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.
U.S. stock futures, which were weak for much of the morning, dropped as May Housing Starts and Permits were both weaker than expected, declining to the lowest levels since October 2009. The decline was solely in single family production; multifamily saw an increase. The Producer Price Index was also a bit hotter than expected, though hardly on fire.
Sun shines on solar stocks again, but don't be snookered. The predictable rally in "alternative" energy stocks has begun, with the president sure to push them in his speech tonight. You'd think this would be an ideal time for solar: So why aren't traders excited?
The National Association of Home Builders (NAHB) monthly report on builder sentiment was much weaker than expected.
The euro is up again, so European bourses are up for the most part. Next test will be Spain, which will auction 10 and 30 year bonds on Thursday. The UK's FTSE and France's CAC indices are both having their first five-day winning streak in nearly four months. Also: Finally, some good news for IPOs.
Financial regulatory reform suddenly gets very real. On a day where four stocks are advancing for every one declining, most big banks are down about 1 percent. Concerns started mounting at the end of last week that the financial reform bill would be tougher than expected. Today, FT has a front page story noting that Sen. Blanche Lincoln's proposal is now very much alive.
These are two developments next week that may impact markets.
Beige Book report was filled with commentary that is mostly positive on the US economy.
We have what traders call "degrossing," where participants are simply taking down overall exposure a bit.
Four Chinese regulatory agencies have issued a joint statement "encouraging" listed companies to take action to shore up their shares.
Ray Dalio's fund slumped in August and some investors blame the strategy of such funds for the volatility that slammed stocks and commodities.
For all the talk about the 250,000 jobs a month the economy is creating, workers' real wages are going backward.
Volatility could probably last anywhere from three to four months, Brian Jacobsen of Wells Fargo said.