Market maturity keeps German structured products on track

The structured products market in Germany has recovered faster than those of most other European countries. Investors have used structured products for long enough to know that they will make money from these products again, despite negative press coverage and the current fetish for cash. Richard Jory reports

Dirk Hess, Citi

Deutsche Bank released a research report in October entitled Comeback of the German consumer, which tracked falling unemployment, continued economic growth and a large rise in consumer confidence in Germany. Market research company Gfk's consumer confidence index rose by 0.6 points to a three-year high of 4.9 in October, while its index of business expectations jumped to 53.5 in September from 46.6 in August and its index of consumer willingness to spend rose to 30.7 from 27.9 in the same month

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