Trader Talk with Bob Pisani

Bob Pisani

Bob Pisani
CNBC "On-Air Stocks" Editor

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.


  • Vanguard, the largest mutual fund company in the country by assets under management, has a large research department to help its investors. They aren't shy about weighing on issues important to those investors.

  • Europe: you can't get away from it. There's a good reason the Italian debt auction has market participants worried: the math does not add up, and there is no immediate summit on the distance that will change the math. Here's the facts...

  • The euro is having another lousy day, breaking right through $1.30 on the euro-dollar, now approaching the lows for the year that we last saw in January. The immediate cause was Italy's five year bond auction, which cost them a record 6.47 percent. They paid 6.3 percent in November.

  • Bob Pisani is off today.

  • And today's rally: muddling through may be good enough for today, but sustainability is an issue.

  • The statement out of Europe says the leaders will be working toward "a new fiscal compact and strengthened economic policy coordination," but the failure of the U.K. to sign on means that any treaty will likely be outside the EU. It will essentially be a multilateral agreement. It's not clear whether the institutions set up to service the EU — or the euro zone — will be able to service this new agreement.

  • The markets midday drop: the fading of hope. After the ECB's Mario Draghi squelched talk of an expanded bond buying program, traders have now turned their attention to the EU Summit meeting. Here's the problem: many feel they know what is going to happen, and it still doesn't go far enough.

  • Mario Draghi

    Draghi's ECB moves markets up, then down. S&P futures initially moved up, then down, as ECB head Mario Draghi said he was "surprised" by the reaction to his now-famous comment that "other elements might follow" if there was a new fiscal treaty. He said this was not necessarily a signal that he would be initiating more bond purchases.

  • Traders scratching their heads over the late day story from the Nikkei news agency asserting that the Group of 20 nations is considering putting together a $600 billion lending facility at the IMF for the euro zone — a story denied by the IMF, according to our Steve Liesman.

  • It's all coming down to the ECB. While a political solution to the euro zone problems await, it is the ECB that is keeping everything afloat. That's why tomorrow's (Thursday's) ECB meeting is so important.

  • Bob Pisani

    A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

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