“Give thanks to the God of gods, for his steadfast love endures forever …” (v2). The psalmist led Israel in praising God for His steadfast love, which is beautifully evident in the “great wonders” He has done (v4). The earth and the universe reveal His never-failing love for all creation (v5-9), yet God also shows specific love to humanity. By His “strong hand and outstretched arm” He brought Israel out of Egypt (v12), and He continues to rescue us.
We each have personal reasons to “give thanks to the Lord, for He is good” (v1). His steadfast love brought the world into existence, and His mercy and grace toward us will not fail.