The market may take it as a positive sign that they really are trying to get ahead of the curve, so the hike in November won't be as bad as people are pricing in currently.
But that is the perma-bull in me singing. In truth, the market is in more trouble. Watch that 2yr yield!
The Federal Preserve could have a meeting with lap dancers and birthday cake and champagne and sparklers and top hats and jack russel terriers....who cares what they do....just be able to make that market money consistently and grow and compound that trading account like a giant beanstalk to the moon.
Money. Your Money. That's all that matters.