How to profit as German consumers start spending again

The future of the global economy depends on rebalancing, we're told. Countries that had consumer booms have seen those turn to busts. Now they need to become more productive. And countries that have so far been driven by exports will need to encourage domestic consumption, as their overseas customers stop spending. In Britain, our hopes hang on the manufacturing sector. And there are some signs that we are at least nudging the economy in that direction. Manufacturing has certainly been one of the healthiest sectors over the past year. But there's another rebalancing story in Europe that's rather more convincing.