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Jim and all, I think I found the culprit and I did a new smiley face entry as well.
Having text cursor issue where text and curser do not line up horizontally.
Only happens when the page is larger than the screen and sliders appear side and bottom that allow you to move the page around so you can see everything.
When the sliders appear they take image space and cause the page to resize smaller and shifted to the right slightly in the viewing window. However, the ruler above does not adjust and the page is actually no longer in alignment with the ruler. What must be happening is the cursor remains aligned with the ruler but the character image is not. The cursor is still adjusting itself to the variables of character spacing and not to the physical display of said text.
So the text resizes but the cursor remains locked to the original dimensions and to the ruler at the top which does not changes to match the smaller document image.
It is not template specific. It happens with every and all templates including the standard ones. Look closely at this screen shot.
Not sure if this is specific to my Retina iMac. Please fix, it is a royal pain.