Detailed text transcripts for TV channel - CNN - 20110412:13:31:00
Implicati implications. new reports show it could hit our economic recovery. alison kosik at the new york stock exchange. how big an effect could this have? >> reporter: you know, carl, $100 oil we are seeing beginning to hurt the global recovery, from a new report that came out today from the national energy agency. this is really terrible timing. u.s. economic growth it is already very fragile. and we heard the same thing from the imf yesterday, which cut its own forecast for u.s. gdp this year to a 2.8% pace. i want to show you exactly what this means with this chart. take a look. last quar...