Ned Davis Research is an independent research firm established in 1980.  Ned Davis has one of the most comprehensive research product offerings available, providing institutions with essential and timely information on changing financial markets. Its comprehensive products include economic, valuation, sentiment, and monetary services. Ned Davis Research provides charts and studies covering domestic and international markets, the economy, industry groups, and mutual funds.  With clients in over thirty countries, it has one of the largest institutional followings in the securities industry. Ned Davis is contracted by Pi Capital to provide third-party independent research.