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Morgan Stanley Wealth Management Pulse Survey Reveals Inflation Concerns Persist Throughout 2025

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Morgan Stanley Wealth Management Pulse Survey Reveals Inflation Concerns Persist Throughout 2025
News

News

Morgan Stanley Wealth Management Pulse Survey Reveals Inflation Concerns Persist Throughout 2025

2025-10-21 20:12 Last Updated At:20:20

NEW YORK--(BUSINESS WIRE)--Oct 21, 2025--

Morgan Stanley Wealth Management today announced the results of its quarterly retail investor pulse survey:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251021762345/en/

“Investors undoubtedly have some whiplash amid a government shutdown, uncertain monetary policy, and some cracks in the labor market,” said Chris Larkin, Managing Director, Head of Trading and Investing, E*TRADE from Morgan Stanley. “That said, the market is still humming along, and investors seem to see the bigger picture, sticking to their investment strategies as they navigate potential headwinds.”

The survey explored investor views on sector opportunities for the fourth quarter of 2025:

About the Survey

This wave of the survey was conducted from October 3 to October 20 of 2025 among an online US sample of 961 self-directed investors, investors who fully delegate investment account management to financial professionals, and investors who utilize both. The survey has a margin of error of ±3.20 percent at the 95 percent confidence level. It was fielded and administered by Dynata. The panel is broken into three investable assets: less than $500k, between $500k to $1 million, and over $1 million. The panel is 60% male and 40% female and self-select as having moderate+ investing experience, with an even distribution across geographic regions, and age bands.

About Morgan Stanley Wealth Management

Morgan Stanley Wealth Management, a global leader, provides access to a wide range of products and services to individuals, businesses and institutions, including brokerage and investment advisory services, financial and wealth planning, cash management and lending products and services, annuities and insurance, retirement and trust services.

About Morgan Stanley

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

This has been prepared for informational purposes only and is not a solicitation of any offer to buy or sell any security or other financial instrument, or to participate in any trading strategy. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. Morgan Stanley recommends that investors independently evaluate particular investments and strategies and encourages investors to seek the advice of a Financial Advisor.

Morgan Stanley Portfolio Solutions are portfolios available in our Select UMA platform under either Firm Discretionary UMA or Managed Advisory Portfolio Solutions. Please see the Select UMA ADV at www.morganstanley.com/ADV

Past performance is not a guarantee or indicative of future performance. Historical data shown represents past performance and does not guarantee comparable future results.

This material contains forward-looking statements and there can be no guarantee that they will come to pass.

Diversification and asset allocation do not guarantee a profit or protect against loss in a declining financial market.

This material should not be viewed as investment advice or recommendations with respect to asset allocation or any particular investment.

Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.

Morgan Stanley Smith Barney LLC and Dynata are not affiliates.
© 2025 Morgan Stanley Smith Barney LLC. Member SIPC.

Referenced Data

 

Morgan Stanley Wealth Management Pulse Survey Reveals Inflation Concerns Persist Throughout 2025

Morgan Stanley Wealth Management Pulse Survey Reveals Inflation Concerns Persist Throughout 2025

People around the world rallied in support of the mass protests in Iran.

This is a photo gallery curated by AP photo editors.

Protesters hold up placards as they demonstrate outside the House of Parliament, in London, England, Tuesday, Jan. 13, 2026. (AP Photo/Kin Cheung)

Protesters hold up placards as they demonstrate outside the House of Parliament, in London, England, Tuesday, Jan. 13, 2026. (AP Photo/Kin Cheung)

A member of the Iranian community holds a photograph of Iran's exiled crown prince Reza Pahlavi during a rally in support of anti-government protests in Iran, outside the U.S. embassy in Bucharest, Romania, Wednesday, Jan. 14, 2026. (AP Photo/Andreea Alexandru)

A member of the Iranian community holds a photograph of Iran's exiled crown prince Reza Pahlavi during a rally in support of anti-government protests in Iran, outside the U.S. embassy in Bucharest, Romania, Wednesday, Jan. 14, 2026. (AP Photo/Andreea Alexandru)

A member of the Iranian community holds a photograph of Iran's exiled crown prince Reza Pahlavi outside the U.S. embassy in Bucharest, Romania, Wednesday, Jan. 14, 2026, during a rally in support of anti-government protests in Iran. (AP Photo/Andreea Alexandru)

A member of the Iranian community holds a photograph of Iran's exiled crown prince Reza Pahlavi outside the U.S. embassy in Bucharest, Romania, Wednesday, Jan. 14, 2026, during a rally in support of anti-government protests in Iran. (AP Photo/Andreea Alexandru)

Protesters hold up placards with pictures of victims as they demonstrate in support of anti-government protests in Iran, outside Downing Street, in London, Wednesday, Jan. 14, 2026. (AP Photo/Kin Cheung)

Protesters hold up placards with pictures of victims as they demonstrate in support of anti-government protests in Iran, outside Downing Street, in London, Wednesday, Jan. 14, 2026. (AP Photo/Kin Cheung)

A buring image of the Ayatollah Ali Khamenei is seen during rally in support of the nationwide mass demonstrations in Iran against the government, Tuesday, Jan. 13, 2026 in Zuerich, Switzerland.(Michael Buholzer /Keystone via AP)

A buring image of the Ayatollah Ali Khamenei is seen during rally in support of the nationwide mass demonstrations in Iran against the government, Tuesday, Jan. 13, 2026 in Zuerich, Switzerland.(Michael Buholzer /Keystone via AP)

Protesters hold up flowers as they demonstrate in support of anti-government protests in Iran, outside Downing Street, in London, Wednesday, Jan. 14, 2026. (AP Photo/Kin Cheung)

Protesters hold up flowers as they demonstrate in support of anti-government protests in Iran, outside Downing Street, in London, Wednesday, Jan. 14, 2026. (AP Photo/Kin Cheung)

A protester burns an image of the Ayatollah Ali Khamenei with a cigarette during rally in support of the nationwide mass demonstrations in Iran against the government, Tuesday, Jan. 13, 2026 in Zuerich, Switzerland.(Michael Buholzer /Keystone via AP)

A protester burns an image of the Ayatollah Ali Khamenei with a cigarette during rally in support of the nationwide mass demonstrations in Iran against the government, Tuesday, Jan. 13, 2026 in Zuerich, Switzerland.(Michael Buholzer /Keystone via AP)

A demonstrator burns a poster of Iran's Supreme Leader Ayatollah Ali Khamenei during a rally in support of anti-government protests in Iran, outside Iran's embassy in Santiago, Chile, Tuesday, Jan. 13, 2026. (AP Photo/Esteban Felix)

A demonstrator burns a poster of Iran's Supreme Leader Ayatollah Ali Khamenei during a rally in support of anti-government protests in Iran, outside Iran's embassy in Santiago, Chile, Tuesday, Jan. 13, 2026. (AP Photo/Esteban Felix)

Iranian protesters participate in a demonstration in front of the US Consulate in Milan, Italy, Tuesday, Jan. 13, 2026, in support of the nationwide mass protests in Iran against the government. (AP Photo/Luca Bruno)

Iranian protesters participate in a demonstration in front of the US Consulate in Milan, Italy, Tuesday, Jan. 13, 2026, in support of the nationwide mass protests in Iran against the government. (AP Photo/Luca Bruno)

Protesters hold up placards showing Iran’s exiled crown prince Reza Pahlavi as they demonstrate outside the House of Parliament, in London, England, Tuesday, Jan. 13, 2026. (AP Photo/Kin Cheung)

Protesters hold up placards showing Iran’s exiled crown prince Reza Pahlavi as they demonstrate outside the House of Parliament, in London, England, Tuesday, Jan. 13, 2026. (AP Photo/Kin Cheung)

Protesters hold up placards showing Iran’s exiled crown prince Reza Pahlavi as they demonstrate outside the House of Parliament, in London, England, Tuesday, Jan. 13, 2026. (AP Photo/Kin Cheung)

Protesters hold up placards showing Iran’s exiled crown prince Reza Pahlavi as they demonstrate outside the House of Parliament, in London, England, Tuesday, Jan. 13, 2026. (AP Photo/Kin Cheung)

Protesters hold up placards showing Iran’s exiled crown prince Reza Pahlavi as they demonstrate outside the House of Parliament, in London, Tuesday, Jan. 13, 2026. (AP Photo/Kin Cheung)

Protesters hold up placards showing Iran’s exiled crown prince Reza Pahlavi as they demonstrate outside the House of Parliament, in London, Tuesday, Jan. 13, 2026. (AP Photo/Kin Cheung)

Iranians who live in Greece take part in a protest in front of the US Embassy in Athens, Greece, Tuesday, Jan. 13, 2026, supporting the protests in Iran. (AP Photo/Thanassis Stavrakis)

Iranians who live in Greece take part in a protest in front of the US Embassy in Athens, Greece, Tuesday, Jan. 13, 2026, supporting the protests in Iran. (AP Photo/Thanassis Stavrakis)

Police stand guard during a protest outside the Iranian Embassy in London, Monday, Jan. 12, 2026. (AP Photo/Alastair Grant)

Police stand guard during a protest outside the Iranian Embassy in London, Monday, Jan. 12, 2026. (AP Photo/Alastair Grant)

Protesters hold up a picture of Iran's exiled Crown Prince Reza Pahlavi as they demonstrate outside the Iranian Embassy in London, Monday, Jan. 12, 2026. (AP Photo/Alastair Grant)

Protesters hold up a picture of Iran's exiled Crown Prince Reza Pahlavi as they demonstrate outside the Iranian Embassy in London, Monday, Jan. 12, 2026. (AP Photo/Alastair Grant)

A picture of Ayatollah Ali Khamenei is set alight by protesters outside the Iranian Embassy in London, Monday, Jan. 12, 2026. (AP Photo/Alastair Grant)

A picture of Ayatollah Ali Khamenei is set alight by protesters outside the Iranian Embassy in London, Monday, Jan. 12, 2026. (AP Photo/Alastair Grant)

Signs from a Sunday protest, supporting protesters in Iran, are left on a sidewalk Monday, Jan. 12, 2026, in Los Angeles. (AP Photo/Damian Dovarganes)

Signs from a Sunday protest, supporting protesters in Iran, are left on a sidewalk Monday, Jan. 12, 2026, in Los Angeles. (AP Photo/Damian Dovarganes)

People attend a rally in Frankfurt, Germany, Monday, Jan. 12, 2026. (Boris Roessler/dpa via AP)

People attend a rally in Frankfurt, Germany, Monday, Jan. 12, 2026. (Boris Roessler/dpa via AP)

Protesters hold up placards and flags as they demonstrate outside the Iranian Embassy in London, Monday, Jan. 12, 2026. (AP Photo/Alastair Grant)

Protesters hold up placards and flags as they demonstrate outside the Iranian Embassy in London, Monday, Jan. 12, 2026. (AP Photo/Alastair Grant)

Protesters hold up placards and flags as they demonstrate outside the Iranian Embassy in London, Monday, Jan. 12, 2026. (AP Photo/Alastair Grant)

Protesters hold up placards and flags as they demonstrate outside the Iranian Embassy in London, Monday, Jan. 12, 2026. (AP Photo/Alastair Grant)

Protesters participate in a demonstration in Berlin, Germany, in support of the nationwide mass protests in Iran against the government, Saturday, Jan. 10, 2026. (AP Photo/Ebrahim Noroozi)

Protesters participate in a demonstration in Berlin, Germany, in support of the nationwide mass protests in Iran against the government, Saturday, Jan. 10, 2026. (AP Photo/Ebrahim Noroozi)

Activists carrying a photograph of Reza Pahlavi take part in a rally supporting protesters in Iran at Lafayette Park, across from the White House, in Washington, Sunday, Jan. 11, 2026. (AP Photo/Jose Luis Magana)

Activists carrying a photograph of Reza Pahlavi take part in a rally supporting protesters in Iran at Lafayette Park, across from the White House, in Washington, Sunday, Jan. 11, 2026. (AP Photo/Jose Luis Magana)

People hold up photos of Reza Pahlavi, the son of Iran's toppled Shah Mohammad Reza Pahlavi, during a small demonstration, in Istanbul, Sunday, Jan. 11, 2026, in support of the nationwide mass protests in Iran against the government. (AP Photo/Emrah Gurel)

People hold up photos of Reza Pahlavi, the son of Iran's toppled Shah Mohammad Reza Pahlavi, during a small demonstration, in Istanbul, Sunday, Jan. 11, 2026, in support of the nationwide mass protests in Iran against the government. (AP Photo/Emrah Gurel)

Shops are closed during protests in Tehran's centuries-old main bazaar, Iran, Tuesday, Jan. 6, 2026. (AP Photo/Vahid Salemi)

Shops are closed during protests in Tehran's centuries-old main bazaar, Iran, Tuesday, Jan. 6, 2026. (AP Photo/Vahid Salemi)

Protesters burn the Iranian national flag during a rally in support of the nationwide mass demonstrations in Iran against the government in Paris, Sunday, Jan. 11, 2026. (AP Photo/Michel Euler)

Protesters burn the Iranian national flag during a rally in support of the nationwide mass demonstrations in Iran against the government in Paris, Sunday, Jan. 11, 2026. (AP Photo/Michel Euler)

A protester holds a burning poster of Iran's Supreme Leader Ayatollah Ali Khamenei during a rally in support of the nationwide mass demonstrations in Iran against the government, Sunday, Jan. 11, 2026, in Paris. (AP Photo/Michel Euler)

A protester holds a burning poster of Iran's Supreme Leader Ayatollah Ali Khamenei during a rally in support of the nationwide mass demonstrations in Iran against the government, Sunday, Jan. 11, 2026, in Paris. (AP Photo/Michel Euler)

Activists take part in a rally supporting protesters in Iran at Lafayette Park, across from the White House in Washington, Sunday, Jan. 11, 2026. (AP Photo/Jose Luis Magana)

Activists take part in a rally supporting protesters in Iran at Lafayette Park, across from the White House in Washington, Sunday, Jan. 11, 2026. (AP Photo/Jose Luis Magana)

In this frame grab from video obtained by the AP outside Iran, a masked demonstrator holds a picture of Iran's Crown Prince Reza Pahlavi during a protest in Tehran, Iran, Friday, January. 9, 2026. (UGC via AP)

In this frame grab from video obtained by the AP outside Iran, a masked demonstrator holds a picture of Iran's Crown Prince Reza Pahlavi during a protest in Tehran, Iran, Friday, January. 9, 2026. (UGC via AP)

Shiite Muslims chant slogan during a protest against U.S. and show solidarity with Iran in Lahore, Pakistan, Sunday, Jan. 11, 2026. (AP Photo/K.M. Chaudary)

Shiite Muslims chant slogan during a protest against U.S. and show solidarity with Iran in Lahore, Pakistan, Sunday, Jan. 11, 2026. (AP Photo/K.M. Chaudary)

Protesters hold placards during a rally in support of the nationwide mass demonstrations in Iran against the government in Paris, Sunday, Jan. 11, 2026. (AP Photo/Michel Euler)

Protesters hold placards during a rally in support of the nationwide mass demonstrations in Iran against the government in Paris, Sunday, Jan. 11, 2026. (AP Photo/Michel Euler)

In this frame grab from footage circulating on social media shows protesters dancing and cheering around a bonfire as they take to the streets despite an intensifying crackdown as the Islamic Republic remains cut off from the rest of the world, in Tehran, Iran, Friday, Jan. 9, 2026.(UGC via AP)

In this frame grab from footage circulating on social media shows protesters dancing and cheering around a bonfire as they take to the streets despite an intensifying crackdown as the Islamic Republic remains cut off from the rest of the world, in Tehran, Iran, Friday, Jan. 9, 2026.(UGC via AP)

Protesters participate in a demonstration in front of the Brandenburg Gate in Berlin, Germany, in support of the nationwide mass protests in Iran against the government, Sunday, Jan. 11, 2026. (AP Photo/Ebrahim Noroozi)

Protesters participate in a demonstration in front of the Brandenburg Gate in Berlin, Germany, in support of the nationwide mass protests in Iran against the government, Sunday, Jan. 11, 2026. (AP Photo/Ebrahim Noroozi)

Protesters hold placards during a rally in support of the nationwide mass demonstrations in Iran against the government in Paris, Sunday, Jan. 11, 2026. (AP Photo/Michel Euler)

Protesters hold placards during a rally in support of the nationwide mass demonstrations in Iran against the government in Paris, Sunday, Jan. 11, 2026. (AP Photo/Michel Euler)

Protesters participate in a demonstration in front of the Brandenburg Gate in Berlin, Germany, in support of the nationwide mass protests in Iran against the government, Sunday, Jan. 11, 2026. (AP Photo/Ebrahim Noroozi)

Protesters participate in a demonstration in front of the Brandenburg Gate in Berlin, Germany, in support of the nationwide mass protests in Iran against the government, Sunday, Jan. 11, 2026. (AP Photo/Ebrahim Noroozi)

A woman, with her face painted with the colors of Iran's flag, joins with others during a small demonstration, in Istanbul, Sunday, Jan. 11, 2026, in support of the nationwide mass protests in Iran against the government. (AP Photo/Emrah Gurel)

A woman, with her face painted with the colors of Iran's flag, joins with others during a small demonstration, in Istanbul, Sunday, Jan. 11, 2026, in support of the nationwide mass protests in Iran against the government. (AP Photo/Emrah Gurel)

Protesters participate in a demonstration in Berlin, Germany, in support of the nationwide mass protests in Iran against the government, Saturday, Jan. 10, 2026. (AP Photo/Ebrahim Noroozi)

Protesters participate in a demonstration in Berlin, Germany, in support of the nationwide mass protests in Iran against the government, Saturday, Jan. 10, 2026. (AP Photo/Ebrahim Noroozi)

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