[Analysts are raising concerns about U.S. corporate earnings expectations, ending inflation and high interest rates] September 23rd: As the market worries that rising inflation and interest rates will erode corporate profits, stock analysts have turned net pessimistic about U.S. corporate earnings prospects for the first time in months. An index from Citigroup showed that for the first time in 23 weeks, the number of analysts who lowered their corporate profit forecasts exceeded those who raised their forecasts, ending the longest cycle of earnings forecast upgrades since September 2021. Morgan Stanley strategist Michael Wilson warned earlier this week that the S&P 500 could face a drop of up to 7% if stock valuations extend their recent slide and further increases in energy prices prompt monetary policy to tighten.