Next week, we'll get the nonfarm payrolls report for February, which Jim Cramer says will be a key item to watch. Cramer says after January's weak jobs report, interest rates are indicating we'll get another disappointing number -- and if we do, that will signal a definitive slowdown. He says two negative numbers in a row signals a massive slowdown or a recession. With this in mind, Cramer's recommendations to investors include bond market equivalents, utilities and defensive stocks.

At the time of publication, Cramer was long ___.

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