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.
Portugal successfully floated debt in two auctions, but at a very high yield. In one auction, $839 million of notes due in 2013 were sold at a yield of 4.086 percent; the previous auction of the same maturity was sold at a yield of 3.597 percent. At these yields, why not issue debt?
How long can this last? Not only is the CBOE Volatility Index (VIX) down to its lowest levels since May, but the Trin has been below 1 for almost the entire 3 trading days of the current month. A Trin below 1 indicates that more volume is going to stocks on the upside versus stocks on the upside; in other words, upside momentum.
Falling asset prices could have spillover effect on consumers and cause a recession, Peter Boockvar said Monday.
China's central bank injected 140 billion yuan ($21.96 billion) into banks through its short-term lending operations (SLO) tool on Monday.
Inflation pressure in the U.S. economy is likely to rebound, paving the way for tighter rates, a top Fed official said.