Devonshire Research Group releases August Contrarians Inflation Consensus report, estimates consumer inflation at nearly four times official rate
NEW YORK, Oct. 12, 2017 /PRNewswire/ -- On Thursday, October 12, 2017, Devonshire Research Group (DRG), a New York-based research and analysis firm, issued its first monthly report summarizing the contrarian consensus on inflation. Devonshire's report follows its analysis from earlier this year, entitled "Consensus of the Contrarians," a result of extensive economic analysis and months of research. The presentation can be found on the Devonshire Research Group's website at www.devonshireresearch.com.
Devonshire collects the annual inflation reports of three contrarian inflation analysts which model inflation independently from the Bureau of Labor Statistics (BLS). This contrarian collection places inflation far higher than the BLS' Consumer Price Index (CPI). Devonshire's August inflation report places consumer price inflation for the twelve months ending August 2017 at 7.89%. This contrasts with the official CPI, which reported year-to-year inflation through August at 1.94%.
The Contrarian Inflation Consensus (CIC) is based on alternative inflation models: the Chapwood Index, the Shadowstats Alternate CPI and the NowandFutures model, which Devonshire recently acquired for its proprietary data. DRG believes the dissenting view of inflation provided with its monthly CIC report has profound implications for economic policy makers and investors. DRG plans to explore these implications in future CIC releases, which will be made available immediately to DRG subscribers, and delayed 1 or more months to the general public.
About Devonshire Research Group
Devonshire Research Group is a renowned research investment advisory providing alternate and contrarian research motivated by leading machine learning methods and proprietary data. The firm is managed by leading industry experts in finance, technology strategy, and intellectual property investments. Devonshire Research Group uses proprietary methods of data aggregation and screening, alongside proprietary advanced analytics tools to identify publicly traded technology companies that the firm believes are overvalued. Among other activities, the firm invests deeply in constructing a map of the target company's intellectual property, R&D investments, and other technology-related activities that provide the foundation for the company's valuation and are often overlooked by equity research analysts.
Devonshire Research Group carries a portfolio heavily focused on technology and intellectual property-intensive companies. The firm gained notoriety following its public campaigns against GoPro in FY15 and Tesla in FY16. For additional information on Devonshire Research Group, or to attend the press day or investors day, please visit www.devonshireresearch.com, or contact press and investor relations at [email protected]
Legal Disclosure
This press release is not an attempt at solicitation by Devonshire Research Group or its clients. Devonshire Research Group is a FINRA-compliant state Registered Investment Adviser. Please visit the website for additional compliance disclosures.
SOURCE Devonshire Research Group
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