Day where we arent worried about exactly what ailed us before . With the dow gaining 46 points and nasdaq up 0. 98 . How can bad news be treated like good news . Thats what happened today. Its important we put it in context and not be cynical about the action. So lets start with the presumption. Many of the same ills of the old days, meaning a few weeks ago are now considered tonics for the stock market. Not that long ago we were afraid of every single utterance from anyone connected with the Federal Reserve because we were terrified. What were we terrified by . The prospect of a fed rate hike, any hike. Just look at the history in august 2015. We got a rate scare. One fed official said the economy was Strong Enough it could withstand the ongoing crash in the chinese stock market. That resulted in 1,000point decline over two days. All that damage from one interview with a person who wasnt even the fed chair and fed chief. Then in december 2015, even as we were well prepped, we got an a