title: Error: Couldn't find preset "react" when installed using npm install --global babel-preset-react but works without global flag
body: <p>I installed Babel CLI (version 6) using <code>npm install --global babel-cli</code>. I then install react preset using <code>npm install --global babel-preset-react</code>.  </p>
  
  <p>I then setup the <code>.babelrc</code> file in the project directory to</p>
  
  <pre><code>{
      "presets": ["react"]
  }
  </code></pre>
  
  <p>When I try to build a JSX file it fails with</p>
  
  <pre><code>Error: Couldn't find preset "react"
      at OptionManager.mergePresets (/usr/local/lib/node_modules/babel-cli/node_modules/babel-core/lib/transformation/file/options/option-manager.js:310:17)
      at OptionManager.mergeOptions (/usr/local/lib/node_modules/babel-cli/node_modules/babel-core/lib/transformation/file/options/option-manager.js:270:12)
      at OptionManager.addConfig (/usr/local/lib/node_modules/babel-cli/node_modules/babel-core/lib/transformation/file/options/option-manager.js:206:10)
      at OptionManager.findConfigs (/usr/local/lib/node_modules/babel-cli/node_modules/babel-core/lib/transformation/file/options/option-manager.js:347:16)
      at OptionManager.init (/usr/local/lib/node_modules/babel-cli/node_modules/babel-core/lib/transformation/file/options/option-manager.js:392:12)
      at File.initOptions (/usr/local/lib/node_modules/babel-cli/node_modules/babel-core/lib/transformation/file/index.js:191:75)
      at new File (/usr/local/lib/node_modules/babel-cli/node_modules/babel-core/lib/transformation/file/index.js:122:22)
      at Pipeline.transform (/usr/local/lib/node_modules/babel-cli/node_modules/babel-core/lib/transformation/pipeline.js:42:16)
      at transform (/usr/local/lib/node_modules/babel-cli/lib/babel/util.js:53:22)
      at Object.compile (/usr/local/lib/node_modules/babel-cli/lib/babel/util.js:62:12)
  </code></pre>
  
  <p>If I install the preset without --global flag (i.e. installs in node_modules/ folder locally) then the build works. How do i set up to get babel to work with a global preset?</p>