How will the US housing slump affect stocks?

The US housing bubble is exploding - but what will the impact be on stock markets, and what warning signs do you need to watch out for?

The US housing market has moved to centre stage. At RH Asset Management we religiously document important items of news. A simple analysis of the last two weeks' news concerning only the US house market amounted to a massive 33 separate items.

Looking back over the previous four two-weekly periods, the numbers were much lower, respectively 19, 11, 18 and 11. This past two weeks culminated in the shock figure for the July sales of existing homes. Analysts had predicted a fall of 1%; in fact the reported figure was a fall of 4.1%.

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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.