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 2017, Pisani was honored with a Lifetime Achievement Award from the Security Traders Association of New York for "dedication to the Association and the Industry."
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.
Wouldn't you love to be a fly on the wall at tonight's Group of 8 nations (G8) dinner at Camp David, particularly when President Barack Obama tries to take aside German Chancellor Angela Merkel and nudge her toward more growth-oriented initiatives?
We need a bigger check. Spain is paying a higher yield on its bonds after a series of three-year and four-year auctions. Spain's Ibex stock market is poised to close at a nine-year low; its 10-year bond is yielding 6.35 percent, the highest since November. European banks are down two to five percent. This is almost every day now.
Ugh! Even if the U.S. markets are holding up better than Europe, it's still awful: the Dow ended down 10 out of 12 days. That is an ugly start to May. Gold collapsing, crude collapsing, Treasurys keep rallying — everything is saying risk is very high.
April housing starts, at 717,000, hit their highest level since October 2008. But don't kid yourself: the market is still on notice. Any headline could reverse things...quickly, says CNBC's Bob Pisani.
JCPenney was hit with a double whammy today: not only were earnings a huge disappointment after the close, but their competitors are gaining on them.
The overall economic data was okay today: CPI was in-line, Retail Sales were in-line, Empire State index was big upside (but the outlook was weak). And perhaps most importantly, the NAHB Housing Market Index was well above expectations. Sales, traffic, and future prospects were all better.
CNBC's Bob Pisani gives his review of the new Grateful Dead documentary, "Long Strange Trip."
Risks are far from out of the picture, but the market is choosing to hear what it wants.
Market internals are placid: The advance/decline line is about even, and the VIX is down.
U.S. political risk is rising because the story is changing.