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.
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The big issue this week is 1) how much of the "stew" of TALF, TARP, stimulus, aggregator bank actually becomes real, and 2) how many traders will end up believing that this creates some kind of bottom in the economy, so it's safer to buy stocks, or at least stop shorting them?
I said last week that a small but persistent group was starting to believe that the "stew" of TARP, TALF, stimulus and other Treasury action would help create a bottom in the economy, and that if that was the case shorting of banks and consumer discretionary would be riskier in the near future.
Lower oil prices slammed Occidental Petroleum's third-quarter profit, but bolstered airline company earnings.
Oil is skidding amid oversupply and concerns about slowing growth and deflation.
Companies are maintaining guidance for the fourth quarter, easing concerns that slower global growth will hit Q4 earnings.
Stocks staged a steady rally as Ebola fears ebbed and oil prices stabilized.
After salivating at the IPO, hedge funds lucky enough to buy in early to Alibaba are indeed making a nice profit.
Financial firms are shelling out big cash for the mid-term Senate elections, but their favorite candidate is an unlikely one.
Bank customers can expect a flurry of thick mail as credit companies rush to get chip cards into their hands before the holidays.