For the short-term, these overarching factors will matter little to those trying to invest around what is now a financial obstacle course. Among the obvious industries that will feel the moist pain will be large cap industrial type names, and the Materials as global economic growth further slows. In addition, the semiconductors, the retailers, and consumer electronics type firms will struggle as those firms will now face a choice of either moving supply lines away from China which will be costly to do, or simply charge more for their wares hurting not only U.S. consumers, but probably also revenue generation. Either that, or face pressured margin. All the while these firms are likely to be hit with sanctions of some kind by the Chinese government in response, while the Chinese consumer in all likelihood turns to Chinese competitors in a show of nationalism. Tough climate. Nike ( NKE ), the athletic shoe and apparel company, is an example of such a firm that is in such a bind.