Regarding honoring Hashem, it states (Tehillim 50:23) יכבדנני, "he Honors Me," and the Sfas Emes says that the two ן"נוs in this word means to honor and to praise Hashem also for the good and also for the bad, because everything is for the good. The pasuk ends and states, אלקים בישע אראנו, "I will show him Hashem's salvation." This tells us that praising Hashem for the good and the opposite is mesugal for yeshuos. When one praises Hashem with the awareness that everything will be good, he will merit seeing the salvation that will come from it.
This is also alluded to in the words (Tehillim 118:2) חסדו לעולם כי ישראל נא יאמר, "Let Yisrael say now, for His kindness endures forever." Reb Shlomo Kluger zt'l explains that if Bnei Yisrael will say that it is good, they will merit seeing it so.
