Macro
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month values ▾
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.20 | +0.20 | +0.20 | +0.20 | +0.20 | +0.20 | +0.20 | -0.03 | +0.10 | +0.10 | +0.20 | +0.20 |
The chaotic August Afghanistan withdrawal ended a 20-year war and its supplementals, but the pivot to China as the pacing threat and NDAA support kept the base budget stable.
How this mood is scored ▾
The U.S. military has fully withdrawn from Afghanistan, concluding a 20-year conflict that began after the 9/11 attacks. The evacuation, led by U.S. Central Command, extracted over 120,000 people, but left behind security concerns and a Taliban-controlled regime. The shift from military to diplomatic engagement may impact regional stability and U.S. foreign policy, with potential implications for global counterterrorism efforts and defense-related markets.
Australia has canceled its €56 billion submarine contract with France and partnered with the U.S. and UK under the AUKUS pact to acquire nuclear-powered submarines, shifting defense strategy to counter China. The move strains EU relations, triggers French diplomatic backlash, and signals long-term defense industrial shifts in the Indo-Pacific. Market implications include disrupted defense contracts and increased U.S.-UK defense sector opportunities, while French defense firms face financial and strategic setbacks.