NEW YORK, Sept. 21, 2017 /PRNewswire/ -- On Thursday, September 21, 2017, Devonshire Research Group (DRG) announced the acquisition of NowandFutures.com, an economic analysis and trading information website. Included in the acquisition are the datasets, proprietary models and analytical methods historically present on the nowandfutures.com website, which are being reviewed and selectively refurbished by DRG.
Founded by a leading quantitative analyst, NowandFutures was as a bold, revolutionary voice in the online revolt against the sweeping inflation measurement changes implemented by the Bureau of Labor Statistics in the 1990s. DRG described NowandFutures unique place among contrarian inflation analysts in its April 2017 report, Consensus of the Contrarians: The Alternative Macro Economic View, and is continuing the publication of its Consumer Purchasing Power Index (CPPI).
NowandFutures was more than just an inflation analysis project. Founded as the brain child of seasoned insurance industry executive, NowandFutures emerged during the dot.com boom as a one-man band of big data, competing against financial titans like Bloomberg, all while maintaining datasets of immense and comprehensive detail, often rivalling Bloomberg in its data offerings, which NowandFutures offered free for all comers.
The datasets that have been transferred to DRG's custody include a wide range of time series-comprising fifty years or more of history – all of them manually curated and hand entered by a dedicated team of analysts. As of June 2017, however, NowandFutures Proprietary data and information was no longer available on the web. Absent the agreement with DRG, much of the data resources made available would have been lost permanently. DRG is now undertaking a comprehensive review of NowandFutures datasets and economic models, including assets like the CPPI, in order to maintain and expand on the founders' original promise.
About Devonshire Research Group
Devonshire Research Group, LLC is a Registered Investment Adviser pioneering advanced analytical methods and machine learning techniques in uncovering over-stated assets, investments, and companies. The firm advises its clients on hard-to-value and illiquid asset portfolio risks, valuation exposures, and periodically publishes public research.
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SOURCE Devonshire Research Group