This Is the Asset to Watch When Putin Meets Trump for Second Time
- Micex Index enters bull market on eve of possible meeting
- Stock gauge has tracked ups and downs of countries’ relations
How Putin Became the Symbol of Russian Power
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No asset has told the story of Donald Trump’s tumultuous relationship with President Vladimir Putin better than Russia’s equity index.
The Micex Index shot to a record high after Trump’s election a year ago ushered in hopes of a reset in relations between the two former Cold War foes. By the time the leaders held their first meeting in July, relations had soured and the gauge had plummeted into a bear market amid the threat of tighter sanctions.