IC-VMSI™ Asks One Question

June 25, 2026

Matthew Krumholz

Markets often look different.
IC-VMSI™ asks one question:
Has the underlying institutional force changed?
Everything else follows.

Previous content

Ownership + Capital Flows + Institutional Force = IC-VMSI

Markets are governed by core capital.Priced by marginal capital.Most investors study price.IC-VMSI studies ownership, capital flows, and institutional force.

25 Jun 2026

IC-VMSI Measures Capital.

Price is visible.Capital is not.IC-VMSI measures the difference.

25 Jun 2026

IC-VMSI™ Studies Capital

Most analysis studies companies.IC-VMSI™ studies capital.

25 Jun 2026