This question provides a good opportunity to demonstrate your understanding of the impact of monetary policy changes on asset prices, a matter that often discussed in college courses on macroeconomics and finance. The reference to the crisis-era opens the door to considering different types of monetary policy response, going well beyond the traditional use of open market operations. Knowledge of what central banks have actually done and plan on doing might, therefore, be useful. Plus you may want to reflect on the notion of under-pricing of financial assets and whether that notion makes any sense in the first place.
