The light at the end of the tunnel … in numbers

Those numbers: An 18.3% jump in GDP for China in the first quarter and U.S. stock market highs yesterday. They reflect an optimistic economic outlook going forward. Plus, a new Brookings Institution report on the “staggering” lack of diversity among the directors of the 12 regional Federal Reserve banks. And, continuing to gauge what’s ahead for the U.S. economy in terms of inflation.