KA TESTING By Raphael Savir, Cool Dude, Dev Leader | Aug 5th, 2018 Key Take Away Annual global growth is expected to accelerate in 2017 but level off at the same growth rate in 2018. Global headline inflation looks headed for a slight uptick in 2017 and a modest decline in 2018. EM profit and economic growth are running ahead of DM, and we believe this can continue. Central bank transparency is contributing to low realized market volatility. Risk assets and government bonds should be able to earn positive total returns in the current environment. Section Header As digital shopping trends accelerate and become more dynamic; traditional bricks-and-mortar retailers are finding themselves in uncharted territory. As digital shopping trends accelerate and become more dynamic; traditional bricks-and-mortar retailers are finding themselves in uncharted territory. As digital shopping trends accelerate and become more dynamic; traditional bricks-and-mortar retailers are finding themselves in uncharted territory. B. Author, title and date: Grey (95,95,95) Calibri, all caps, name and title bold, date all caps regular, 10ptC. Key takeaways: Grey Background (242, 242, 242), bullets, ‘key takaway title’ all caps, Calibri, 10pt, orange (239,118,34), blue bullets, text 10pt calibri D. Author Box: Grey Background (242, 242, 242) ‘written by’ all caps, 10pt, orange (239,118,34) Author name: Garamond 11pt bold, Author Title: 10pt Calibri, regularE. Intro paragraph: Garamond 20pt, black, 1pt line spacingF. Section Header: Garamond 15pt black, title caseG. Body copy: Garamond 12pt, blackH. Chart title: Calibri all caps, orange (239,118,34)I. Chart source: Garamond 10pt, italic, black As digital shopping trends accelerate and become more dynamic; traditional bricks-and-mortar retailers are finding themselves in uncharted territory. As digital shopping trends accelerate and become more dynamic; traditional bricks-and-mortar retailers are finding themselves in uncharted territory. As digital shopping trends accelerate and become more dynamic; traditional bricks-and-mortar retailers are finding themselves in uncharted territory.