SBI Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Economic stabilization and potential infrastructure investments could enhance demand for municipal bonds, boosting SBI returns towards historical growth averages.




Bearish Case: Persistent macroeconomic headwinds and rising interest rates may lead to stagnant or declining performance, aligning with historical flat returns.




Potential Outcomes:
  • Economic growth drives moderate gains (40%).
  • Interest rate rises cause declines (30%).
  • Continued flat performance due to volatility (30%).



March 24, 2025


Western Asset Intermediate Muni Forecast

SBI        Western Asset Intermediate Muni











Correlated Assets

Assets that tend to move strongly with SBI



CUBE Forecast + Options Trading Strategies   CUBE  CubeSmart (0.73)


ZROZ Forecast + Options Trading Strategies   ZROZ  PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded (0.67)


TYD Forecast + Options Trading Strategies   TYD  Direxion Daily 7-10 Year Treasury Bull 3X Shares (0.66)


XLV Forecast + Options Trading Strategies   XLV  Health Care Select Sector SPDR (0.64)


FE Forecast + Options Trading Strategies   FE  Firstenergy (0.61)



Uncorrelated Assets

Assets with little price relationship to SBI



ATKR Forecast + Options Trading Strategies   ATKR  Atkore (0.0)


SUPV Forecast + Options Trading Strategies   SUPV  Grupo Supervielle S.A. (0.01)


VIST Forecast + Options Trading Strategies   VIST  Vista Oil & Gas Sab De Cv (-0.01)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (-0.01)


ENVX Forecast + Options Trading Strategies   ENVX  Enovix (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against SBI



BB Forecast + Options Trading Strategies   BB  BlackBerry (-0.43)


ASAN Forecast + Options Trading Strategies   ASAN  Asana (-0.45)


FRSH Forecast + Options Trading Strategies   FRSH  Freshworks (-0.46)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.48)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.75)









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