This Psalm is Messianic and Millennial in that the contents and requests therein will be fulfilled when Christ returns to reign over all the earth for one thousand years. Waht an incredibly blessed time that will be!
God's saints should pray for that day to come. We should also pray that the lost world would come to know Jesus by witnessing His blessing on His people. That blessing is not a material blessing but it is the power and joy of the Holy Ghost in our lives.