AI EHI Forecast


Bullish Case: EHI's consistent dividend yield in a low-yield environment may attract income-focused investors, potentially enhancing demand and driving the price upward despite recent flatness.


Bearish Case: EHI has experienced significant declines over the past decade and continues to show weak performance, posing risks of further underperformance due to lack of investor confidence and potential interest rate hikes.


Potential Outcomes:

1. Continued stagnation (60%): EHI might remain flat.

2. Minor gains (25%): Driven by attractive dividends.

3. Significant underperformance (15%): Due to weak historical trends and bearish market sentiment.


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August 11, 2024


Western Asset Global High Income Forecast

EHI      Western Asset Global High Income











Correlated Assets

Assets that tend to move strongly with EHI



LTPZ Forecast + Options Trading Strategies   LTPZ  PIMCO 15+ Year U.S. TIPS Index Exchange-Traded (0.84)


SPTL Forecast + Options Trading Strategies   SPTL  Active Trust - SPDR Portfolio Long Term Treasury (0.83)


VGLT Forecast + Options Trading Strategies   VGLT  Vanguard Group, Inc. - Vanguard Long-Term Treasury (0.83)


EDV Forecast + Options Trading Strategies   EDV  Vanguard Group, Inc. - Vanguard Extended Duration Treasury (0.83)


TYD Forecast + Options Trading Strategies   TYD  Direxion Daily 7-10 Year Treasury Bull 3X Shares (0.81)



Uncorrelated Assets

Assets with little price relationship to EHI



IRBT Forecast + Options Trading Strategies   IRBT  Irobot (0.0)


CXW Forecast + Options Trading Strategies   CXW  CoreCivic (-0.0)


FRO Forecast + Options Trading Strategies   FRO  Frontline (-0.0)


CTVA Forecast + Options Trading Strategies   CTVA  Corteva (0.0)


GFI Forecast + Options Trading Strategies   GFI  Gold Fields (0.0)



Anticorrelated Assets

Assets that tend to move strongly against EHI



UUP Forecast + Options Trading Strategies   UUP  Invesco DB US Dollar Index Bullish (-0.67)


OBE Forecast + Options Trading Strategies   OBE  Obsidian Energy (-0.67)


TMV Forecast + Options Trading Strategies   TMV  Direxion Daily 20+ Year Treasury Bear 3X Shares (-0.76)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.78)


TBF Forecast + Options Trading Strategies   TBF  ProShares Short 20+ Year Treasury (-0.8)





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