US economy still in intensive care

Commentary: Clawing at the successful won't fix our problems

Interest rates, stocks and hopes for the economy all crested in the last week — not rolled over, just flattened, without acceleration.

Applications for purchase mortgages fell, starts of new homes crept up 0.8 percent from December, and sales of existing homes rose 9.1 percent from the year-ago, dead-low base.