This week on Investment Friday, Hannah Chapman, CFP®, and Brad Haines, CFA, FRM, tackle two of the biggest financial stories currently making headlines: the highly anticipated SpaceX IPO and the latest update on Social Security's long-term solvency.

First, Brad breaks down why the SpaceX IPO has captured so much investor attention, what makes this offering unique, and why investors should expect significant volatility in the months ahead.

Then, Hannah and Brad pivot to Social Security, discussing the latest trustee report, what it actually means for current and future retirees, and why thoughtful retirement planning matters now more than ever.

Learn:

• Why the SpaceX IPO is generating so much excitement

• How IPO allocations actually work

• How private markets are changing the IPO landscape

• What the latest Social Security report revealed

• Why Social Security's trust fund projection moved closer

• How much of Social Security benefits could still be paid even if reserves run out

• Potential solutions lawmakers may consider

• Common Social Security mistakes retirees make

• Why retirement income planning requires more than just claiming benefits

Ready to work with a fiduciary CFP to build your long-term wealth strategy? Hannah is currently accepting new clients at X² Wealth Planning. Schedule a complimentary consultation: https://calendly.com/hannahrchapman/25-minute-get-to-know-you-call

Hannah Chapman, CFP®, APMA®, CRPC® | hannah.chapman@x2wealthplanning.com | x2wealthplanning.com

Connect with Brad at bhaines@juncturewealth.com and online at https://www.juncturewealth.com

This week's Investment Friday episode explores one of the most anticipated financial events of the year: the potential IPO of SpaceX—and what it could signal for the future of investing, AI, and public markets.

Hannah and Brad break down how IPOs actually work, why today's private mega-cap companies are going public at valuations never seen before, and what investors need to understand before chasing the excitement surrounding companies like SpaceX, Anthropic, and OpenAI.

They also discuss the risks, opportunities, and market implications of trillion-dollar IPOs, including what happens when index funds are forced to buy these massive companies.

What You'll Learn

• What an Initial Public Offering (IPO) actually is

• Why companies choose to go public

• How investors gain access to IPO shares

• Why SpaceX's valuation is making headlines

• What happens when trillion-dollar companies enter public markets

• How IPO allocations work for individual investors

• Why many IPOs struggle immediately after going public

• The role of index funds in mega-cap IPOs

• Potential implications for the S&P 500 and Nasdaq 100

• Why valuation matters—even for great companies

• How SpaceX compares to past IPOs like Meta (Facebook)

• The potential future relationship between Tesla and SpaceX

Ready to work with a fiduciary CFP to build your long-term wealth strategy? Hannah is currently accepting new clients at X² Wealth Planning. Schedule a complimentary consultation: https://calendly.com/hannahrchapman/25-minute-get-to-know-you-call

Hannah Chapman, CFP®, APMA®, CRPC® | hannah.chapman@x2wealthplanning.com | x2wealthplanning.com

Connect with Brad at bhaines@juncturewealth.com and online at https://www.juncturewealth.com

This week's Investment Friday episode takes a deep dive into one of the most overlooked—but critically important—parts of portfolio construction: fixed income and bond strategy.

Hannah and Brad unpack why rising bond yields matter, how inflation and interest rates are impacting markets right now, and why many investors don't fully understand the role bonds are supposed to play inside a portfolio.

They also explore the difference between individual bonds vs bond funds, why higher yields create both risk and opportunity, and how thoughtful fixed income management can help create stability and income during retirement.

What You'll Learn

• Why summer markets often become more volatile

• How inflation and oil prices are affecting interest rates

• What the yield curve actually means (in plain English)

• Why mortgage rates follow Treasury yields

• How rising yields impact bond prices

• The difference between individual bonds and bond ETFs

• Why fixed income should prioritize safety and stability

• The risks of floating-rate and lower-quality bonds

• How active bond management differs from “set it and forget it” investing

• Why bonds become more important near retirement

• The unique experience and perspective Brad's Financial Risk Manager (FRM) designation brings to Juncture Wealth Strategies and X² Wealth Planning

Connect with Hannah at Hannah.Chapman@x2wealthplanning.com and online at https://x2wealthplanning.com

Connect with Brad at bhaines@juncturewealth.com and online at https://www.juncturewealth.com

This week's Investment Friday episode dives into one of the biggest tensions in today's economy: strong corporate earnings and booming AI investment alongside a growing divide between corporate profitability and everyday household pressure.

Hannah and Brad unpack why markets are continuing to hit all-time highs, what the latest inflation data means for interest rates, and why the Federal Reserve may have a much harder job ahead than many investors realize.

The second half of the episode explores the rapidly evolving AI landscape—from Anthropic and ChatGPT to the real-world limitations of artificial intelligence, labor productivity, and the future of human-centered work.

Learn:

• Why markets are still reaching new highs

• What strong earnings are signaling about the economy

• How inflation came in hotter than expected again

• Why the Fed may not be able to lower rates soon

• How AI spending is contributing to inflationary pressure

• The difference between AI hype and current reality

• Why AI still “hallucinates” and makes errors

• How the AI revolution compares to the internet boom

• Why data centers and infrastructure take years to build

• Which careers may become more valuable in an AI-driven world

• Why human connection and trust still matter deeply in financial planning

Connect with Hannah at Hannah.Chapman@x2wealthplanning.com and online at https://x2wealthplanning.com

Connect with Brad at bhaines@juncturewealth.com and online at https://www.juncturewealth.com

This week's episode is a powerful reminder that uncertainty is always present in investing—even when markets are hitting all-time highs.

Despite geopolitical tension in the Middle East, ongoing oil market volatility, and continued concerns around inflation, the markets surged again this week. Hannah and Brad unpack why that's happening, what's driving earnings growth right now, and why investors often underestimate their biggest long-term risk: inflation.

The second half of the episode shifts into a deeply important financial planning conversation around inheriting wealth, sitting on large amounts of cash, and the emotional process of learning to trust an investment strategy over time.

You will learn

• Why markets rallied to new highs this week

• The impact of Iran ceasefire negotiations and oil prices

• Why earnings growth continues to support equities

• What happens when countries leave OPEC

• How oil supply impacts inflation and global GDP

• Why inflation—not volatility—is often the bigger long-term risk

• The emotional side of inheriting wealth

• Why many investors stay in cash too long

• A practical framework for easing into investing

• How long-term investing overcomes fear-based decision making

Connect with Hannah at Hannah.Chapman@x2wealthplanning.com and online at https://x2wealthplanning.com

Connect with Brad at bhaines@juncturewealth.com and online at https://www.juncturewealth.com

This week is a powerful reminder that markets don't always move the way we expect them to.

Despite geopolitical tension, a U.S. naval blockade impacting global oil flow, and rising uncertainty heading into midterm elections, markets are pushing toward all-time highs.

In this episode, Hannah and Brad break down why that's happening—and what investors should actually be paying attention to right now.

They also dive into one of the most important (and often overlooked) financial planning moments: what to do when you sell your business—and how to prepare before that moment arrives.

Learn:

• Why markets can rise during geopolitical conflict

• How strong earnings are driving current market performance

• The real impact of the Strait of Hormuz disruption on inflation

• Why interest rates are likely staying higher for longer

• What's happening with AI, private markets, and massive tech growth

• Why IPOs are happening less frequently—and what that means

• How to plan for a business sale (before it's too late)

• The importance of timing and tax strategy in exit planning

• Why midterm elections increase volatility (and fear-based messaging)

• How to stay grounded when media narratives intensify

Connect with Hannah at Hannah.Chapman@x2wealthplanning.com and online at https://x2wealthplanning.com

Connect with Brad at bhaines@juncturewealth.com and online at https://www.juncturewealth.com

This week was a perfect example of how markets can feel chaotic while still quietly reaching new highs.

Despite ongoing geopolitical tension, rising inflation, and uncertainty around interest rates, both the S&P 500 and NASDAQ hit intraday all-time highs—a powerful reminder that volatility doesn't just happen on the downside.

In this solo episode, Hannah breaks down what's actually driving markets right now, why inflation is complicating the outlook for rate cuts, and—most importantly—how to stay grounded in your financial plan when the world feels uncertain.

• Why markets can hit all-time highs during global conflict

• The role of earnings in driving stock market performance

• How rising oil prices are pushing inflation back up

• Why the Fed may delay interest rate cuts

• The real impact of tariffs on businesses vs. consumers

• How to avoid fear-based financial decisions

• Why financial planning creates emotional and financial stability

• How tools like Monte Carlo analysis help you stay on track

Connect with Hannah at Hannah.Chapman@x2wealthplanning.com and online at https://x2wealthplanning.com

Connect with Brad at bhaines@juncturewealth.com and online at https://www.juncturewealth.com

This week was a powerful reminder that markets don't always move in sync with the headlines.

While geopolitical tension, oil disruptions, and rising costs dominate the news cycle, the market has quietly pushed higher—driven not by fear, but by something far more fundamental: earnings growth.

In this episode, Hannah Chapman, CFP®, APMA®, CRPC®, and Brad Haines, CFA®, FRM®, Chief Investment Officer at Juncture Wealth Strategies break down why volatility and strong market performance can coexist—and what investors often misunderstand in moments like these.

They also discuss one of the most important (and overlooked) financial transitions: how to responsibly navigate a major windfall or inheritance without letting emotion derail your long-term future.

• Why markets can rise even when the news feels negative

• The real driver behind stock market performance: earnings

• How oil shocks and geopolitical conflict impact inflation (short-term vs long-term)

• The difference between speculation and fundamentals in the AI boom

• Why emotional decisions—not market downturns—pose the biggest financial risk

• The #1 rule after receiving a large inheritance or windfall

• How to think about stewardship, legacy, and intentional wealth use

• A practical framework for structuring wealth: emergency, income, legacy, and philanthropy

Connect with Hannah at Hannah.Chapman@x2wealthplanning.com and online at https://x2wealthplanning.com

Connect with Brad at bhaines@juncturewealth.com and online at https://www.juncturewealth.com