EFTA01459669
EFTA01459670 DataSet-10
EFTA01459671

EFTA01459670.pdf

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Our Consumption Assumption Shop WI You Drop America (and the World!) Key Trends to Continue in 2016 Mobile Spending Skyrocketing ... 80% - 70% ■3013 ■3Q15 Internet 8 Catalog Retail 70% - 60% - Department Stores 50% - 40% - 1 30% - I 20% - 13% 10% - 5% Home Improvement Retail 1% 0% Total Discretionary Retail e-Commerce m-Commerce Hotel Restaurants and LeSure PI Footnotes Data a e -LI r.) 1 Apparel Source: Comsc.ore. Deutsche Bank Wean Management -Is 1 Real Spending on Tourism Automotive Retail $850.000 Real spending on travel and tourism reached a record $800.000 high $839 billion in 3015. Automobile Manufacturers i I $750,000 Advertising $700,000 Broadcasting $650,000 -50.0% -25.0% 0.0% 25.0% 50.0% 75.0% 100.0% $600.000 1098 3003 1Q03 3Q05 1008 3Q10 1Q13 3015 2015 Total Return Real Spending on Travel and Tourism Footnotes: Data as of December 31, 2015 Footnotes Data as of:3a15 Source Bloomberg_ Finance L.P. Deutsche Bank Wealth Management Source: bea.ctov Deutsche Bank Wean Management:. Deutsche Bank Wealth Mormgerneht 9 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 120270 CONFIDENTIAL SDNY_GM_00266454 EFTA01459670
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861298d1f6112edef46035c0b3ff025d67f79137715d60454bf35c83286a941a
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EFTA01459670
Dataset
DataSet-10
Document Type
document
Pages
1

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