How your paragraphs get positioned as a bulleted list within PowerPoint’s text placeholders or another text object is influenced by three types of Indent Markers: The First Indent Marker, the Hanging Indent Marker, and the Left Indent Marker. Of the three Indent Markers you can see on the Ruler, the Hanging Indent Marker is used to tweak the position of the paragraph following the bullet. The Hanging Indent Marker is also known as the Middle Caret.

