Kevin covers and discusses the following stories: a recap of he and his wife's annual trip to the local casino to watch and place a wager on the 152nd Kentucky Derby; the U.S. Commerce Department's Census Bureau reported March U.S. Factory Orders; on Friday, the S&P Global U.S. Manufacturing Purchasing Managers' Index (PMI) for April was reported; also, on Friday the Institute for Supply Management released their April Manufacturing Purchasing Manager's Index (PMI); oil and gas prices reacted to Iran's stepped-up attacks on the United Arab Emirates and ships in the Strait of Hormuz, the most serious escalation since the early April ceasefire; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and offers a few opinions along the way. See omnystudio.com/listener for privacy information.