Debugging git slowness

Here's the command to understand where is it running slow and what's happening at each step.

set -x; GIT_TRACE=2 GIT_CURL_VERBOSE=2 GIT_TRACE_PERFORMANCE=2 GIT_TRACE_PACK_ACCESS=2 GIT_TRACE_PACKET=2 GIT_TRACE_PACKFILE=2 GIT_TRACE_SETUP=2 GIT_TRACE_SHALLOW=2 git pull origin master -v -v; set +x