“"Our soul is filled exceedingly; a reproach to the wealthy, and a contempt to the proud" (ver. 4). We were asking who were "the wealthy:" he hath expounded to thee, in that he hath said, "the proud." "Reproach" and "contempt" are the same: and "wealthy" is the same with "proud." It is a repetition of the sentence, "a…”
Augustine of Hippo, 5th c. — Exposition on Psalm 123
Original
4Our soul is exceedingly filled with the scorning of those that are at ease, and with the contempt of the proud.
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In context
2Behold, as the eyes of servants look unto the hand of their masters, and as the eyes of a maiden unto the hand of her mistress; so our eyes wait upon the LORD our God, until that he have mercy upon us.
3Have mercy upon us, O LORD, have mercy upon us: for we are exceedingly filled with contempt.