My supposition is that events (news) happen and our responses or reactions and our feelings are what we used to determine if the event is good or bad news. How does this happening effect me? Will it cost me anything? Will it benefit me?

Have you noticed the inclination of humans to call it good news or bad news the moment they become aware of it? Is it not true that many times that which appears to be bad or good news at the moment is later viewed as the opposite in a historical context?

Personally, I choose to think that "it is going to be alright or either it is going to be alright.

GS