Introduces five specific indicators for evaluating the stock market that investors can use to assess financial possibilities in any economic environment
Stephen Leeb is a money manager and investment adviser. For more than 45 years he has been guiding investors via newsletters, books, blogs, and appearances on financial news networks including CNN, Fox News, NPR and Bloomberg TV. Currently he edits the investment letter The Complete Investor, which he founded in 2003. Within its first year of publication, it won an award for editorial excellence from the Newsletter and Electronic Publishers Foundation, winning the award again in 2005.He also is owner and chief investment officer of Leeb Capital Management (LCM), a New York-based wealth management firm. Leeb is the author of nine books on finance, investing, and geopolitical trends, starting with “Getting in on the Ground Floor” (1986) through his most recent, “China’s Rise and the New Age of Gold” (2020). He has been called one of the country's foremost financial experts by Business journalist Charles Gasparino and one of the greatest long term strategists of his generation by American billionaire businessman Thomas Kaplan which can be summarized by Kaplan's statement and foreword in Leeb's 2012 release of Red Alert saying "I would caution readers to dismiss Stephen Leeb's warnings only at their peril." Leeb is married to Donna Leeb, also an author, and lives in New York City, New York.
Excellent and clear read. This book was written in 1993 and as such most people would regard it as irrelevant to 2023. Exactly the opposite is true. The book explains clearly how the stock market cycles relate to inflation trends and provides 5 ways to time bull and bear markets, including commodity trends , PE's adjusted for inflation (real PE's) interest rates , Money supply and unemployment trends. Leeb provides an excel formula linking them all together to give you a methodology to time the market. Highly recommended if you can find it. The advice is as timely today as it was in the early nineties.