karen olney at ubs is still with us. karen the fed meeting, will they derail? you look at the u.s.urprise index versus the eurozone economic surprise index. who is hiking the rates here? europe seems to be beating a low bar and u.s. the high bar. karen olney: that is it exactly the high and low are. u.s. has had profit cycle. economic surprises are turning upwards as they should be. they collapsed 2015 -- 50% in 2015. it has kept the global engine going. it is high, it is the peak. that is sensible. if the euro keeps growing at a sensible, ok pace good for your. if they inch up, they should be going up. it widens at the gap. great news for european equities. jonathan: the dax we use this word, "on a terror." -- "on a tear." it really has. karen olney: nothing goes up in a straight line. you have things ready to get it off the table. it has not really moved. europe as a whole, a long way to go. a lot of these gaps over seven or eight years have only closed by 10%, fit been sent in the past few months. -- 15% in the past few months. jonathan: a different chart. investing on european

karen rogers has a sneak peek with custom-made bikes at belinki's cycle works. >> reporter: nestled in olneyy're hand crafting some of the top bikes in the u.s. i love your shop. >> greatism it is a working shop. this isn't a show place. >> people say can i come to your store but it's just our workshop. >> reporter: who are your customers. >> we have a wide range. my latest definition is that they're serious enthusiasts. >> reporter: they've coined the term fabrichining a mix of heavy machinery and handmade styling. >> we have a lot of machine tools here. in order to make a difference in something that comes out of the factory there's the hybrid of up and down work. >> reporter: every bike is custom-made and measured. >> might be good for aero dynamics but you wouldn't last very long. i only pedal around the shore. >> custization takes into account everything from wheel size to handle bars and all the details in between. >> reporter: i got my customized bike ready to go. let's take off. [laughter] >> you should hear the things she was saying to karen while she was going. >> i think she looke