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

Trying to parse the different takes on the oil market from the IEA (representing the West) and OPEC (representing OPEC and the East) gives new meaning to reading between the lines. In its latest monthly outlook, the IEA sharply lowered its forecast for oil demand in the… Read More

The unemployment rate, at 3.7%, is just a couple of ticks above levels last seen about 70 years ago. Unemployment insurance claims are just slightly above recent lows, which were the lowest levels ever reported. And year-over-year GDP growth is about 30% above its 10-year average. The… Read More

Today’s global oil market is glaring evidence that economics as we once knew it has done a loop de loop. The most trusted sources of worldwide energy information are the IEA and OPEC, both of which publish monthly updates. The U.S.-based EIA is oriented more to the U.S. market. Read More

The Fed, as we’ve noted before, no longer writes the market letter. But it does retain one power – the power to make things worse. Which it will do if it persists in pursuing 2% inflation, a course that will lead to economic catastrophe. Since the Great… Read More