It was a calm summer week as investors anticipated information from the U.S. Federal Reserve, The European Central Bank and elsewhere.

U.S. and North Korea tensions that spooked investors have since calmed

Japan and global equity funds led to the ninth straight week of inflows for developed markets, but investors are still sour on U.S. funds

U.S. fiscal policy, European monetary policy and an aging bull market pushed them to energy, utilities and commodities (primarily gold).

Like climate change, the forces driving investors to passive investing may be too far along to turn back. The velocity toward index-driven dystopia appears to be increasing.

Among the assets under scrutiny are emerging-market bonds, which for only the third time in history are yielding less than U.S. junk debt.

The Shanghai Composite Index began moving upward mid-year, and reached its highest level since December 2015 on Monday.

Former Edward Jones advisor sues over fake Craigslist ads, relying on backtested data can be dangerous, and Envestnet-PMC offering long/short equity strategies.

All it took was the best stock picking in a decade.

Whatever the speeches bring, history shows Jackson Hole does provide the opportunity for market fireworks.