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When Headlines Rattle Markets, Stay Grounded

Josh Sheluk, CIO & Portfolio Manager

Markets woke up on the wrong side of the bed this morning. Global stocks dropped about 3% following the U.S. announcement of sweeping tariffs on imports from virtually every country—yes, even the uninhabited Heard and McDonald Islands. Whatever the intended political message, the economic result is clear: uncertainty.

At Verecan, we understand this kind of news can be unsettling. We’ve seen this reaction before—fear, confusion, knee-jerk moves. It’s natural. But our role is to bring calm and clarity when emotions are running high.

Here’s what we want you to know:

  • We’ve Been Here Before: Over the past five years alone, markets have weathered a global pandemic, record-high inflation, wars, oil crashes, and recessions. Each time, portfolios recovered—and grew. This is another bump in the road, not the end of it.
  • Reacting Emotionally Is Costly: It’s uncomfortable to watch your investments dip, but rash decisions rarely lead to better outcomes. Our portfolios are built for exactly this kind of environment: diversified, intentional, and designed for long-term wealth.
  • Your Safer Assets Are Working: Bond positions and cash holdings are doing their job—providing stability, income, and opportunity.
  • We’re Already Taking Action: We’ve taken advantage of today’s market overreaction, adding to positions we believe were oversold. Volatility creates opportunity, and we’re actively looking for it.
  • No One Knows the Next Move: Tariffs could last two months or vanish in two weeks. Trying to time the markets is guessing. Our discipline lies in sticking to the plan—not chasing headlines.

If you’re feeling uneasy, talk to us. Sometimes just hearing a familiar voice makes a world of difference. We’re here to help you make informed, grounded decisions—always.

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Verecan Capital Management Inc. is the portfolio manager of both the Verecan Global Equity Fund and the Verecan Global Income Fund (the “Verecan Funds”). Majestic Asset Management is the investment fund manager of the Verecan Funds.