Amgen, Inc. (AMGN), VCA Inc (WOOF), Cheniere Energy, Inc. (LNG) Among Stocks Pitched at Robin Hood Conference

David Tepper Recommends Shortnening Euro

Another speech at the Robin Hood conference that sparked a lot of discussions was given by David Tepper, the manager of Appaloosa Management. Mr. Tepper recommended shorting the euro currency. According to him, the European Central Bank will have to ease the monetary policy in order to stimulate the euro zone. The Bank has already done some measures such as setting negative interest rates, although they have not helped much, which is why more measures are required. However, Tepper also said that investors can profit if they buy short-term debt from the European Union, such as 2-years or 3-years bonds.