The following video is part of our "Motley Fool Conversations" series, in which senior analyst Matt Argersinger and analyst Paul Chi discuss topics across the investing world.

2012 has been the tale of two quarters so far. Stocks soared in the first quarter on solid corporate earnings results and renewed optimism over job growth and the economy in the U.S. But the market gave back a good chunk of those gains in the second quarter, as signs pointed to a weakening of the U.S. jobs picture, the potential collapse of the eurozone, and an unexpectedly sharp slowdown in China and other emerging markets. What's in store for the third quarter? That's what Paul and Matt discuss in today's video. They also share a few of their favorite investment ideas for the next three months. Get the names and the insights by watching the video below.

Facebook recently became the largest company ever to IPO. Yet all the buzz around this social media monster could prove off-base, as Facebook has deep problems converting its millions of members to revenue. We've created a new report, "Forget Facebook -- Here's the Tech IPO You Should Be Buying," that details a much better social media stock that has a longer runway for growth than Facebook. The report won't be available forever, so click here to get access today -- it's totally free.