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CNBC "So, what's up for 2016?" Morgan Stanley's Adam Parker asks. In a note titled "2016 US Equity Strategy Outlook: Feeling Worse, But Not Sure We Can Explain It," Parker gets a little philosophical as he lays out his expectations for the stock market. "The Big Ten Conference has 14 teams, the Big 12 has 10, Utah's NBA team is the Jazz, LA's is the Lakers. Somehow we can explain these things, but we struggle to explain why people think they can forecast the market multiple, oil, dollar, and rat...
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