Jim Cramer: How the Markets Could Respond to the Iowa Caucus Results

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So, what exactly happened?

Late last night it was announced that the results of the Iowa Caucus would be delayed.

The Iowa Democratic Party released a statement Monday saying that there were inconsistencies in the reporting of three sets of data, but that the tabulating and results-checking process was sound.

They said, and I quote, “this is simply a reporting issue. The app did not go down, and this is not a hack or intrusion.”

The app in question is new, but there have also been changes made to the result-reporting process.

Reports suggest that we'll hear about the results from the caucus this afternoon.

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