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

While the economy and markets have changed a lot in 50 years, one truism has survived the crucible of time: The market is driven by greed and fear. Of the two, fear expresses itself much more quickly and intensely. No one goes broke for failing to… Read More

In their recent reports, the IEA and OPEC present almost identical numbers, with both forecasting that oil demand will top supply in 2024. But there is a difference in emphasis. The IEA expects China’s economy – the world’s largest in terms of purchasing power parity – to continue to disappoint… Read More

This issue of TCI is all about protection, which should be investors’ top priority. As we detail to the right, the market and the U.S. economy are likely one catalyst away from a major fall. We’re hyper-focused on investments to keep you whole despite the turbulence. It’s… Read More

The Fed’s once-vaunted forecasting abilities are now little more than coin flips. About five months ago, the pricing of options on Fed funds, for which Fed economic commentary plays a major role, suggested a 65% probability of three or more rate cuts and a less than 10% likelihood of one… Read More