Yahoo · Jul 30, 2026
Middle Powers Like Japan and Canada Are Forming Their Own Alliances and It Could Spark a Multi-Year Capex ‘Super Cycle’
The U.S. and Iran conflict continues, and despite a bit of volatility, oil prices remain shockingly blasé. President Donald Trump announced another round of tariffs on 60 trading partners, Wall Street remains riveted as China and the U.S. compete for AI dominance, and major U.S. stock indexes took quite a dive after Fed Chair Kevin Warsh gave a press conference. This week I’m diving into how middle-power countries, like Canada and Japan, are trying to forge their own alliances separate from the U.S. and China.

