Passage
Be still, and know that I am God: I will be exalted among the nations, I will be exalted in the earth.
Be still, and know that I am God: I will be exalted among the nations, I will be exalted in the earth.
Psalms 46:8 Come, behold the works of Jehovah, What desolations he hath made in the earth.
Psalms 46:9 He maketh wars to cease unto the end of the earth; He breaketh the bow, and cutteth the spear in sunder; He burneth the chariots in the fire.
Psalms 46:10 Be still, and know that I am God: I will be exalted among the nations, I will be exalted in the earth.
Psalms 46:11 Jehovah of hosts is with us; The God of Jacob is our refuge. Selah Psalm 47 For the Chief Musician. A Psalm of the sons of Korah.
The verse centers on "still", "exalted", "nations", and "earth". It is saying that the verse draws attention to "still" and "exalted", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 9's "He maketh wars to cease unto the..." into verse 11's "Jehovah of hosts is with us The...", so "still" and "exalted" belong inside that flow. In Psalms context, the local focus is worship, trust, the LORD's kingship, and covenant mercy.
A plain takeaway is to answer the verse's own emphasis on "still" and "exalted" with trust shaped by these words, not by a vague optimism outside the passage.