China Builders Jump on Hopes of More Stimulus Measures

The video discusses recent market trends, highlighting a 34% increase and the lack of a clear catalyst. It compares the situation to a rubber band snapping back after prolonged selling periods. Recent government actions, such as easing restrictions and mortgage rules, are seen as a potential stimulus. Traders are optimistic, viewing these actions as a 'bazooka' of economic support, though not necessarily a fiscal one. The discussion also touches on the need for broader economic changes, especially in China's ailing property sector, to stimulate growth.

What does the speaker mean by 'waiting for this big bazooka'?

In what ways does the speaker suggest that the economy might change?