The pause before paradise?

If you think markets are finally at the bottom, this could be the time to start making the switch from cash. You could also plump for credit products in 2009. All that is required is a return of stability, meaning no more horror stories. But how likely is that? Although some structured products look attractive, 'wait and see' remains the prevailing theme. Richard Jory reports

The only certainty for 2009 is that no one knows for sure what shape the retail structured products market will take. By February we should get an idea of what it will be like, at least for the year. January is not traditionally the busiest month, and the first quarter is also not the home to most issuance. The second quarter, when issuance usually hits the heights, will probably tell us more.

All of this is contingent on the return of some degree of stability in the broader financial markets

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