6 Big Worries for This Bull Market

Stocks have been on a tear this summer. What could go wrong?

Investors have been treated to an incredible summer rally in 2012. From June 1 through September 19, Standard & Poor's 500-stock index rose nearly 14.2% -- about as much as the market's gain for the year so far. The S&P is just about 7% below its record high of 1565, set in October 2007. Smaller-company indexes have already reached record highs.

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Anne Kates Smith
Executive Editor, Kiplinger's Personal Finance

Anne Kates Smith brings Wall Street to Main Street, with decades of experience covering investments and personal finance for real people trying to navigate fast-changing markets, preserve financial security or plan for the future. She oversees the magazine's investing coverage,  authors Kiplinger’s biannual stock-market outlooks and writes the "Your Mind and Your Money" column, a take on behavioral finance and how investors can get out of their own way. Smith began her journalism career as a writer and columnist for USA Today. Prior to joining Kiplinger, she was a senior editor at U.S. News & World Report and a contributing columnist for TheStreet. Smith is a graduate of St. John's College in Annapolis, Md., the third-oldest college in America.