Watch Live: Paul Ryan Explains Why He Pulled The Health Bill

Following two days of utter chaos in Washington D.C., the Republicans in the House have finally called it quits and laid to rest, at least for now, efforts to repeal and replace Obamacare.  Tune in here as Paul Ryan attempts to explain the failure.

Retail Flows Are Finished: RBC Warns "New Regime" For Stocks About 'Hard' Data & Earnings

'Reflation'-themed fund-flows are fading fast (with equities, cyclicals outflows accelerating), and 'higher rate beneficiaries'-linked bond flows (bank loans, HY, inflation protected) slowing to multi-month lows. As RBC's head of cross-asset strategy, Charlie McElligott notes, their model shows the ETF inflow story is no longer a price-driver of short term stock market pricing... "it's a new regime."

VIX Options Activity Spikes Most Since Brexit As Healthcare Vote Looms

With tail risk hedges (SKEW) at record highs, and normal risk hedges (VIX) beginning to rise, it appears anxiety over Trump-Trades is growing. This week saw VIX options activity soar to its highest since Brexit (led by bearish market VIX Call volumes). VIX over 13 yesterday was 2017's highs, but remains notably below the 'norms'.

The Swamp Drains Trump

So, the long and the short of it is that the RussiaGate story is spinning out of control, and Trump’s adversaries - who go well beyond Congress into the Deep State - might be getting enough leverage to dump Trump. Either they will maneuver him and his people into some kind of perjury rap, or they will tie up the government in such a web of investigative procedural rigmarole that all the country lawyers who ever snapped their galluses will never be able to unravel it.

An Obama Plot To Sabotage Trump?

We need to know who colluded with the Russians, if anyone did. But more critically, we need to unearth the deep state conspiracy to sabotage a presidency. So far, the Russia-connection investigation has proven a dry hole. But an investigation into who in the FBI, CIA or NSA is unmasking U.S. citizens and criminally leaking information to a Trump-hating press to destroy a president they are sworn to serve could prove to be a gusher.

Plan B: Trump To Blame Ryan, Priebus If Vote Fails

"Trump’s core supporters regarded Ryan as at best unimportant during the presidential campaign and at worst a poster child for the sort of establishment, scripted politician they loathed."

"Germany’s Dumbest Bank" Makes $5.4 Billion Transfer In Error

“The mistake was rapidly identified and eliminated, and the amounts overpaid were successfully demanded back. We regret that during works on the systems, this incident could happen due to human error owing to a configuration mistake.”