June marked the third-consecutive quarterly gain for the S&P 500, with all the results remarkably similar: +7%, +7%, +8%. The index now sits at a level not seen since April 2022.
Jul
07
2023
Estimating the Downside - July 2023
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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)