6 For the righteous will never be moved;
he will be remembered forever.
7 He is not afraid of bad news;
his heart is firm, trusting in the Lord.
8 His heart is steady; he will not be afraid,
until he looks in triumph on his adversaries.
~ Psalm 112:6-8
A former boss and friend relayed Psalm 112:7 to me soon after giving me some very bad news which devastated me and my family. It seemed a cold slap in the face at the time. I've come to treasure this passage though not always. Sometimes, many times, I still live in fear of bad news. And when the bad happens, I can be undone and my faith can be really tested.
Here's what the always helpful ESV Study Bible has to say:
Ps. 112:6–8 never be moved. See note on 15:5c; verses 7–8 of Psalm 112 describe his security. be remembered. By the people, just as they remember the Lord's own wondrous works (111:4), and perhaps by the Lord himself, who remembers his covenant forever (112:6). The righteous is not afraid of bad news, because he fears the Lord (112:1).