Yawn… the ASX200 has pretty much done nothing for the past 1 month, 3 and 6 months.

In September, Banks added 1.4% and Energy and Health added about 1% (CSL bounced back +5%). Telcos dragged with TLS falling 5%, and TPM -11%. Commodity prices have bounced around quite a bit with iron ore hitting 1 year lows ($61.50), which caused FMG to fall 10%. Oil prices lifted, helping energy stocks higher.

Across markets, US stocks rose 2%, Japan +3.6% and Europe bounced +5%. The international markets all benefited from stronger economic growth/data and geopolitical concerns with North Korea fading. Chancellor Angela Merkel was re-elected for a fourth term in Germany, and President Trump revealed his much awaited tax package, with concessions on some of the tax cuts.