Disappointing Retail Sales and Paris Loses Its Crown

May retail sales disappointed with a rise of only 0.1%, indicating a tough time for brick-and-mortar retailers. Inflationary pressures are now taking a toll on consumer purchasing power. Paris lost its crown as Europe’s biggest stock market after Macron called for snap elections. The market sees a National Rally victory as a negative, but I see it as a positive. . . . The information contained in this post is general in nature and for informational purposes only. It should not be considered as investment advice or as a recommendation of any particular strategy or investment product. This post is not a solicitation or an offer to buy or sell any specific security.