Review of the 1980s -- 1990 and the first Persian Gulf War -- Stealth bear market of 1994 -- 1997 Asian currency crisis and deflation -- 1999 intermarket trends leading to market top -- Review of intermarket principles -- NASDAQ bubble bursts in 2000 -- Intermarket picture in spring 2003 -- Falling dollar during 2002 boosts commodities -- Shifting from paper to hard assets -- Futures markets and asset allocation -- Intermarket analysis and the business cycle -- Impact of the business cycle on market sectors -- Diversifying with real estate -- Thinking globally

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