6 (Defensive Zone) S&P 500: +0.58% | Nasdaq: +1.07% | Dow: +0.62% VIX: 22.48 Momentum: 39.0 | Liquidity: 30.2 | Volatility: 59.2 | Safe Haven Demand: 78.4 Markets rallied across major indices this week, but the VICA Market Sentiment Index (VMSI) held firm within the … Read more