The S&P 500 hit a new high for the year lately after the November jobs report and University of Michigan consumer survey data indicated a resilient economy and cooling inflation, triggering bets on a so-called soft-landing scenario. Decent U.S. GDP growth, a less-hawkish Fed, upbeat holiday season sales, cheaper valuation and potential M&A activities should drive small-cap stocks higher in 2024. This means that equities can be converted to cash quickly.In fact, trading in higher average daily volumes keeps the bid/ask spread tight and does not lead to extra cost for investors.