Economics and Investing: Hugh James Latimer September 21, 2015 September 21, 2015 UK interest rates may have to be cut, warns Bank of England chief economist o o o Census data shows a record 46.7 million Americans live in poverty. Over 40,000 dollar stores now permeate the United States. o o o Global Angst Lingers, RMG Wealth Management Recommends that Long Term Investors Hold Cash – T.A. o o o Los Angeles is the most unaffordable place to rent with renters spending nearly 50 percent of their income on rents: San Francisco is the most expensive place to purchase a home.