Today's Jobs Numbers Could Tell if We're Headed for Recession or not

Look for jobs gains of 185,000 in January, according to RBC Capital Markets and for the unemployment rate to tick down to a cycle low of 4.9%. However, predictions are mixed as it's uncertain what impact the January East Coast blizzard and the stock market swoon will have on hiring. Today's number, if weaker than expected, could add to arguments that the United States may be headed for a recession. Democrat presidential candidates Hillary Clinton and Bernie Sanders sparred over financial connections to Wall Street. Clinton struggled when asked whether she would release transcripts of her paid speeches to Wall Street firms. Sanders called "Wall Street an entity of unbelievable economic and political power". Linkedin (LNKD) shares fell more than 28% on weaker than expected guidance. While the social network for job seekers said revenue and profit beat expectations but the company's outlook fell below what investors were thinking.