If the trade war momentarily played second fiddle to Jerome Powell’s Jackson Hole address, it has come crashing back to the forefront of concerns as most markets prepare to re-open for business Monday. Renewed tension between the U.S. and China has strategists betting investors will continue to seek the safety of government bonds, gold and the Japanese yen. Riskier assets are likely to decline, with some analysts predicting further depreciation of the Chinese yuan. Stocks in the Middle East on Sunday gave global investors a taste of what’s to come, with indexes in Israel and Saudi Arabia falling at least 2%. ... (full story)