Released on: October 7, 2008, 11:38 pm

Press Release Author: Vincent Hall

Industry: Financial

Press Release Summary: "Brentwood Group", Japan, believe central bank measures and
rate cuts should calm markets.

Press Release Body: Asian-based asset management firm, Brentwood Group, believe that
coordinated rate cuts by global central banks will eventually feed through to world
credit markets.

The decisive action came after the UK pledged up to GBP250 billion in support for its
beleaguered banking system and the Federal Reserve's commitment to enter the
commercial paper market to support corporations seeking access to short-term
funding.

Despite the cuts by seven central banks, stocks on the DJIA, Nasdaq, S&P 500 and the
FTSE drifted lower. Brentwood Group believes that recession fears have overshadowed
the cuts.

Traders at Brentwood Group reported that forced-selling was still being undertaken
by hedge funds and banks keen to meet withdrawals of funds by savers and investors.






Web Site: http://www.brentwoodgrp.com

Contact Details: vince@presspad.net

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