Here's your summary from Soft Landing Bet a Poor Risk-Reward Trade, Citi’s Kaiser Says (https://www.youtube.com/watch?v=sWdkijJoufs) on the Bloomberg Television channel:

### TLDR:

Betting on a soft landing in the labor market is a poor risk-reward trade according to Citi's Kaiser.

### Key Points:

1. The boundary between a soft landing and a hard landing in the economy is becoming increasingly blurred.

2. Economic data is showing broad-based weakness, particularly in the labor market.

3. Once payrolls drop below 100k, the risk of entering a recession significantly increases.

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