Japanese Finance Minister Sanae Takaichi recently announced a major news: next year may see Japan achieve its first primary budget surplus in 28 years. Once this news broke, the market reacted strongly—Japan, a country long burdened with high debt and aggressive monetary policy, is actually starting to "tighten its belt."

What does this imply? Two core changes cannot be ignored.

First is a complete rewriting of fiscal perception. Shifting from unlimited expansion to surplus targets, the yen is expected to shake off its long-term weakness and make a strong rebound. Global investors' assessment of Japan's economic resilience may also undergo a major turnaround.

Second is the rapid easing of inflationary pressures. Tokyo's December CPI has fallen to 2.0%, and the Bank of Japan can finally breathe a sigh of relief. But there's a subtle point— the yen remains relatively weak, and global capital is still on the sidelines, not rushing to follow suit.

In such an environment, safe-haven assets have become highly sought after. Gold is naturally the first choice, but the crypto market is also riding the wave. Assets on networks with low Gas fees like Ethereum, due to their low barriers and high volatility, have quickly attracted a large influx of aggressive capital.

The real variable lies across the Atlantic. Trump's "America First" policy is about to be fully implemented, and the combination of strong growth and high tariffs will reshape global capital flows. Japan's fiscal tightening this time not only aims to stabilize the domestic situation but also to cope with potential financial shocks from the US.

The question is: can a country with a 28-year deficit suddenly hit the brakes, especially when inflation clouds still linger and a US storm is brewing—can this brake truly stop the economy? The market is re-pricing Japanese assets. Is your investment portfolio already adjusted?