► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />On a day when the buy-out of Kraft might have been expected to rouse Wall Street, US stocks instead had a bad day. John Authers suggests that the stock market is merely treading water, and that there is a shortage of obvious bargains.<br /><br />► Authers’ Note: http://bit.ly/1Liu16x <br /><br />► FT World News: http://bit.ly/1Exp0iJ<br /><br />► Can 3G repeat Heinz shearing with Kraft?: http://bit.ly/1NMdQNl<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes