Dr. Trueman had some insight onto the recent economic struggles of clowns:
The reasons for the decline in the clown population seem complex. Increasing levels of good taste, higher literacy rates, and increasing self-respect in many parts of society have probably taken their toll on clowning communities. Indeed, why would anyone want to be a clown when the same skill set makes politics an easier and more lucrative option?
Should we consider it more bullish or bearish based on his final analysis? I don’t think it’s too hard to figure out.