Passage
The Lord is my portion, sayth my soule: therefore wil I hope in him.
The Lord is my portion, sayth my soule: therefore wil I hope in him.
Lamentations 3:22 It is the Lordes mercies that wee are not consumed, because his compassions faile not.
Lamentations 3:23 They are renued euery morning: great is thy faithfulnesse.
Lamentations 3:24 The Lord is my portion, sayth my soule: therefore wil I hope in him.
Lamentations 3:25 The Lord is good vnto them, that trust in him, and to the soule that seeketh him.
Lamentations 3:26 It is good both to trust, and to waite for the saluation of the Lord.
The verse centers on "lord", "portion", "sayth", "soule", "therefore", and "hope". It is saying that the verse draws attention to "lord" and "portion", so its meaning should be read from those terms before moving to application.
The nearby context moves from verse 23's "They are renued euery morning great is..." into verse 25's "The Lord is good vnto them that...", so "lord" and "portion" belong inside that flow. In Lamentations context, the local focus is covenant, worship, and faithfulness.
A plain takeaway is to answer the verse's own emphasis on "lord" and "portion" with trust shaped by these words, not by a vague optimism outside the passage.