FINANCIAL MARKETS ALERT --- no news

In the last couple of months the financial markets have for the most part been acceptably boring. There of course have been interesting individual company reports and some merger and acquisition activity, primarily in tech and biotech.  This is not new at all.  Watching CNBC or listening to Bloomberg or reading some NYT columns, one could think that we are always on the precipice of disaster.  It doesn't seem that way here at all.

These are unpredictable financial markets as is always the case, and something significant could happen tomorrow or a month from now.  We don't know.  We do know that nothing new or of broad consequence has been happening recently.  Boring is fine for now, although it leads to little comment here.  When things change, there will be plenty to write about.