It was the day of bears in US Stock markets. Jobless claims have increased. Key manufacturing indicators have worsen. Fear of double dip recession has hit the US stock markets.For almost whole of the day, stocks in US Stock markets were sliding so badly that there was talk that the slump could turn into one of those big sell-offs that could leave investors just plain terrified.Check this out on

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One more bad news for Indian call centers and to an extent for IT companies too. I had recently written an article "Should you buy stocks of IT companies for long term?" referring to Another Proposed Law To Stop Offshore Outsourcing which is called as "Stop Outsourcing and Create American Jobs Act of 2010". Here is another news that could be troublesome for Indian Call centers and maybe for IT

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