Energy, P/Es &Influencing Shoppers

Oil and gas industry execs have a wish list for the Trump administration’s energy policy. With one of their own—Liberty Energy CEO Chris Wright—likely to reign over the Department of Energy, their wishes may be more than pipe dreams. … Also: A look at how the valuations of S&P 500 sectors and industries have changed over the course of this year. For many IT industries, lofty P/Es expanded further, while only a handful of industries saw P/Es actually shrink. … And: Is it any surprise that social media influencers influence gift-buying? Maybe not, but the extent of influence one study found is eye-opening.