the 32nd final thought from mike amey.many, the corporate issues -- are you worried about what is happening in europe's biggest economy from an economic standpoint ? mike: we are reassured by the fact that pmi's are holding up. clearly we are focusing on a pretty closely, but so far pmi's are reassuring. jonathan: thank you very much for joining us. ?ow much is ferrari worth they just launched a multibillion dollar ipo. the details after this short break. ♪ jonathan: good morning and welcome to "the pulse," live from london. ia am jonathan ferro. manus cranny alongside me in london and tom keene in new york. manus: it is all about the fed and the reaction to the minutes. upbeat feeling was darkened by threats from abroad. officials felt china's slowing growth and the threat to emerging market economies raised risks that exports would become more expensive and could create a drag on the economy. the imf and world bank meeting in peru. mark carney says while the state of the u.s. economy is important to everybody, he proclai