What a wonderful day. Not since September 17, 2001 has the Fed had to do an emergency cut like this. It’s kind of like throwing up before you get to the bathroom. You feel it coming. You know it’s going to happen. Then bam!…you’re trying to catch it in your hands before it gets all over the place. Now that you’ve puked, you feel much better. Unfortunately, that better feeling won’t last all that long.