The Risks of a Soft Landing

Sally Kohn: I'm less worried about the banking stress than I was in the initial weeks of this. We have seen a very large increase in lending standards for three quarters in a row, she says. The layoff rate has come up; that trend would certainly eventually lead to a bigger increase in the unemployment rate,. That's a risk as well, that the composition of this labor market rebalancing might not be as beautiful going forward as it's been so far. But those are the three key risks I would focus on.