I just heard a market report, saying that people expect to be disappointed by today's reports on the performance of the US auto industry.
Er, hm? I don't think "expect to be disappointed" is a meaningful phrase. If your expectations are met, you are not disappointed, by definition. And vice versa.
I think the reporter meant something more like: "previous analysts projections now seem to have been optimistic, and analysts are projecting the performance to underperform the earlier projections".
Words. They're where the meaning lives.