Core Insights - Investor interest in international equities is expected to persist following the Federal Reserve's second rate cut of the year, with recommendations for actively managed funds like MFS Active International ETF (MFSI) [1][2] - Additional rate cuts are anticipated, although the certainty of a December cut is not guaranteed, reflecting differing opinions among Federal Reserve members regarding future interest rate policies [2][3] Group 1: Federal Reserve and Interest Rates - The Federal Reserve is likely to implement more rate cuts in 2026, which may encourage investors to explore international opportunities [3] - Chairman Powell highlighted the presence of dissenting views within the Fed regarding the direction of interest rate policy, indicating uncertainty in future decisions [2][3] Group 2: Investment Strategy and Fund Characteristics - MFSI aims to create a well-diversified portfolio focused on equities that exhibit a growth-at-a-reasonable-price style, emphasizing quality and potential for strong growth [5] - MFSI's sector weightings as of October 31, 2025, show a focus on financials (23.5%), industrials (16.5%), and information technology (16.3%), providing U.S. investors with opportunities beyond domestic markets [6] Group 3: Currency Impact on International Investing - A weakening U.S. dollar, driven by further rate cuts, could enhance the investment profile for international equities, as local currency strength often correlates with the performance of international economies [7] - The divergence between the strength of international equities and the weakness of the U.S. dollar is expected to continue, positioning MFSI to capitalize on this trend [8]

Core Insights - International equities are outperforming U.S. equities in 2025 after a decade of underperformance leading up to 2024 [1] - The iShares Core MSCI International Developed Markets ETF (IDEV) has achieved a total return of approximately 28% so far in 2025 [1] Investment Trends - There is a growing interest in international markets, particularly in the context of the recent performance of international equities compared to U.S. equities [1] - The investment strategy has evolved to include a combination of long stock positions with covered calls and cash secured puts, indicating a shift towards more complex investment strategies [1]

Core Insights - International equities are outperforming U.S. equities in 2025 after a decade of underperformance leading up to 2024 [1] - The iShares Core MSCI International Developed Markets ETF (IDEV) has achieved a total return of approximately 28% so far in 2025 [1] Investment Strategy - The investment approach focuses on fundamental long-term perspectives, combining long stock positions with covered calls and cash secured puts [1]

Core Insights - The article discusses the investment strategies and focus areas of The Pragmatic Investor, led by economist James Foord, emphasizing the importance of building diversified portfolios to preserve and increase wealth [1] Group 1: Investment Focus - The Pragmatic Investor covers a wide range of areas including global macro, international equities, commodities, technology, and cryptocurrencies [1] - The organization aims to guide investors of all levels through various features such as a dedicated portfolio, weekly market updates, actionable trades, technical analysis, and a chat room for discussions [1]

Core Points - U.S. stock futures remained flat while international equities showed mixed performance, indicating a potential stabilization after recent market volatility [1] Group 1 - U.S. stock futures were flat, suggesting a pause in market movements [1] - International equities displayed mixed results, reflecting varying investor sentiment across different regions [1] - The market appears to be returning to a state of calm following the volatility experienced last week [1]

Core Insights - James Foord is an economist with a decade of experience analyzing global markets, leading the investing group The Pragmatic Investor, which focuses on building diversified portfolios to preserve and increase wealth [1] Group 1: Company Overview - The Pragmatic Investor covers various sectors including global macro, international equities, commodities, technology, and cryptocurrencies [1] - The platform is designed to assist investors of all levels in their investment journey [1] Group 2: Features and Offerings - The Pragmatic Investor offers a portfolio, weekly market update newsletter, actionable trades, technical analysis, and a chat room for discussions [1]

Core Insights - James Foord is an economist with a decade of experience analyzing global markets, leading the investing group The Pragmatic Investor, which focuses on building diversified portfolios to preserve and increase wealth [1] Group 1: Company Overview - The Pragmatic Investor covers various sectors including global macro, international equities, commodities, technology, and cryptocurrencies [1] - The platform is designed to assist investors of all levels in their investment journey [1] Group 2: Features and Offerings - The Pragmatic Investor offers a portfolio, weekly market update newsletter, actionable trades, technical analysis, and a chat room for discussions [1]

Core Insights - The article discusses the role of James Foord as an economist and his leadership in The Pragmatic Investor, which focuses on building diversified investment portfolios to preserve and increase wealth [1] Group 1: Company Overview - The Pragmatic Investor is an investing group that covers various sectors including global macro, international equities, commodities, technology, and cryptocurrencies [1] - The group aims to guide investors of all levels through features such as a dedicated portfolio, weekly market updates, actionable trades, technical analysis, and a chat room for discussions [1]

Core Insights - James Foord is an economist with a decade of experience analyzing global markets, leading the investing group The Pragmatic Investor, which focuses on building diversified portfolios to preserve and increase wealth [1] Group 1: Company Overview - The Pragmatic Investor covers various sectors including global macro, international equities, commodities, technology, and cryptocurrencies [1] - The platform is designed to assist investors of all levels in their investment journey [1] Group 2: Features and Offerings - The Pragmatic Investor provides a portfolio, weekly market update newsletter, actionable trades, technical analysis, and a chat room for discussions [1]

Core Viewpoint - The U.S. Federal Reserve's second rate cut of the year is expected to further weaken the U.S. dollar, which will benefit international equities in 2025 [1][2]. Group 1: Impact of Dollar Weakness - The declining dollar is favorable for non-U.S. equity returns, as highlighted by Thornburg Investment Management [2][3]. - A weaker dollar enhances the performance of international equities, as their returns are often tied to the strength of local currencies [3][4]. Group 2: Investment Strategies - Investors interested in international equities post-rate cut should consider active investment strategies, particularly through Thornburg's funds: Thornburg International Equity ETF (TXUE) and Thornburg International Growth Fund ETF (TXUG) [5][6]. - TXUE offers broad exposure to international equities, while TXUG focuses on growth, making it suitable for investors wary of high valuations in large-cap U.S. growth stocks [6]. Group 3: Risk Management - Thornburg's investment approach includes a risk mitigation process that considers currency hedging, especially during periods of uncertainty [4][7]. - The firm emphasizes buying at a price with a margin of safety, aiming to shield investments from political volatility [7].