"hourglass" for a few seconds when Reaper gets focus

In Windows 7, it's actually a light blue spinning circle - the
thing that lets you know that the computer is busy right now.
As of late, maybe a few months, this spinning circle comes up
for about 5 seconds whenever Reaper regains focus. Every time.

I tried reinstalling. This happens no matter what project, or
no project is loaded. Anyone come across this?


Thanks.

"hourglass" for a few seconds when Reaper gets focus