New York Times Best Seller!
Dr. Stephen Leeb believes the U.S. economy is facing a significant downturn due to a severe oil shortage. This resource has been closely linked to economic stability for the past 30 years. Leeb, the author of several books, including “Getting In on the Ground Floor,” argues that the United States must reduce its dependence on oil imports in the long term.
Dr. Leeb advises individuals to select investments based on the long-standing relationship between oil prices and the stock market. He has several solid observations from the past 40 years of stock performance and oil prices.
“Since 1973, the economy and stock market have danced to oil’s tune. Sharp rises in oil prices have led to recession/stagflation and plummeting stocks while declining prices or just mildly up-trended prices have led to good times.”
“The Oil Factor” offers a historical context while analyzing various industries, specific companies, and investment options such as bonds and Treasury notes. Dr. Stephen Leeb’s thesis is well-researched, and the book provides a solid, concise overview of economic trends and the stock market.
AUTHOR > INVESTMENT ADVISER > RENOWNED ECONOMIST
Stephen Leeb is a distinguished author, investment advisor, and esteemed economist, bringing over 40 years of invaluable experience in the analysis of financial markets. His remarkable ability to uncover intricate and often overlooked trends in macroeconomics, science, and geopolitics is truly impressive, as he skillfully delineates their investment implications and invites fresh perspectives that often challenge conventional thinking. Leeb has penned nine insightful books on investing, economics, and geopolitics, including his latest publication, “China’s Rise and the New Age of Gold: How Investors Can Profit from a Changing World“ (2020, McGraw-Hill Education). Together with his colleague Kuen (Scott) Chan, he plays a pivotal role as an editor and advisor for the innovative investment publication Turbulent Times Investor. Furthermore, Dr. Leeb is the visionary founder and Research Committee Chairman of Leeb Capital Management, a prominent wealth management firm located in Manhattan, New York.
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