A CNBC reporter since 1990, Bob Pisani has covered Wall Street and the stock market for nearly 20 years. Pisani covered the real estate market for CNBC from 1990-1995, then moved on to cover corporate management issues before becoming Stocks Correspondent in 1997.
In addition to covering the global stock market, he also covers initial public offerings (IPOs), exchange-traded funds (ETFs) and financial market structure for CNBC.
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, Pisani 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.
The issue is how much demand there is for longer-term paper, which will be auctioned tomorrow, including 3-year and 10-year paper. Italian 10-year yields are down to 6.85 percent about 15 basis points below yesterday (Tuesday).
Though European stocks are up this week, and the European Central Bank's three-year loan program was deemed a success (it eased funding difficulties for banks), the euro is little changed, hovering around $1.30. Spreads on southern European bonds vs. German bunds are generally wider, and Italian 10-year bonds remain near 7 percent. This is a serious problem, as Italy has a series of bond auctions before the year is out.
Where's Mario? ECB head Mario Draghi did not show up for a planned news conference in Frankfurt. Meantime, Draghi's successful 3-year lending facility has not just eased funding difficulties for European banks—it's ignited a 3-day rally in European and U.S. banks.
Mario Draghi holds a presser with the Brits. I mentioned yesterday that much of the 489 billion euros ($640 billion) that banks borrowed from the European Central Bank will go to paying off prior, shorter-term loans from the central bank. What's next from Mr. Draghi and the ECB?
The biggest IPO of the year prices Wednesday night, and it's essentially the UPS of China.
The CNBCiQ 100 only chooses companies that are consistently innovative and derive a lot of revenue from IP.
Now that earnings season is here, are third-quarter revenue estimates too high?
We could finally be seeing the tide turn in earnings as S&P 500 estimates have turned positive.
Apple is talking up the long-term China market as shares sink after earnings, but Wall Street analysts are too quiet.
Wells Fargo CEO Tim Sloan told employees that he is "sorry for the pain" that the bank's employees have suffered.
The tech giant's stock fall shaved off 30 points on the Dow, which briefly fell 100 points shortly after the open.