Asian stocks rose which finally ended six straight days of losses. Japan has estimated economic growth will exceed expectations, coupled with optimism that the Fed will increase their activities to increase the US economy. These factors  have overshadowed the crisis in Greece.
“We may see a huge buy-back if we see some end to Europe’s political turmoil and people realize that stocks in Asia are cheap given their strong economies,” said Koji Toda, chief fund manager at Resona Bank Ltd. in Tokyo, which oversees about $68 billion. “The Fed is giving a signal to the market that there’s no need for panic, by assuring it will do something before things get really bad.”The Nikkei 225 stock average rose .9 percent which followed the cabinet Office reporting the economy grew at an annual rate of 4.1 percent which favorably compares to the previous forecast of three point five percent. Australia’s S&P/ASX 200 Index retreated by .2 percent and Hong Kong’s Hang Seng Index fell by .3 percent. Singapore’s s Straits times Index declined .3 percent.A government report indicated that GNP rose ten percent on an annualized basis.
If the trend in Japan and the prediction for the US economy hold true then, at least, some of the concern over the debt crisis in Europe may be somewhat mitigated. The forecast is a very hopeful sign and the fact that the US will be holding an national election in the fall may be good for the economy as the Fed will move aggressively to stimulate growth. This does not mean that the European debt crisis is not a big issue but at least some of the positive news may just offset the psychological impact of the debt crisis. Furthermore, it is hard for this author to believe that somehow the Greek problem will be dealt with. I can not imagine a scenario where Greece will be allowed to leave the EU and default.

Under what circumstances would you consider a payday loan. I have often been asked this question and I think I have a thoughtful answer. First, you must realize that payday loans are for short term financial problems. They are very short in duration, normally between two and four weeks so payback is required very quickly. Essentially, you can assume that your next paycheck will be used for paying the loan back. This means that you will really need the loan for a very short term. Long term problems should be dealt with in other ways. Therefore, if you are experiencing a short term cash emergency and you have a steady job and you are willing to pay the loan back with your next paycheck then you may want to consider a payday loan.