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Economics and Investing:

UK interest rates may have to be cut, warns Bank of England chief economist [1]

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Census data shows a record 46.7 million Americans live in poverty. Over 40,000 dollar stores now permeate the United States. [2]

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Global Angst Lingers, RMG Wealth Management Recommends that Long Term Investors Hold Cash [3] – T.A.

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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. [4]