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

You can deduce a lot from the chart on p.5, which shows how key currencies have performed since Russia launched its vicious war against Ukraine. In the face of the U.S. hurling its entire arsenal of financial weaponry at Russia, the ruble has gained ground while the euro and especially… Read More

How messed up is this: In a world of commodity scarcities, countries that are the major commodity consumers are battling, on various fronts, the major producers. To get to a sustainable world, something has to give. At some point the world must recognize the global-scale gravity of the problem of… Read More

Only a few months ago, the IEA was urging the world to cut back on oil supply. Several major oil companies had further trimmed already extremely lean capital budgets. Most producers aimed to keep production steady and weren’t looking to increase production capacity. The IEA had… Read More

According to some medical research, a degree of stress is actually good for your health. Let’s hope that’s true, because investors will likely find the market increasingly stressful. The volatility seen in recent months, far from fading away, will intensify as the world lurches towards making a momentous and essential… Read More

I think the Russia/Ukraine situation is likely a gift to China, a country that, far more than Russia, is our biggest rival and the greatest threat to our position in the world. That’s because, whatever the war’s outcome, the U.S. will lose on many fronts when it comes to relative… Read More

According to some medical research, a degree of stress is actually good for your health. Let’s hope that’s true, because investors will likely find the mar­ket increasingly stressful. I think the volatility seen in recent months, far from fading away, will inten­sify as the world lurches towards making a momentous… Read More

The war in Ukraine is a horrific situation, but it’s also testament to a phenomenon I’ve long warned about: growing resource scarcities. I don’t believe Putin would have launched the war if not for growing pressures on resources, especially energy. And as the fighting continues, resources the world desperately needed… Read More