Breaking overnight, at least 3 people are dead did and two others in Critical Condition after a Small Plane Crashed into homes in river side, california. Authorities say the plane went down a half mile away from a local airport and its fuel tank was still full when it crashed. Five people were on board the plane. Officials say two adult women survived the crash and were rushed to hospitals. One of the victims told Fire Fighters they were returning home after a cheer leading conference in anaheim. And here is Surveillance Footage from a home nearby. You can see the plane coming in from above and then exploding on impact. An absolutely horrifying cite. River side is 60 miles east of los angeles. The plane was flying to san jose. Fire fighters are now working to control the fires caused by the crash. They say two homes were completely destroyed and adjacent ones damaged. Officials say no residents were at home at the time but they are still searching for any other possible victims. The nt
But we begin this morning with a look at todays eye opener, your world in 90 seconds. We just saw the plane go down really fast. Oh, my god a deadly plane crash in Southern California. Huge flames out here. Take a look at the devastation of that e. Hous and out of nowhere. The house like was like a really big earthquake. The white house revealing trump will boost defensive spending 54 billion. To do, hes going to slash funding for other agencies. Everybody used to say we never lost a war. And never llwi. Hose are not the priorities. Then were going to come forward with massive tack breaks for billionairese likmr. Trump himself. A warning is out for jewish institutions across the country with another wave of bomb threats. The attorneney g seralaid two women will be charged with the murder of the half if convicted these two women will face death by hanging. And injured 26er oth people. Spacex announced plans to take two to the moon. This not be an exinpensive trip. All that surveillance
Points. Stocks now officially negative for the year. Banks, the biggest loser of the day. Now, yesterday we started with the bears and asked them if they were ready to surrender. We start off today with tim as the most bullish voice. Did you buy stocks today . I feel the need to actually establish that what i have been is someone who says i dont think markets are cratering. I think were in a very, very high volatile environment. Which we havent been for the last few weeks, or six weeks. We probably have sideways markets for most of the year. Theres enormous amount of risk out there. Having said all that, im relatively hunkered down here. I think in the last four to five weeks we see where equities have rebounded dramatically. All the detail winds from extreme positioning are now over. The reality of earnings season is upon us. The move today in the japanese yen is disturbing. And theres nothing about this that was orderly. The good news here is i think that offers a fair amount of stab
And it has to do with change. Change nobody can believe is, for example, i go and talk about stocks, you know, i talk about stocks witpeople. They ask me to what look at . Why dont you look at mcdonalds . Check out mcdonalds in europe, they check out my face. Theyre pressing me. You know what they say . I always love the take, question, fries, big mac is delicious. I love their smoking coffee. You cant beat the egg mcmuffin. We are in a health society. No doubt. We also live in a guilty pleasure, mcdonalds has guilty pleasure written on it. I think cnbc knows that, they know how to somehow get back to the basics of Quick Service and a value meal that tastes good, throw in chicken and biscuits, you will do great. Burger king is doing great, why not . I wouldnt confuse dominos and call kfc fresh and organic . You know what i mean . So why the heck cant mcdonalds throw itself around, too . Its the execution thats been the problem, not the unhealthy food, if it was food, why the heck is wh
Suggesting Microsoft Might have some pull . Right now, nobody wants it. Nobody hates the surface. Wait a second, last week its been so popular. It is popular. Surface . Its not just the nfl, which is all surface all the time. Listen to the ceo, by ththway, all thososads on the football l games, people and monstersrslow each up endlessly, people refuse to link xbox to microsoft. Even though thth might make the darn. I know ive tataed my head off. They h he to break up skype, xbox, windows, or enterpriseiei cloud. Soft, call them that. Right now, microsoft the company is totally uncool. Microsoft the products are either cool or ret kro cool t. Problem is, microsoft doesnt seem to know it. Hey, sacha, in the black teeshirt, thats cool. The next time i see you, i will wear a plaque teeshirt with a tie. Its not a good stock. Its an absolutely good company. I think people are starting to like their products. Shh, some are good. Let me set the stage for another one, many people are rich. Shoc