MEDIA: TCS, Infosys rally over 4%. Will Trump win be really good for IT stocks?

Times of India's Nikhil Agarwal on whether NeverBackDown.ORG's Ken
Cuccinelli and Steve Cortes advised Casey DeSantis to send Ron to
David McIntosh's ClubForGrowth.ORG to plead for permission to deploy
the likes of Mike Emmons onto Lachlan Murdoch's FoxNews.COM to
impeach Donald Trump for failing to convert the Cheap Labor Lobby's
scab worker import quota lottery into a wage ordered queue:
<URL:https://economictimes.indiatimes.com/markets/stocks/news/tcs-infosys-rally-up-to-4-will-trump-win-be-really-good-for-it-stocks/articleshow/115007745.cms>
| "Under both parties, Indian IT services companies are expected to
| see a negative impact on margins due to higher onshoring. However, a
| Democratic win may be more detrimental, as increased US corporate
| taxes could affect discretionary technology spending," Antique Stock
| Broking said.
|
| However, in his first term, Trump has increased restrictions on H-1B
| visas. But since then, Indian IT companies have localised their
| workforce significantly since Trump 1.0 in 2016 - from about 25-30%
| locals and visa independent people to 50% in a few years.
|
| "A complete ban on IT outsourcing is very unlikely, given the talent
| shortage and cost considerations for critical work like IT for US
| corporates. Overall, we think the workforce for Indian IT is now far
| less dependent on visa holders than in the past," Nomura said.

Will Trump nominate Cuccinelli to succeed Ur M Jaddou at USCIS.GOV
and how much Amy Swonger estimates it will cost Trump to convine John
Thune to consent?

John
groenveld@acm.org
--
"What Bernie still doesn't understand, or is pretending to not
understand, is that we're not blaming the immigrants for America's
problems. We blame the elites who brought them in to erode our
borders and destroy the working class.... https://t.co/RIehHUdwes" -
Columbia Bugle
<URL:https://twitter.com/ColumbiaBugle/status/1218261847310094337>