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

History can provide a useful guide to market behavior – but not if you’re in a situation different from anything seen before. That’s the case with commodities today. Today’s shortages and high prices differ from past periods of spiking oil because they don’t have political causes. Rather, they reflect fundamental… Read More

This is one of the most difficult and challenging times our country and the world have ever faced. I think these times offer just one potential win-win solution both as an investment for individuals and as the essential underpinning of a new world order. And that is gold. The only… Read More

The latest weekly release from the Energy Information Administration (EIA) says it all. The agency – the U.S. counterpart to the IEA, which represents all developed countries –reports that despite lower demand, U.S. oil inventories continue to drop sharply and remain well below five-year lows. While high prices have curtailed… Read More

The market is dealing with something different: worldwide physical scarcities in energy and food. In this environment, what worked in the past can backfire. The monetary sanctions against Russia are proof. After sanctions initially caused a quick 70% decline in the ruble, Wall Street and Western governments… Read More

Trade Alert: Sell The J.M. Smucker Company (NYSE: SJM) In our update last week and in the upcoming June issue, we highlighted J.M. Smucker (NYSE: SJM) as one of our low-risk/hedge stocks that had achieved a positive return so far this year. Unfortunately, in recent days that has… Read More

Gold is a critical part of our Real World Investing strategy. But up until around 25 years ago, I wasn’t a gold bull. Then in the late 1990s, I became convinced that gold would become a critical investment based on my growing awareness of the rapid emergence of the developing… Read More