What's the meaning of the underlined?

[Eartha]

It may well be that the world is recovering, um… but people don't necessarily feel good about it.




Dear all,

What's the meaning of the underlined?


Thanks in advance.

 

[bhaisahab]

It may well be that the world is recovering, um… but people don't necessarily feel good about it.




Dear all,

What's the meaning of the underlined?


Thanks in advance.

"It may/might/could be the case that..."

 

[2006]

It may well be that the world is recovering, um… but people don't necessarily feel good about it.

also, "It's possible that the world is recovering........"