Ray Fair, a Yale economist, predicts election results using a measure of inflation and growth in average incomes.

ECONOMIST: John McCain's economics

Ray Fair, an economist at Yale, famously devised an equation linking the outcome of presidential elections to inflation and output growth, but mid-terms are murkier.

ECONOMIST: The mid-term elections

Ray Fair, an economist at Yale University, found in a paper that hasn't been peer-reviewed that the U.S. trade deficit would decline if the yuan were allowed to rise.

WSJ: Flawed Math Seen in Job Losses Tied to China

To be fair, the Fed did provide one ray of hope.

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