Nothing focuses the mind quite like a triple header of volatility that begins and ends with change. As a result, many chief executives who are already wrestling with the challenges of digital transformation will likely emerge empowered from the economic turmoil of recent weeks.

Some of the ad dollars lost in the contracting finance, automotive and real estate sectors may not return. That puts the largest TV station groups in a vulnerable position. Advertisers are expected to more selectively spend on just the top two TV stations in a given market, which could favor ABC and Fox, while hurting CBS and NBC.

What's it worth? That is a fundamental question dogging credit markets, banks, businesses, homeowners, Congress and the federal government in this vortex of economic uncertainty.