Macro
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defense · sector mood
2003
year mood
+0.58
· +0.24 to +0.70 across 12 mo
Monthly mood
bearish −1
+1 bullish
month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.60 | +0.60 | +0.24 | +0.70 | +0.60 | +0.60 | +0.60 | +0.60 | +0.60 | +0.60 | +0.60 | +0.60 |
The March Iraq invasion opened peak wartime spending, with massive supplementals funding operations, munitions and equipment replacement.
How this mood is scored ▾
Each day the model reads that day's news for the sector and asks, as someone who owns assets or
makes their living in it: how am I feeling this month, and why?
The month's mood is that running answer, tied to the specific events driving it (the story shown
above). It leans on trusted, higher-impact reporting, and on the prior month when a month is
quiet, so one loud headline can't swing it. The read updates daily through
the month; once a month ends, its mood is locked.
This year is read live from the news the pipeline actually collected (hover a bar for its story count).
· last computed Jul 11, 2026
Top defense stories of 2003
Mar
U.S.-led coalition launches Iraq invasion with 'shock and awe' strikes
cnn.com →
The U.S. and coalition forces initiated a military campaign against Iraq with cruise missile strikes targeting Saddam Hussein, marking the start of the Iraq War. President Bush declared the operation aimed at disarming Iraq and freeing its people, while Saddam denounced the attack as 'criminal' and vowed resistance. The conflict's onset triggered regional instability, global diplomatic reactions, and significant military mobilization, with potential implications for oil markets and global security.