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.
Friday's late day reversal seems to have calmed overseas markets; European indices are plus or minus one percent for the most part, though Greek bonds are again weak. There are 3 percent to 4 percent declines in European banks. These banks have recently been dragged down by concerns of exposure to worrisome bonds issued by Greece, Spain, and Portugal.
It happened again. Europe closed, stocks here dropped down a bit, and the dollar rallied ... commodities dropped. This is the second day in a row this has happened. Traders speculating that there was a sell program in Europe selling risk a the close of their day, seeking to be flat over the weekend.
Dollar just rallied to the highs of the day (dollar index at highest level since July)...on that, oil dropped $2, copper down 1.3 percent (lowest level since October), gold dropped about $5, also lowest level since October … S&P 500 moved down about 3 points, just above the lows for the day.
Optimism on the jobs report is fading. Traders noting that White House Press Secretary Robert Gibbs said earlier today there could be big revisions in the jobs report out tomorrow. Some are saying total job losses could be near 8 million, as opposed to 7.2 million currently reported. Plus: Is Greece the new subprime?
January retail same store sales: how could the numbers be so far off? Retailers, for the most part, reported numbers higher than expected, in some cases WAY HIGHER than expected. How could sell-side analysts, who provide the estimates, be so far off? There's two problems...
S&P 500 futures lost about 4 points on the disappointing weekly initial jobless claims number. Sovereign debt issues, which popped up again yesterday, are back down in a big way today: Portugal down 3.2 percent, Spain down 2.6 percent, Greece down 1.7 percent. European banks are weak.
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