Stifel's Bannister Sees Market Correcting 'Upward' in 2018

The video discusses the decline in tech stocks like Facebook and Netflix, highlighting the impact of lofty expectations. It explores the role of negative real interest rates and the cautious approach of the Federal Reserve. The discussion includes the potential for a market correction and the influence of the Fed's policies on the economy. The concept of the neutral rate is introduced, with predictions of a bear market by late 2019 or early 2020. The video emphasizes the importance of understanding macroeconomic factors and their effects on stock markets.

What does the speaker imply about the Fed's approach to monetary policy?

What predictions does the speaker make about the market in 2019?