Stephen Leeb: Stock Bubble Will Burst

Thursday, August 13, 2009 11:46 AM

By: Dan Weil

Financial author Stephen Leeb thinks stocks will run out of steam soon.

While GDP growth could reach 6 percent in the third quarter, it’s not sustainable, he writes on Seeking Alpha.

“All the growth we'll see will be the result of unsustainable factors such as inventory accumulation, car production increases (due to the cash for clunkers program) etc.,â€