A 6.6% gain in the last full week of May brought the S&P 500 right back to where it started the month. As one would expect, the flat market resulted in small changes to the components of our downside estimates, but left our weighted averages for both series unchanged from the previous month.
Jun
06
2022
Estimating the Downside - June 2022
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![Phil Segner / Sr. Research Analyst & Co-Portfolio Manager](https://leuthold.imgix.net/leutholdgroup.com/site_files/authors/DSC_3189_LR_Phil.jpg?h=150&w=150&fit=crop&fp-y=.15)