BAAAAAAAAAHAHAHAHA "Asset prices elevated but not extreme"

AAAAAAAAAAAAAHAHAHAHA

"Asset prices elevated but not extreme"

What would you call the equity market prices after dismal earnings? And the real estate market that people keep defaulting on?

AAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHA

https://www.zerohedge.com/news/2019-05-01/banks-bond-yields-rate-cut-beliefs-tumble-after-fed-cuts-ioer

and markets see it for the crock of shit that it is