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" ... "There are not 13 votes for this pile of crap Mnuchin is capitulating on," one Senate GOP staffer familiar with discussions told the Washington Post, referencing the 13 Republican votes that would be needed to reach the 60-vote threshold required to pass a bill in the Senate (assuming all 47 Democratic Senators are on board–which is nearly a given). ... "
" ... Equity market volatility as measured by the VIX is at low levels not seen in many, many years. As Marko Kolanovic of JPMorgan writes, “Low volatility is not a new normal or fundamentally justified.” Several years of artificially low interest rates and financial repression have created several unintended consequences including, what I like to call, index-fund mania. Even the shorts are capitulating, as bets against the largest S&P 500 ETF fell to their lowest level of short interest since May 2013, according to the WSJ. ... "
" ... Nevertheless, even before last night’s ruling, the Canadian negotiators already appeared unwilling to budge over Chapter 19. Their position is likely to harden as a result of the Bombardier decision, even though Chapter 19 would not have prevented this outcome, nor will it deliver justice sooner or more thoroughly. To part with a tool that has both symbolic and political value to Canadian negotiators--like a moose head upon a hunter's fireplace mantle--would make the Canadians look like they're capitulating under pressure from the Americans. Frankly, it would be a "concession" that could enable Canada to secure other goals in the NAFTA. ... "
" ... No doubt Tony Clark’s concern is that last winter’s slow free agent market showed that the owners are at least showing signs of weariness over big money, long-term deals for 30ish players, which rarely work out. Even though the likes of Hosmer and Darvish ultimately got their money, their poor performances so far could spur the owners to stick it out all winter next time instead of capitulating near the end. ... "
" ... This move demanded a response from Newsom, who couldn’t be seen as capitulating to Trump. So, California launched a lawsuit seeking to block the Trump administration from taking back its $929 million. ... "