January's Jobs Report: 'There Is Very Little Not to Like' Says UBS Strategist

The markets rose slightly following Friday morning's jobs report, which topped economists' expectations. Plus, November and December's jobs numbers were revised significantly higher, showing even more strength in the labor market than previously reported. But investors now worry about if the strong jobs numbers could prompt the Federal Reserve to raise interest rates in June, despite plenty of talk that the central bank may not pull the trigger until September, amid little inflation and the continuing strength of the dollar. TheStreet's Scott Gamm speaks with Steve Freedman, cross-asset allocation strategist at UBS for more details.