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Larger deficit driven by stockpiling in preparation for the port strikes.
Net trade probably only a small drag on headline growth in Q3.
Underlying equipment investment is still weak, but computers and aircraft are red hot.
Drag from trade on Q3 GDP growth likely to be offset elsewhere.
Ignore the headline, the underlying trend is very weak.
The underlying trend in equipment investment looks weak, despite the bumper Q2 headline.
Hit to Q2 GDP growth from net trade probably offset by inventories and investment.
Net trade and equipment investment both set to drag on Q2 growth.
GDP details better than the headline, but growth is slowing.
Better headline numbers, but the underlying trend is still weak.
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