What's the meaning of the underlined?

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Eartha

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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

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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

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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........"
 
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