A CNBC reporter since 1990, Bob Pisani has reported on Wall Street and the stock market from the floor of the New York Stock Exchange for more than a decade. Pisani covered the real estate market for CNBC from 1990-1995, then moved on to cover corporate management issues before moving to the New York Stock Exchange in 1997.
He was nominated twice for a "CableACE Award"—in 1993 and 1995.
In 2013, he won Third Place in the National Headliner Awards in the Business and Consumer Reporting category for his documentary on the diamond business, "The Diamond Rush."
In 2014, Bob was honored with a Recognition Award from the Market Technicians Association for "steadfast efforts to integrate technical analysis into financial decision making, journalism and reporting."
Prior to joining CNBC, Pisani co-authored "Investing in Land: How to Be a Successful Developer." He and his father taught a course in real estate development at the Wharton School of Business at the University of Pennsylvania from 1987-1992. Pisani learned the real estate business from his father, Ralph Pisani, a retired real estate developer.
Follow Bob Pisani on Twitter @BobPisani.
Will the Fed acknowledge the summer slowdown in its FOMC statement today (Tuesday)? Most traders think there is no way the Fed will announce a new round of quantitative easing today, but there should be more pessimistic language on growth, and some statement, similar to what Bernanke made at Jackson Hole.
While most point to a strong technical move as the primary mover this morning (the market moved when the S&P 500 passed Friday's high of 1131 to break out of its trading range to a 4-month high), the NBER announcement, which came out at 10:23am ET — as the market was heading up — may have been a help.
Housing stocks under pressure on new worries over inventories and prices. Homebuilding stocks declined yesterday on a report from CoreLogic that more delinquent mortgages were heading for foreclosure and that home prices would likely fall as more of these homes were put on the market.
Chatter about what the Fed's next steps will be has shifted from when it will hike to when it will offer stimulus.
For years, Piper Jaffray has been one of the biggest bulls on Wall Street, and with good reason.
Mohamed El-Erian said Monday stocks must fall much further before investors can be coaxed back into the market.