You’ve got some serious syntax errors – once you open that <?php
tag, you’re running PHP – no need to execute it again (i.e. inside your variable assignment strings):
if ( is_user_logged_in() ) { // Only show the output below if a user is logged in
$admin_link = esc_url( admin_url() ); // Escaped admin link
$logout_link = esc_url( wp_logout_url() ); // Escaped logout link
if ( current_user_can( 'manage_options' ) ) { // Current user is an admin, show the admin link
echo ' · <a href="' . $admin_link . '">Admin</a> ·';
}
echo ' · <a href="' . $logout_link . '">Log out</a> ·';
}