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

The two major oil reports continue to show marked differences. The West’s IEA expects supply will easily top demand through at least 2025. By contrast, OPEC+ expects oil demand will exceed supply by about half a million barrels a day for all of 2024 and 2025. Which is closer to… Read More

The exigencies of TCI’s printing schedule mean I’m writing this column under a particular handicap: I need to finish it without knowing what the Fed will decide to do just a few hours later. Will it raise rates by a lot? A little? Not at all? And how will the… Read More

The uncertainty in today’s world is on full display in the two most recent major monthly reports on projected oil supply and demand. The Western-sponsored IEA projects oil demand will rise by about 900,000 barrels a day in 2024 and 950,000 barrels a day in 2025. OPEC projects an increase… Read More

Oil is often called “black gold.” As with gold, you always can find a buyer for it. If there were a convenient way to store oil, it even could function as a currency. Oil’s currency-resembling nature is on display today as heavily sanctioned countries like Russia use their oil as… Read More