Let's dive into what's driving the markets.
What's Moving the Markets?
Over the weekend, President Donald Trump tweeted about his reelection and how the markets would be impacted if he wasn't reelected.
The Trump Economy is setting records, and has a long way up to go....However, if anyone but me takes over in 2020 (I know the competition very well), there will be a Market Crash the likes of which has not been seen before! KEEP AMERICA GREAT— Donald J. Trump (@realDonaldTrump) June 15, 2019
But, if Trump isn't reelected, will there actually be a market crash since the markets seem to have taken a pause in abrupt reactions to the President's Twitter presence? Here's what Jim Cramer thinks.Related. Jim Cramer: The Fed Has an Easy Call This Week
Can You Trust Boeing?
Over the weekend, Boeing (BA - Get Report) CEO Dennis Muilenburg admitted at the Paris Airshow that Boeing should have been more transparent with the public and with regulators after the fatal Ethiopian airlines crash back in March.
In case you missed it, the Ethiopian airlines crash was the second crash involving Boeing's 737 Max jet. The first crash, which involved a plane operated by Indonesia's Lion Air, happened in the fall of 2018.
NBC and the Wall Street Journal surveyed U.S. consumers to see whether or not they would be comfortable flying on a 737 Max once the plane is allowed back in the air.
The poll found that 25% of the 1,000 people surveyed would not fly on a 737 Max.
Should investors trust Boeing if consumers can't?
Facebook's Crypto Push
Dow Jones Newswires reported last week that several tech companies including Uber (UBER) and PayPal (PYPL - Get Report) , as well as traditional payments firms such as Visa (V - Get Report) and Mastercard (MC - Get Report) , were supporting Facebook's cryptocurrency. The group is called the Libra Association.
While we won't have details until the white paper is released Tuesday, the new push from the social media company that has suffered from multiple scandals could show the direction that the company plans to go in.
But would Cramer buy Facebook's crypto?