Good monday morning. Welcome to squawk alley. Joining us here, jon fortt, myself, mike san tolo. Well get to kayla tausche. The trump rally rolling on, the dow about a third of a point off 20k friday afternoon but reversing gains this morning. Now about 65 points away. Joining us to talk about that, cnbc senior markets common tator mike santoli and guys, good morning. Michael, got a nice postup, arguing that if the rally were truly about trump policies being enacted, this would have stopped working a while ago. Yeah, and in fact, in some measures, it has stopped working. Looking at the past month, you had about a fourweek rush when it was the obvious trump trades working and driving the rally. Since about middecember, youve seen those things actually lag a bit, right . So, you had bank stocks, heavy industrials, all thats lagged. The tech stocks everybody thought would be disadvantaged have been leading the way here. So to me, if you thought policy was a reason to be bullish in 2017, i
That was the flight route. Debris has been located near the French Village of barcelonnette north of nice. Lets look at an animation created by a website which tracked the planes journey, you can see flight 9525 heading off from barcelona and rapidly gains height to 38,000 feet, as it crosses land at marseille thats near the french coast it begins to drop to 6,800 feet, so a rapid descent to 6,800 feet in the french alps. A short while ago the french president Francois Hollande confirmed the crash. Its a tragedy a new aerial tragedy. We will make sure we know all the cause of what happened and we will share that information with all the concerned authorities, german and spanish and contact all the families, as well. Were in mourning, because its a tragedy that happened on our soil. Ill haved world to know if there have been any other consequences of this accident, its in a a zone difficult to access, i dont know if there are homes affected. Solidarity is what we have to focus on. Lets
Lufthansa strike: Situation on Saturday eturbonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eturbonews.com Daily Mail and Mail on Sunday newspapers.