The First U.S.-Russia Presidential Summit on American Soil Since 1988

Today’s sit-down in Anchorage will be the first U.S.-Russia summit on American soil since Reagan met Gorbachev in ’88. Trump’s billing it as a shot at ending the Ukraine war, but let’s keep some perspective: he’s been saying “two weeks” since the campaign trail and has repeated it in office like a mantra. Nothing on the battlefield or in politics has shifted in his favor, yet markets are trading this as if an outcome is baked in–and the outcome is expected to be more Russian barrels on the market.…