1. His compassions never fail (19-30)
The author fully acknowledges his present affliction and bitterness. His soul is downcast. But in his agony, he has hope. His hope is not in himself but in God's character. He remembers the LORD's great love. God's compassions never fail but are new every morning. God's faithfulness to his promises and his people are so great. He does not punish forever but forgives and saves. We always have hope because of who God is. We should learn this when we are young.
2. Great is his unfailing love (31-39)
God allows grief to come but always shows compassion to us. He will allow suffering to come into our lives. He may deny us justice or even allow us to be crushed. God may discipline us for our sins. But God does this to help us to turn away from our sins and to be restored to him. God's love is unfailing for those who repent.