Stephen Leeb

Stephen Leeb, Ph.D. is the Chief Investment Strategist of The Complete Investor and Real World Investing.

Dr. Leeb’s books have been notable for predicting the secular bull market that started in the 1980s (Getting in on the Ground Floor, Putnam, 1986); the tech stock crash and rise of real assets, including oil and gold (Defying the Market: Profiting in the Turbulent Post-Technology Market Boom, McGraw-Hill, 1999); and the surge in oil prices (The Oil Factor: Protect Yourself and Profit from the Coming Energy Crisis, Warner Books, 2004). His national bestseller, The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel (Warner Books, 2006), co-authored with Glen Strathy, outlined the biggest challenges facing the US economy, and accurately predicted the 2008 sub prime mortgage crisis as well as the vicious subsequent economic cycle requiring massive infusions of government stimulus, near zero interest rates and much higher federal debt levels. Game Over: How You Can Prosper in a Shattered Economy (Business Plus, 2009) predicted a permanent peak in global commodity production. Dr. Leeb’s eighth and latest book, Red Alert (Hachette, 2011), outlined China’s growing prosperity and the ways in which its demands on increasingly scarce resources threaten the American way of life.

Among his many speaking engagements, he has been the keynote speaker at both a JPMorgan Chase energy conference and a Royal Bank of Canada commodities conference.

Dr. Leeb received his bachelor’s degree in Economics from the University of Pennsylvania’s Wharton School of Business. He then earned his master’s degree in Mathematics and Ph.D. in Psychology from the University of Illinois in just three years, an academic record that stands to date. He is frequently quoted in the financial media, including Investors Business Daily, USA Today, Business Week, The New York Times, NPR and The Wall Street Journal. In addition, Dr. Leeb is a regular guest on Fox News, Bloomberg, CNN and Neil Cavuto.

Analyst Articles

Intensifying competition and chest-pounding confrontation instead of win-win cooperation. That’s the path the world has chosen for now, as the Ukraine war and the heightened tensions over Taiwan show. An implication is that – any Fed rhetoric notwithstanding – economic policy will tilt towards growth rather… Read More

Intensifying competition and chest-pounding confronta­tion instead of win-win coop­eration. That’s the path the world has chosen for now, as the Ukraine war and the heightened tensions over Taiwan show. An implication is that – any Fed rhetoric notwithstanding – economic policy will tilt towards growth rather than towards curb­ing inflation. Read More

The U.S. is at a critical crossroads. We’ve been approaching it for years, but recent missteps – specifically, our actions in regards to Russia/Ukraine and China – have brought us to the edge. And there’s a lot at stake. Our actions in Ukraine and our willingness to provoke the Chinese… Read More

Buy MP Materials (NYSE: MP) Growing tensions with authoritarian countries have accentuated the need for America and its allies to be more self-reliant on critical minerals. These include rare earth element (REE), the supply of which China has a stranglehold. MP Materials (NYSE: MP) is our nation’s best hope to… Read More

Buy Invesco Optimum Yield Diversified Commodity Strategy (PDBC). Despite the recent pullback in commodities, I just do not see a way to avoid resource scarcity unless the world’s super powers cooperate. Unfortunately, such cooperation doesn’t seem imminent. Therefore, I continue to strongly believe natural resources are the best hedge against… Read More

If you want an example of how well the sanctions are going, check this out. The U.S. and the EU are now both tightening due to multi-decade highs in inflation. Yet resource-rich Russia is lowering its interest rate as inflation dropped to pre-war levels. Meanwhile, the ruble is the world’s… Read More

These days even the most stalwart investors likely are feeling somewhat seasick as market volatility continues. This volatility is a consequence of a market desperately seeking new guidelines for new times. For the first time ever, the Fed has had to confront inflation in the context of… Read More