They call it a recession. But the stock market is up 30%

The economy and the stock market are not the same thing.

As of covid stimulus package 1, the bear market is a thing of the past. When the POTUS is your Fed chairman, you will never have another bear market. Hyperinflation, possible, but bear market, no. (yahoo link since bloomberg is paywall)

https://finance.yahoo.com/news/feds-cure-risks-being-worse-1...

"This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump."