IG Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Stable macroeconomic conditions and AI-driven efficiencies could revitalize demand, leveraging IG's historical resilience over longer periods.




Bearish Case: Economic instability and rising rates could prolong underperformance with historical data pointing towards negative returns in such scenarios.




Potential Outcomes: Economic recovery boosts demand (+30%), rate hikes depress growth (-35%), AI efficiencies enhance returns (+25%), and external shocks decrease performance (-25%).



May 15, 2025


Principal Investment Grade Corporate Forecast

IG        Principal Investment Grade Corporate











Correlated Assets

Assets that tend to move strongly with IG



UBT Forecast + Options Trading Strategies   UBT  ProShares Ultra 20+ Year Treasury (0.86)


ZROZ Forecast + Options Trading Strategies   ZROZ  PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded (0.75)


XLV Forecast + Options Trading Strategies   XLV  Health Care Select Sector SPDR (0.7)


KHC Forecast + Options Trading Strategies   KHC  Kraft Heinz (0.65)


VHT Forecast + Options Trading Strategies   VHT  Vanguard Health Care (0.65)



Uncorrelated Assets

Assets with little price relationship to IG



NBR Forecast + Options Trading Strategies   NBR  Nabors Industries (0.0)


FDX Forecast + Options Trading Strategies   FDX  Fedex (0.01)


CLSK Forecast + Options Trading Strategies   CLSK  Cleanspark (-0.01)


TJX Forecast + Options Trading Strategies   TJX  TJX Companies (-0.01)


ORI Forecast + Options Trading Strategies   ORI  Old Republic International (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against IG



PCOR Forecast + Options Trading Strategies   PCOR  Procore (-0.51)


ET Forecast + Options Trading Strategies   ET  Energy Transfer LP (-0.51)


RJF Forecast + Options Trading Strategies   RJF  Raymond James Financial (-0.53)


FRSH Forecast + Options Trading Strategies   FRSH  Freshworks (-0.58)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.84)









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