Michael Nagle | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter.
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Prior to the start of the second-quarter earnings season, investor relations departments and analysts massaged expectations downwards.
More than three quarters of S&P companies that have reported results have exceeded expectations, according to FactSet data.
"Right now, short-term optimism is higher than we've seen since December 2021, right before the start of the 2022 bear market."
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Goldman Sachs, Michael Nagle, Goldman, Darla Mercado, Gina Francolla, Tom De Luca, De Luca, we've
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