INTERVIEW Top Down Investing with S&P's Sam Stovall Some wander onto Wall Street by mistake, while others seem destined to find their way there. Sam Stovall is a member of Standard & Poor's Investment Policy Committee, editor of S&P's Industry Reports and author of Standard & Poor's Guide to Sector Investing. Stovall spoke with STOCKS & COMMODITIES Editor Thom Hartle on December 20, 1995, via telephone interview about market cycles, sector investing and relative strength, among other topics. I had all this data on industry indices, and anybody can find out when economic constractions and expansions started and ended, so I decided to determine what sectors performed the best during different periods of an economic cycle. That's how I became involved in sector investment and analysis. -Sam Stovall |
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