DON SURBER: Newspapers and Manhattan are Screwed.

Gradually it is dawning on people that the big losers in COVID-19 are fracking, airlines, hotels, restaurants, newspapers, and New York City. The first three are resilient because they have weathered many a business cycle but he latter three are devastated. . . . The financial center of America is now the epicenter of COVID-19 of America. Wall Street is now telecommuting. Is there any reason to stop once the all-clear signal sounds?

The trillions of dollars invested in stocks and bonds can be bought and sold online. Why bother having a presence in Manhattan where the rents are high? Brokers are still needed, but they can relocate to less congested places that are less susceptible to Chinese viruses.

Other industries that have been hit hard are higher education and Hollywood.