Thursday, May 19, 2016

FRIDAY 5/20/16; G-7 Meeting in Japan; Taiwan Inaugurates Female President Tsai Ing-wen; Cascading Global Stock Market Rally; OpEx; Stock Market Top is One Year Old; BKE; CPB; DE; HIBB; Existing Home Sales

The search for wreckage from the EgyptAir Flight MS804 airplane 

[Text is Redacted: Purchase May 2016-05 to Read the Complete Chronology]

Swift, the global interbank fund-transfer service critical to the stability of the world’s financial systems, announces plans to improve security for interbank transactions. Huge blocks of money are transferred through the Swift computers that have now received cyber attacks to the Bangladesh, Vietnam and Ecuador systems. Swift stresses that banks need to report any and all security breaches. Banks and companies sometimes underreport cyber attacks since they do not want customers, clients, consumers or employees to lose confidence in their products or services.

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