Wall Street Journal July 16 authoritative report: US June inflation rebounded to 2.7%, core inflation reached 2.9%, with significant price increases in tariff-sensitive goods (furniture, toys, apparel). Tariff revenue hit $27B (3x YoY), Goldman estimates US consumers bear 70% direct costs. Tech positioning: Google's $25B AI data center investment, Apple's $500M rare earth magnet procurement deal. Housing median price record $412.5K, JPMorgan, Wells Fargo, Citigroup Q2 earnings beat expectations, but private credit risks trigger warnings.

UBS July 14 report exposes four structural risks to USD system: net foreign debt surge from 9% to 88%, global reserve "overweight" at 58%, G10 nations holding $13.4T unhedged positions. Forecasts EUR/USD at 1.23 by end-2025, with every 10% dollar decline boosting EM relative performance by 9%. Dollar "overholding" reversal could trigger $670B selloff from just 5% position adjustment, reshaping global asset allocation landscape.

Goldman Sachs July 16 NEV weekly report shows dealer discount rates rising to 8.24% for EVs vs 21.46% for ICE vehicles, reflecting intense competition. 59 official price cuts occurred YTD with 8% average reduction. Upstream: battery-grade lithium carbonate at 64.5k RMB/ton (+3.7% WoW) while LFP and NCM battery prices remain flat. GS Factor Profile and M&A Rank tools reveal quantitative framework evaluating stocks through growth, financial returns, and valuation metrics.

WSJ July 15 report exposes dramatic global economic divergence: ICE Dollar Index posts worst 50-year performance, plunging 13% vs Euro; mega banks celebrate (KBW index +14%) while regional banks struggle (+3% only); tariff uncertainty spawns new opportunities as Zonos software surges helping firms calculate tariff costs; US copper hits record highs, 37% consumers abandon purchases over unsustainable packaging; Pittsburgh steel ruins transform into AI compute hubs, private equity battles for $12T 401k market, Grayscale plans IPO. Traditional retail survival: Printemps NYC creates "apartment-style" experience, Mars decodes "cat insecurity syndrome."

Goldman Sachs China Property Weekly (July 15) reveals: New home sales plunge 30% while second-hand transactions surge 16% YTD; Developer valuations crash to 0.5x P/B ratio, lowest since 2008; Urban village redevelopment emerges as demand-side catalyst, but 26-month inventory overhang persists; Market confidence severely damaged with widespread bearish price expectations. Warning: Excessive construction could worsen oversupply, policy precision crucial.

UBS July 14 tactical report reveals unprecedented US equity divergence: Bulls cite CTA's incoming $60-70B buying spree, retail's $155B YTD purchases, Fed dovish pivot, July seasonality strength, 38% OECD expansion probability; Bears highlight Shiller PE at 37.8x (98th percentile), EPS growth 9.26% vs GDP 1.5% severe disconnect, tariff fear index at 0 exposing fatal blind spot, late-cycle signals flashing. Core paradox: valuations historically high yet pro-cyclical during expansion - can short-term technical/flow tailwinds override long-term structural risks?

Citi's July 13 report forecasts Lao Pu Gold's 1H25 revenue up 198% to RMB 10.5bn, net profit surging 260% to RMB 2.1bn, target price HK$1,084. Key metrics: online sales expected up 500%, 200k units sold on Tmall in six months, same-store growth 90-100%, net margin rising to 20.3%. Analysts initiate 30-day upside catalyst watch but warn of gold price volatility, cash flow pressure, and lock-up expiry risks. Core debate: sustainability of high valuation and heritage gold market ceiling.

Citi Research's July 13 report reveals three core signals from Bilibili's 2025 Investor Day: commitment to long-form content strategy amid industry oversupply, AI-driven advertising growth outpacing industry average, and gaming focus on young demographics with anime IP advantages. Analysts maintain neutral rating with $23 target but warn of high volatility risks. Key focus: How AIGC technology empowers content ecosystem globalization and whether diversified monetization can ease profitability pressure.