 Good news is bad news in this market.Equity bulls would rather have a middling economy than a strong one because it means the Federal Reserve could hike rates further. The FOMC has already signaled it will hike rates above 5 but the market was initially skeptical. Given strong data today, its getting tougher to fight the Fed. Even for the Feb 1 meeting, the market is now priced at almost 5050 between a 25 bps and 50 bps hike. Tomorrows non-farm payrolls report will be the fi... 