Good or Bad. WHO CAN SAY?

There's a story of a farmer who buys a horse and three days later the horse runs aways. The neighbours said "oh that's bad news." The farmer said GOOD NEWS OR BAD NEWS. WHO CAN SAY?

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A week later the horse returns with 5 other horses. The neighbours said good fortune had granted him another good news. The farmer said GOOD NEWS OR BAD NEWS. WHO CAN SAY?

The farmer gives one of the horses to his son. While riding, the horse threw the boy over and he broke his leg. The neighbours again said "away with these horses, they are bad news." The farmer said GOOD NEWS OR BAD NEWS. WHO CAN SAY?

Days later, a war broke out and the emperor summoned all able bodied young men, but the farmer's son was spared because of his injury.
What good news!

GOODNEWS OR BAD NEWS, WHO CAN SAY?

Thank you for reading.