Cem Karsan Warns The S&P 500 Lost 40% in Real Terms Over 14 Years – And It Could Happen Again

Cem Karsan, founder of Kai Volatility Advisors and a recurring guest on Adam Taggart’s Thoughtful Money podcast, delivered a warning that cuts deeper than typical valuation concerns.

The danger he sees is a slow erosion of purchasing power stretched across more than a decade, a regime most living investors have never personally invested through. The ...