Kevin covers and discusses the following stories: the U.S. Labor Department reported Weekly Jobless Claims; the U.S. Commerce Department reported the Personal Consumption Expenditures Price (PCE) Index and the Core PCE; the Commerce Department also reported the second revision of the Gross Domestic Product (GDP); oil and gas prices react to reports of a ceasefire extension between the U.S. and Iran, claims by the Islamic Revolutionary Guard Corps that they had targeted a U.S. airbase in Kuwait; changes in the U.S. oil, gas and distillate stockpiles; Kevin has the details, digs into the details, puts the data into historical perspective, offers his insights, and opinions.