Welcome to the Real Vision Daily Briefing. It's Tuesday, April 5th. I'm Maggie Lake, and we are once again coming to you from live from the Real Vision macro experience at the Fairmont Grand Delmar, and it's been terrific. And our guest today here with me is someone really special that we're excited to introduce you to Mish Snyder, director of Trading Education at MarketGauge.com.

And it's just someone who's a frequent contributor for Real Vision and guests on the platform. This is the first time she's doing the daily briefing. So welcome, Mish.

Thank you, Maggie. And I just want to start out by saying how wonderful Real Vision is. Not just as a company, everybody in the staff, but then to be able to put on a presentation like this and make everybody feel so special is really appreciated.

Oh, that's great. And it's so good to be here alive in person and get to sort of mingle with the people that we see on the platform.

We don't look at to spend time in person. You guys don't get to spend time in person. And we're really getting, I think, a good taste of the environment we're in right now, because we have a lot of divergent opinions.

Like you were listening to sessions. We were just talking about it, and you're like, that makes sense to be, that was interesting. Not sure about that. So it's sort of great to kind of air it all out and try to hear what people are thinking and see if we can all use that.

So before we dive in, and it's, it's a good day to talk, right, because we had equities selling into the clothes, never a good sign.

US markets down NASDAQ, really taking a hit. A lot of it seems like it's coming from Fed governor, brain art saying, listen, we're going to rapidly reduce the size of the balance sheet. We're going to start to do it soon.

So again, getting a little more aggressive than maybe people had anticipated, even as we talk about 50 basis point rate hike at the next meeting.

And just trying to figure out what it all means, especially for risk assets. So there's a lot to unpack. But first, like, give us a little, give everyone a little background. You and I have done shows together.

So I know some of it for those who are new to you. Just tell us a little bit about yourself.

Well, I grew up in New York and I grew up with parents that were very middle class. And so we were in the kind of family that sat around talked about our stock portfolios and dinner.

And so I became a teacher, which is what they thought I should do. And I became a special ed teacher because I was particularly fascinated by the different brain.

And then years later, doing that for a while, I met this girl in a building that I lived in in Manhattan. At that point, I moved on from being near my parents.

And she worked for Merrill Lynch down on the floor. Come on, he's exchange floor. And so she said, hey, you want to come down and have a look. And I did. And it was one of those light bulbs. I was just like, oh my God, because I had been so sheltered.

And now here, I could see that these people running around had their fingers on the pulse. And I loved all the flashing of the numbers. And I didn't understand what commodities were at the point.

But I just felt like this was where I needed to be. And so I wound up not so easily, but I did get down there.

That's an understanding.

And I got down there at a time that was probably until now the most interesting and exciting time for commodities, which was the hyperinflation of the late 70s, early 80s.

So I was a young girl who was hired as a coffee sugar cocoa expert, where I was getting on the squawk box, telling brokers around the world what was going on, which of course was a real fast track to having to learn.

And then Conti commodities put me in the pit. So, and then they went under because again, this is so interesting how history comes full circle with LME and the nickel explosion of the LME silver blew up because of the hunt brothers and Conti commodities was clearing those trades are they blew up and I found myself now on the floor without a job.

So I became a local and then I started trading all the different pits, most of my time in the oil pit and I spent 13, 14 years there. So it was great, the best education, not just in markets, but really life.

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