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.
Federal Reserve done for the moment. What's next? Three factors for the remainder of week: 1) inflation indicators: PPI tomorrow, CPI Thursday. 2) Quadruple witching on Friday. 3) Health care bill is the unknown.
Stock futures Tuesday were a couple points higher ahead of the Fed meeting. An informal survey of stock traders indicate that no one is expecting a dramatic change in wording or rates. Most feel that unemployment will stay in the 9 percent range, that inflation will remain in the 1 to (at most) 2 percent range in 2010, and that none of this warrants rate increases before late in the year.
S&P futures moved up about 4 points as February retail sales were much stronger than expected, up 0.3 percent vs. consensus of a drop of 0.2 percent; ex-autos up 0.9 percent, also way better than decline of 0.2 percent expected. These are impressive numbers, especially given the snowstorms.
S&P 500 closes at 1150.24, a 52-week high. One of the last technical hurdles was breached at the close today, as the S&P 500 closed at its highest level since October 1, 2008. The big cap index has now joined the Nasdaq, Russell 2000 and S&P Midcap, all at new highs. How strong has this slow melt-up been?
Financial reform is in trouble. The Democrats going their own way on financial reform makes the whole effort more problematic. The death of financial reform would be a short term positive for bank stocks (market views lack of change as good, no matter what is passed it will hurt earnings) but in the long run a negative, as these businesses need a more comprehensive regulatory structure. Why..?
This has been another big week for bond issuance...on the heels of the successful Citigroup sale of trust preferreds (a hybrid instrument), Bank of America, GMAC, Novartis Capital, DirecTV, MGM Mirage and Royal Bank of Scotland have all sold bonds this week. Prices have dramatically improved: MGM, for instance, sold $845 million in notes Tuesday night at a yield of only 9 percent.
ETFs being used to hedge Greece crisis
More than 120 companies have registered for an IPO, including several well-known names.
A look back at 40 years of loving the Grateful Dead.
What do euro zone leaders want? They want to get rid of Alexis Tsipras and the whole Greek leadership. They want to negotiate with a new team.
Greece may be a "sideshow," but developments in the country could exacerbate the biggest risk to global assets, Peter Boockvar tells CNBC.
No matter which way the Greek vote goes, the European Central Bank on Monday will face a series of agonizing decisions.
Greek banks are preparing contingency plans for a possible "bail-in" of depositors, sources said. The FT reports.