Jim Cramer, the 10-Year and the Boy Who Cried Wolf

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Though fears have somewhat abated, declines in the 10-year Treasury yield have recently sent recession bells ringing on Wall Street once again.

At the end of the day, Jim Cramer said that lower rates are only a bad thing if you're not trying to buy, sell or exist in the United States.

While Cramer noted that there can always be "something lurking" on the horizon, it's difficult to see a recession with the current job growth and a consumer "so good it's amazing."

So should investors stop looking for a recession and start seeking out bargains in the market?

Cramer shared a few words of advice in the video above.

Related. Jim Cramer: In America, Lower Rates Are Nirvana for the Consumer and Stocks

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