Jenna 🇺🇦

Here to learn. Economics, finance, politics, history, crypto. Anti-authoritarian.

[Jenna 🇺🇦 @BoomBoomMeowPNW]

Bear thesis: Trump can't TACO.

That's it.

[Jenna 🇺🇦 @BoomBoomMeowPNW]

If the GCC is going to end up rerouting oil flows away from #hormuz over time, and #iran knows this, then they must know any power they gain by controlling it will be fleeting.

If the power they gain by controlling it will be fleeting, then this is their best opportunity to achieve their wider geopolitical goals.

This means that their actual war goal is not controlling the strait. The real goal is causing as much lasting damage to the West as possible.

#oott

[Jenna 🇺🇦 @BoomBoomMeowPNW]

@rickjeff78 They still have to close it out

[Jenna 🇺🇦 @BoomBoomMeowPNW]

@KobeissiLetter Google reported $88B increase in value of their Anthropic stake. They have negative FCF for the first time ever. All of the other MAG7 are doing the same thing. It's not real.

[Jenna 🇺🇦 @BoomBoomMeowPNW]

$2B revenue company declared chapter 11

[RK | Consultants @_RKConsultants]

🚨 Alkegen UK Holdco II files for chapter 11 to restructure debt

ALKEGEN UK HOLDCO II LTD.
📊 Assets: $1B-$10B | Liabilities: $1B-$10B | Creditors: 10,001-25,000 | Industry: Specialty Materials Manufacturing | District: Northern District of Texas

Chapter 11 – Filing Summary
_____________________________________________
Northern District of Texas • July 26, 2026

Alkegen UK Holdco II Ltd., a Merseyside, WA11-based specialty materials manufacturer, filed for chapter 11 protection on July 26, 2026 in the Northern District of Texas. The company entered the process with a prepackaged restructuring support agreement intended to eliminate approximately $3B of total debt and secure $315M in new capital.

As of 2026, the company operates as a global platform providing high-performance materials for electric vehicle battery protection, filtration, and insulation. Under the leadership of CEO Brian Whittman, the firm has focused on commercializing fiber-enhanced aerogel technologies while maintaining a footprint of 60 manufacturing facilities worldwide.

Historically, Alkegen was established in 2022 following the merger of Unifrax and Lydall under the ownership of Clearlake Capital Group.

Key Details
_____________________________________________
– 9,000+ employees globally in 2025 [Source: Alkegen Sustainability Report (2025)]
– Estimated annual revenue of $2B in 2026 [Source: Growjo (2026)]
– Operates 60 manufacturing facilities as of 2025 [Source: Alkegen Corporate Profile (2025)]
– Targeted post-restructuring liquidity of $200M in 2026 [Source: Business Wire (2026)]
– Capital improvement budget of $70M for 2026 [Source: Nonwovens Industry (2026)]

⚖️ Professionals
_____________________________________________
Debtor's Counsel: Gray Reed

#Bankruptcy #Chapter11 #Manufacturing

*Data from court filings & verified sources. All sources should require independent verification. Not financial advice.

https://t.co/vzMWh1QLJp

[Jenna 🇺🇦 @BoomBoomMeowPNW]

@MikeZaccardi Chart crime

[Jenna 🇺🇦 @BoomBoomMeowPNW]

@RhoRider People are making the self-interested moves of Iran and Ukraine into a much bigger deal than they are. There isn't really much bigger strategy going on here (yet)

[Jenna 🇺🇦 @BoomBoomMeowPNW]

Oil to $200

[ILRedAlert @ILRedAlert]

Trump published AI-generated images depicting a major attack on Iran's Kharg oil island and an American flag planted on an oil tanker, despite ongoing diplomatic messages between Washington and Tehran.

[Jenna 🇺🇦 @BoomBoomMeowPNW]

@ekwufinance The covid line is clearly late 2019 when the repo market blew up.

Also, this is Fed buying short term paper because banks were short on liquidity at the beginning of the year. Raising rates would alleviate this issue somewhat (at the expense of other problems). Bad chart

[June Goh @JuneGoh_Sparta]

Someone asked why wouldn't Asia just take more West African (WAF) crudes and let the Saudi grades get absorbed by Europe if the big rerouting via Suez Canal happens?

It all boils down to quality. Asia can take some WAF as displacement for the Middle East crudes, but because of the high nitrogen and high TAN of the WAF grades, the refinery hits a limit fast.

That's why we didn't see WAF getting wolfed up by Korea or Japan throughout the crisis. If China is not there to buy WAF, it becomes distressed.

#OOTT

https://t.co/9ntziMnDQz

[Jenna 🇺🇦 @BoomBoomMeowPNW]

@rickjeff78 Seems like a miscalculation from Ukraine, entangling themelves into a losing conflict

[Jenna 🇺🇦 @BoomBoomMeowPNW]

@dolfiniran Either SA takes a big haircut on selling their oil or Brent goes up

[Jenna 🇺🇦 @BoomBoomMeowPNW]

The invisible hand is naked

[RedRambutan @RambutanRed]

Great story that shows the dismal state of US state capacity and coordination when it tried to reshore the simplest product: nitrile gloves.

[Jenna 🇺🇦 @BoomBoomMeowPNW]

#FuckJesus too while we're at it

[Jenna 🇺🇦 @BoomBoomMeowPNW]

Covid was a gift and we squandered it

[doomer @uncledoomer]

everyone knows 10 cents of every $1 you make goes directly to baby boomers via social security and medicare. but have you ever wondered how much will be taken from you by boomers over your lifetime? have fun going to work monday, millenials. gotta grind to pay the boomer geld

[Jenna 🇺🇦 @BoomBoomMeowPNW]

The big question heading into the week is whether we are setting up a more drawn out cup and handle on lower time frames or blast straight through to new highs over the next 2 weeks. Ships aren't moving, but weekend narrative suggests the former #OOTT

[Jenna 🇺🇦 @BoomBoomMeowPNW]

Protect this man

@hasanthehun
@pi

[Gary Stevenson @garyseconomics]

It's time to say goodbye

[Jenna 🇺🇦 @BoomBoomMeowPNW]

@garyseconomics Gary, you're an amazing person. Not wanting the limelight is exactly the reason we need you. Take the time you need. This is a leftist movement and we need to internationalize. When you're ready to come back, hook up with @hasanthehun and @gherkinit More economics, less identity

[Jenna 🇺🇦 @BoomBoomMeowPNW]

@PeninsulaBoy217 @amazingmap Shhh, don't tell anyone

[Jenna 🇺🇦 @BoomBoomMeowPNW]

Columbia River in da house

[Amazing Maps @amazingmap]

Line thickness here is average annual flow rather than length, running from a hairline at 1,000 cubic feet per second up to the swollen trunk of the lower Mississippi at the top of the scale, and drawn this way the map rearranges the country's mental geography, since the Ohio