Updated Monday, July 6, 2015 as of 6:32 PM ET

A Reversal Of Fortunes In China?

After the great stock market rallies of the past 12-plus months, investors now face a huge dilemma. While they want to position themselves for any continuation of the upswing, they fear that enormous past gains beg a correction. The pressure is a little less intense with American investments than with overseas investments, particularly in emerging markets.

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