“Give thanks to the Lord of lords, for his steadfast love endures forever; to him who alone does great wonders …” (v3-4). This psalm sings of God’s “steadfast love” revealed in His mighty acts of creation and salvation. It all begins with His goodness (v1), which caused Him to create the universe (v5-9): the moon and stars, earth and sea. Then the psalm describes how God showed His love to Israel, by rescuing them from Egypt, defeating their enemies, and settling them in the Promised Land, for the sake of the world (v10-21).
God’s steadfast love is revealed in our beautiful universe and in His saving grace; He is God of everything and God with us.