**Taro Buffett's YouTube video** explains the **recent major rebound** in U.S. stocks and the **outlook** for the future. **The temporary drop in stock prices due to the Trump tariffs** has been factored in, and we expect the rebound** to continue until around the end of **July**. However, we warn that from **fall** onward, stock prices are likely to fall again due to cooling consumer spending and recessionary fears**. We also mention the risk of a backslide** in the Fed's monetary policy, and recommend investing in European and Indian stocks**, which are less susceptible to the effects of the U.S.-China trade conflict.