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A customer pushes a shopping trolley at the gift toys section at Carrefour Planet supermarket in Nice Lingostiere November 29, 2011.
A customer pushes a shopping trolley at the gift toys section at Carrefour Planet supermarket in Nice Lingostiere November 29, 2011.
(Eric Gaillard/Reuters)

SCOTT BARLOW

European retail spending surged? There must be some mistake

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Euro zone retail sales surged in May. No, that’s not a typo and yes, I was surprised too. And one of the world’s most respected global equity strategists thinks the trend will continue.