More on risk re-pricing in 2013

Here is a brief economic commentary on US student loans. I have been fairly sanguine about some of the market turbulence in 2013. From the fiscal cliff to the sequester to the Japan rate rise to the Fed tapering, I haven't seen a trigger for wholesale risk repricing. I want to flag student loans though because I think this could be a problem.
Back at the end of last year when I felt a full-scale fiscal cliff scenario would mean recession, I was still sanguine enough to note that you do need to g...

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