The SPAC market is so hot that this year's fundraising haul has already surpassed all of 2020's. And it's not even April. Understandably, the world's largest asset manager worries the SPAC boom is overdone.
"If you look at the SPAC market, there's some really attractive new companies and new technologies coming to the market that are financing effectively," BlackRock executive Rick Rieder told CNN Business. "And then there are some that make no sense." READ MORE