How Silicon Valley’s Stock Rally Saved Newsom’s 2024 Budget Nightmare

S&P 500 2024 Performance

In a twist of financial fate that reads more like a Wall Street thriller (for analysts) than a government budget report, California Governor Gavin Newsom narrowly escaped a major fiscal crisis in 2024 – thanks to an unexpected surge in tech stock valuations.  The $7.1 Billion Silicon Valley Bailout According to the Legislative Analyst’s Office […]