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 Time Has Come… Exit Stage Left

Jimmy Butts
June 17, 2022

In last week’s issue, I warned, “Right now, we’re enjoying the boom part of it (energy stocks). But rest assured, the bust will happen and that’s when our mettle will be tested.” I don’t know if this is the start of a broader meltdown in energy stocks, but I… Read More

How To Invest Like A “Robber Baron” Of The Future…

Jimmy Butts
June 15, 2022

You’ve undoubtedly heard of the robber barons. These affluent industrialists were considered some of the wealthiest — and most successful — businessmen of the 18th and 19th centuries. (The term originally appeared in the August 1870 issue of The Atlantic Monthly magazine.) The most famous robber barons have become standard… Read More

This No-Brainer Pick For Higher Oil Prices Is Still Dirt Cheap…

Jimmy Butts
June 15, 2022

Well, it’s official. After flirting for weeks, the S&P 500 officially closed into “bear” market territory yesterday. For context, a bear market is defined as a pullback of at least 20%. I’m not sure how the 20% mark became the invisible line to determine a “bear market.” There’s not much of a difference between a 19.8% decline compared with a 20.1% decline. It’s just as painful whether it’s officially a bear market or not. But I digress… Despite some of the most tumultuous sessions we’ve seen since the initial days of Covid, most of my holdings over at my premium… Read More

Well, it’s official. After flirting for weeks, the S&P 500 officially closed into “bear” market territory yesterday. For context, a bear market is defined as a pullback of at least 20%. I’m not sure how the 20% mark became the invisible line to determine a “bear market.” There’s not much of a difference between a 19.8% decline compared with a 20.1% decline. It’s just as painful whether it’s officially a bear market or not. But I digress… Despite some of the most tumultuous sessions we’ve seen since the initial days of Covid, most of my holdings over at my premium services have held up fairly well. In fact, some have fared downright fantastically. What’s our secret? Well, it’s really not a secret at all… If you’re a regular reader, you know that I’ve been heavily recommending oil & gas stocks since January. And even if you don’t then you probably know that most energy stocks weathered the storm better than other sectors. And while I’m not sure if we’ve found a market bottom yet, our holdings don’t care… At various points, I’ve recommended names like Chevron (NYSE: CVX), ConocoPhillips (NYSE: COP), Chesapeake Energy (Nasdaq: CHK), Suncor (NYSE: SU), and more…… Read More