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

In many ways, the U.S. today has less control over its economy than ever before. We have been a country richly endowed with resources, but we’ve run so hot for so long, and been so profligate, that much of that initial endowment is gone. This could… Read More

The horrific events in the Mideast are the latest geopolitical developments demonstrating how times have changed for the U.S. economy. The Fed, once the key player when assessing market trends, is no longer proactive but must simply react to forces beyond its control. The most important of these relates to… Read More

Sell Endeavour Mining (OTCMKTS: EDVMF) and Li-Cycle (NYSE: LICY) Li-Cycle (NYSE: LICY) announced that it will pause construction for its Rochester Hub because of high costs. The pause could affect the $375 million loan commitment it has with the U.S. Department of Energy. The plant was expected… Read More

For more than 10 years we’ve argued the economy is on a tightrope between inflation and deflation. As long as the Fed could maintain control by pouring money into financial assets, we could walk it successfully. But that only worked when we had enough sway over the world to keep… Read More

I’ve been warning about the risks, but this is one bow I wish I didn’t have to take. The sharp gains in oil prices could push an already vulnerable market over the line. Specifically, the 50% rise in prices over the past three months means further gains of just 15%… Read More