This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron's.Oct. 27: For the past five years or so, China has been one disappointment after another for equity investors . It wasn’t that long ago that global investors genuinely cared about Chinese policy shifts and moves in Chinese markets. Today, China isn’t even an afterthought.
Oct. 27: For the most part, we’ve seen Bitcoin act more like a growth stock over the past several years under more normal market conditions. The rally we’ve seen in October, however, looks like something different. There’s a fair amount of noise around the potential approval of a Bitcoin exchange-traded fund by the SEC right now, but when considered in conjunction with other asset classes, I think we’re seeing a structural hedge taking place.