Nicholas Follett

Nicholas Follett is a fixed income analyst at Commonwealth Financial Network®, member FINRA/SIPC, the nation’s largest privately held Registered Investment Adviser–independent broker/dealer. With the firm since 2010, he analyzes municipal bond funds, provides analytics and research support, and assists with market research and commentary. He also reviews client portfolios and evaluates current and potential investment managers and asset management firms. Nicholas graduated from San Francisco State University’s MBA program with an emphasis in finance, and he holds the FINRA Series 7 securities registration.

Recent Posts

The View from the Aisle: Rosie’s Place

January 31, 2020

Here on the blog, Brad often writes about gratitude. The things he gives thanks for range from the seemingly trivial (watching his cats wrestle) to the profound (health, family, and happiness). Often, he mentions that he jots down three things for which he’s grateful every day. In reading these posts, what strikes the strongest chord with me is seeing things through the lens of “getting to” rather than “having to.” It has very much influenced how I try to navigate the intricacies of modern life and the stresses that come along with it. I get to go to work and do something I love. My wife suggested there’s another wrinkle to it and added “celebrate.” As in, I get to go to the gym and celebrate with 30 minutes on the treadmill. Sounds trite, but it helps.

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Repo Market Update

January 16, 2020

Brad here. When interest rates in the overnight lending market (known as the repo market) spiked in September, there was a real fear that it was a sign of something much worse. Commonwealth has been following this development closely, and recently we’ve been receiving another wave of questions. Nick Follett, manager of fixed income on our Investment Management and Research team, is here to explain what has happened since the spike and whether the risks are still real. Spoiler alert—they are not. Over to you, Nick!

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Is Credit a Cause for Concern?

December 18, 2019

Brad here. One of the great things about this blog is that it sparks quite a few questions. When we see the same question popping up, it is something we try to address. Today’s post, by Nick Follett, does just that, looking at some of the dislocations in the financial markets that have been worrying advisors. It is a bit more inside baseball than we normally do here, but it gives a good look at what is really going on. Thanks, Nick!

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The View from the Aisle: The 2–10 Treasury Spread

November 29, 2019

Brad here. Today, we’re launching a new monthly column in which members of Commonwealth’s Investment Management and Research team will share their learnings and viewpoints on various topics with you. Our first post is from Nicholas Follett, manager of fixed income. Enjoy!

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The Fed Jumped into the Cash Markets: How Bad Is It?

September 18, 2019

Brad here. Today, we have a look at the Fed’s recent move into the cash markets from Nicholas Follett, manager of fixed income on our Investment Management and Research team. Enjoy!

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Inverted Yield Curve: What Does It Mean for Bonds?

August 7, 2019

Brad here. Today, we have a detailed look at what an inverted yield curve might mean for bonds from one of our great investment analysts, Nicholas Follett. Enjoy!

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The Allure of Emerging Market Debt

February 21, 2019

Brad here. After looking at emerging market stock markets yesterday, it is a good time to discuss the debt markets there. Although stock markets usually get most of the attention, Nick Follett, manager of our fixed income team at Commonwealth, makes a compelling case that debt markets deserve a look as well. I think you’ll find that this post gets a bit further into the details than we normally do, but the relative unfamiliarity of the topic makes it both necessary and worthwhile. Enjoy!

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Upcoming Appearances

Tune in to Bloomberg Radio's Bloomberg Businessweek on Friday, April 17, at 3:45  P.M. ET to hear Brad talk about the market. Listen by streaming the show live at bloombergradio.com, tuning in to SiriusXM channel 119, or by downloading Bloomberg's app. 

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