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.
It's the last day of the month and no one wants to be a hero. But the Street is struggling to find a narrative -- it's not clear where we are, so instead of broad narratives I am getting a lot of little stories. Here are a few observations...
I've been asked repeatedly by traders to explain the puzzling drop in volume we have seen since the start of the second quarter, particularly at the NYSE. Most feel it is due to traders simply stepping back in light of the uncertainty of the market.
It's far too early to call a top in oil (we tried this with oil at $120 at the end of April; the shorts got killed the following week), but certain trends, including dollar strength, decent economic news (revised Q1 GDP up 0.9 percent, not great but not a recession either), a continuing bond decline all helped bulls.
Dow's CEO, Andrew Liveris, noted that first quarter feedstock and energy costs were up "a staggering 42 percent," putting strains on the company and its relations with customers. For most chemical companies, price increases have failed to keep up with raw material increases.
Welcome to the Street's favorite parlor game: blame some shadowy force for the rise in oil. Never mind that there is 85 million barrels of oil produced a day, and scant supply anywhere. There has to be something more than a global supply/demand imbalance at work here.
The Blackstone Group's CEO paid its CEO a bounty that made him stand out from Wall Street's big money pack.
As the Nasdaq Composite nears the 5,000 milestone, should you buy, and, what would you buy?
Problems with a small but high-profile macro hedge fund belie Fortress managing more money than ever.